Newswire Summaries
Payroc completes acquisition of BlueSnap
Thursday, October 09, 2025 18:30:28 (UTC)
CHICAGO, Oct. 9, 2025 /PRNewswire/ -- Payroc, a leading payments platform and merchant acquirer, today announced it has completed its acquisition of BlueSnap, the global Boston-based payment orchestration and AR automation platform. The transaction, first announced following a definitive agreement on July 31, 2025, is now closed and the BlueSnap technology and team will begin operating as part of Payroc effective immediately. The strategic union brings together Payroc's direct-connect acqui...
Happy Money expands capabilities of Hive, its proprietary lending platform
Thursday, October 09, 2025 18:29:33 (UTC)
TORRANCE, Calif., Oct. 9, 2025 /PRNewswire/ -- Happy Money, a leading consumer finance company dedicated to empowering individuals through responsible lending, today unveiled upgraded capabilities to its proprietary lending platform, Hive, which powers its borrower and funding partner ecosystem. Since enhancing the platform, Happy Money has driven faster credit decisions, reduced borrower friction and increased monthly loan originations more than 400% year to date. Hive is the technology back...
Holiday shoppers split on spending, retailers double down on incentives
Thursday, October 09, 2025 18:18:27 (UTC)
SAN MATEO, Calif., Oct. 9, 2025 /PRNewswire/ -- Rakuten, the leading Cash Back shopping platform, today unveiled new research conducted by Harris Poll on behalf of Rakuten that highlights a sharply divided outlook for holiday shopping this year with just over one-fourth of shoppers (28%) planning to spend less, while a similar share (26%) expect to spend more. This divide is even more pronounced among households with children, which are gearing up to spend at nearly twice the rate of child-free ...
Fintech Forward 2025 delivers 38 key partnerships, strategic agreements signed
Thursday, October 09, 2025 18:17:04 (UTC)
MANAMA, Bahrain, Oct. 9, 2025 /PRNewswire/ -- Fintech Forward 2025 (FF25), hosted by the Bahrain Economic Development Board (Bahrain EDB) wrapped up on a high note earlier today at Exhibition World Bahrain (EWB) bringing together policymakers, investors, founders, and thought leaders from around the world to shape the future of financial services. Marking its third iteration, this year's edition drew the highest number of sponsors, participants, and partnerships to date, with 38 Memorandums of U...
Alkami honors Hackathon winners driving digital banking’s future
Thursday, October 09, 2025 16:48:56 (UTC)
October 9, 2025 (Plano, Texas) – Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a digital sales and service platform provider for financial institutions in the U.S., today announced the winners of its annual Hackathon, where Alkamists, customers, and partners team up to push the boundaries of digital banking innovation. The Hackathon is an intensive competition where teams rapidly develop innovative solutions to a challenge, improve existing processes, or align with a set theme. Typica...
Gift cards surge as shoppers navigate economic pressures this holiday season, BHN finds
Thursday, October 09, 2025 16:46:17 (UTC)
Pleasanton, Calif., Oct. 9, 2025—BHN research finds consumer increase in gift card purchases helps preserve generous gifting while managing rising costs Shoppers are strategically shifting toward more gift card purchases to maintain holiday gifting traditions amid economic pressures, according to new research from Blackhawk Network (BHN), a leading global provider of branded payment solutions. BHN's annual holiday forecast, which surveyed over 2,100 U.S. consumers, reveals that while 13%...
Chargebacks911: False declines quietly cost merchants more than fraud itself
Thursday, October 09, 2025 16:27:22 (UTC)
TAMPA, Fla. — The payments industry has spent decades waging war on fraud. But according to Chargebacks911, a global leader in dispute resolution and chargeback prevention, data shows merchants are losing more money and goodwill to false declines than to fraud itself. The findings, drawn from the company’s Cardholder Dispute Index and Chargeback Stats, highlight how blunt fraud filters are quietly eroding revenue, trust, and loyalty at a staggering rate. Fraud filters are meant to protect...
Cybersecurity tops CFO’s risk agenda, 99% reporting incidents, 94% planning to spend more
Thursday, October 09, 2025 16:22:15 (UTC)
London, UK – 9th October 2025 – New research commissioned by global S&P500 corporate payments company, Corpay, finds that 99% of UK finance leaders surveyed have experienced payments-related cyber incidents in the past two years, exposing the fragility of legacy systems and an urgent need for change. With finance functions now a frontline target, the research saw ‘cybersecurity threats’ attract the largest percentage of responses (42%) from surveyed CFOs when asked what operationa...
Square AI gains new intelligence capabilities
Wednesday, October 08, 2025 17:23:01 (UTC)
Oct 8, 2025 9:00 AM Eastern Daylight Time Square AI Gains New Intelligence Capabilities, Providing Deeper Business and Neighborhood Insights to Square Sellers Square AI adds external weather, events, news, and reviews data, letting sellers merge their business metrics with real-world and local neighborhood insights to make more informed menu, staffing, and inventory decisions – now, even when on the go NEW YORK--(BUSINESS WIRE)--Square today announced significant enhancements to...
Are we on verge of a new normal as fintechs pursue bank charters?
Wednesday, October 08, 2025 17:20:15 (UTC)
Oct 8, 2025 9:30 AM Eastern Daylight Time Are We on the Verge of a New Normal as Fintechs Pursue Bank Charters? New report from QED Investors and Oliver Wyman details the bank charter wave by fintechs and nonbanks ALEXANDRIA, Va.--(BUSINESS WIRE)--QED Investors, a leading global fintech venture capital firm, and Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today announced a new report titled, Seizing the bank charter moment: Impli...
