Newswire Summaries
UBX Tanzania, ACI Worldwide to power next phase of nation's digital economy
Thursday, May 21, 2026 16:43:37 (UTC)
May 21, 2026 1:00 AM Eastern Daylight Time UBX Tanzania Deepens Partnership with ACI Worldwide to Power the Next Phase of the Nation’s Digital Economy The upgraded platform is expected to double monthly payment transaction processing capacity original From left to right: Seronga Wangwe, Managing Director and Chief Executive Officer, UBX Tanzania Limited; Firehiwot Ayele, Sr. Account OMAHA, Neb. & DAR ES SALAAM, Tanzania--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an origi...
Terry O'Neil joins Papaya as Chief Commercial Officer
Thursday, May 21, 2026 16:41:20 (UTC)
May 21, 2026 8:30 AM Eastern Daylight Time Former Citi Managing Director, Terry O’Neil, Joins Pagaya as Chief Commercial Officer NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today named Terry O’Neil as Chief Commercial Officer. In this role, Terry will lead Pagaya's partnership and growth functions. “We’re thrilled to welcome...
Klarna, Tekion drive flexible payments into the auto services lane
Thursday, May 21, 2026 16:39:36 (UTC)
May 21, 2026 9:00 AM Eastern Daylight Time Klarna and Tekion Drive Flexible Payments Into the Auto Service Lane NEW YORK--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, is partnering with Tekion, innovator of the first end-to-end, AI-native platform serving the entire automotive retail ecosystem, to bring additional payment options to dealership service departments across the U.S. When a $1,200 brake job or a $3,000 transmission repair lands witho...
New doxo report reveals geographic disparities in US household bill costs
Thursday, May 21, 2026 16:37:57 (UTC)
May 21, 2026 9:00 AM Eastern Daylight Time As Inflation Reaccelerates, New doxo Report Reveals Geographic Disparities in US Household Bill Costs Tremendous expense disparities: State-by-State Analysis shows bills in the most expensive States 2.5X higher than the most affordable. SEATTLE--(BUSINESS WIRE)--doxo today released its 2026 State-by-State Bill Pay Market Report, a comprehensive analysis designed to frame the true cost of household obligations in an era of heightened econo...
Corpay completes refinancing, increases revolving credit facility to $3.7B
Thursday, May 21, 2026 16:35:52 (UTC)
May 21, 2026 12:06 PM Eastern Daylight Time Corpay Completes Refinancing and Increases Revolving Credit Facility To $3.7 Billion ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), the corporate payments and expense management company today announced that it closed an amendment to increase its revolving credit facility by $925 million to $3.7 billion and increase its Term Loan A by $420M to $3.3 billion, both for new 5-year terms. The USD interest rates are 10 basis points lower...
NCR Atleos expands Cashzone ATM network into Colombia, with Bancoomeva
Thursday, May 21, 2026 16:31:11 (UTC)
NCR Atleos expands Cashzone ATM network into Colombia, in collaboration with Bancoomeva ATLANTA -- NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced the expansion of its Cashzone ATM network into Colombia. The launch will be supported by Bancoomeva, which will act as the sponsoring and settlement bank, and will be responsible for the provision of financial services associ...
PACE Act could create faster payments—and faster disputes, warns Chargebacks911
Thursday, May 21, 2026 16:29:17 (UTC)
PACE Act Could Create Faster Payments—and Faster Disputes, Warns Chargebacks911 WASHINGTON — In late April, U.S. Representatives Young Kim and Sam Liccardo introduced the Payments Access and Consumer Efficiency (PACE) Act, legislation that would allow qualifying nonbank payment providers to directly access federal payment rails. While the move is widely seen as a step toward faster, more efficient payments and greater fintech participation, experts at Chargebacks911, a global leader in ch...
Most current manufacturing indicators decline in May
Thursday, May 21, 2026 16:26:03 (UTC)
Most Current Manufacturing Indicators Decline in May May 21, 2026 Philadelphia—Manufacturing activity in the region weakened overall, according to the firms responding to the May Manufacturing Business Outlook Survey. The diffusion index for current general activity fell from 26.7 in April to -0.4 in May after rising in each of the previous four months. The indicators for new orders and shipments also fell sharply this month. The firms continued to report an overall decline in emplo...
UK merchants report growing exposure to AI-initiated transactions, TPA finds
Thursday, May 21, 2026 16:22:49 (UTC)
UK Merchants Report Growing Exposure to AI-Initiated Transactions, says The Payments Association London – May 2026 – The Payments Association (TPA), the trade body representing the payments industry, has published new research showing that nearly six in ten UK retail merchants believe they have observed AI agent activity on their platforms. Led by its Merchant Payments Working Group, the report titled Agentic commerce in UK retail: An unresolved liability question warns that merchan...
Price comparison drives AI shopping, consumers still select merchant brands they know
Thursday, May 21, 2026 16:20:41 (UTC)
Price comparison is driving AI shopping adoption, but consumers still select merchant brands they know New research from PSE Consulting finds that while price is the primary driver of AI-assisted shopping, brand recognition and customer reviews remain the critical trust signals that determine which seller they select. London, UK, 21 May 2026: Price is the single most influential factor in AI-assisted shopping, with almost a third of consumers (32%) citing it as their primary decisio...
