Newswire SummariesSAN MATEO, Calif., May 13, 2024 /PRNewswire/ -- Amid a well-documented surge in both consumer debt and loan delinquencies, few Americans are optimistic about their current financial situation. Many point to rising debt and difficulty living within their means as the main culprits, according to a first-of-its-kind report from Achieve, the leader in digital personal finance. Achieve Center for Consumer Insights finds that nearly one-third of consumers, or 31 percent, said it is very difficult...
NORTH CANTON, Ohio, May 13, 2024 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Bankart, the leading payment processing company in Slovenia and the surrounding region, is migrating its payment services by using Diebold Nixdorf's proven Vynamic® Transaction Middleware. The cloud-native solution will drive modern payment capability for ATMs, point-of-sale (POS) terminals, e-commerce and other systems for 20 banks in s...
LAS VEGAS, May 13, 2024 /PRNewswire/ -- JanOne Inc. (Nasdaq: JAN) announced today that it has executed a Definitive Agreement to acquire blockchain financial technology provider, ALT 5 Sigma Inc., a Delaware corporation, and each of its wholly-owned subsidiaries. The transaction is anticipated to close the week of May 13th, 2024 and is subject to customary closing conditions and regulatory requirements as applicable. Launched in 2018, ALT 5 is a fintech that provides next generation blockch...
IRVING, Texas – May 9, 2024– Today, Hyosung Americas, which has a proud history of global industry-leading innovation in ATM hardware, software and services focused in the financial and retail markets, announced Kunoh Kim as its new Chief Executive Officer. "Kunoh is a welcome addition, bringing new energy to Hyosung’s banking technology business in North America. His intelligence, business acumen and recent experience driving our fintech and retail technology business in Korea wil...
Austin, TX (5.13.24) - Onramp Funds, an innovative funding provider supporting eCommerce business growth, has hired Jessica Granatowski as its Head of Sales. In this role, Granatowski is responsible for revenue growth including inbound and outbound new business efforts, as well as, customer retention and account expansion. As a 15-year sales professional, Granatowski has developed a specialty in sales leadership positions for small businesses and start-ups, helping lay the foundatio...
Lake Mary, Fla, US – May 13, 2024 – Finastra, a global provider of financial software applications and marketplaces, today announced it has completed testing and certification through the Federal Reserve for ISO 20022, becoming one of the first vendors in the industry to complete the process for multiple solutions. The certification, which enables and supports compliance to ISO 20022 messaging standards for Fedwire, applies to four of Finastra’s payment processing solutions, facilitating i...
Dubai, UAE, Manama, Bahrain and London, UK| 13 May 2024: Fils, the fast growing, UAE based enterprise-grade digital infrastructure provider enabling companies to embed sustainability and climate action into their business models, today announced a major partnership with Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler. The collaboration marks a significant step towards fostering sustainable practices and driv...
Bristol, UK. Monday 13th May 2024: To mark the UK’s Mental Health Awareness Week (13th-19th May), leading financial wellbeing business, Loqbox, has released findings revealing the ramifications of the ongoing cost-of-living crisis on people’s mental health. Extending far beyond mere economic strain, Loqbox’s new study has found that the relentless pressure of financial instability has a clear and significant impact on emotional and mental wellbeing. These findings not only shed light ...
London, May 13, 2024—Fintech Week London, a series of events that celebrates London’s innovative fintech scene, has just announced an impressive line-up of the industry’s key leaders taking to the stage at this year’s flagship conference. Taking place between 10 and 14 June, the flagship event on 13 June in the Park Plaza Victoria London, will bring together notable speakers, including Theo Lau, Founder of Unconventional Ventures, Torry Bernsten, CEO of Standard Chartered for Europe & Am...
WASHINGTON, May 13, 2024 – The Merchants Payments Coalition told the Federal Reserve this weekend that a proposed reduction in high “swipe” fees large banks charge merchants to process debit card transactions is welcome but still provides banks with huge profit margins that no competitive business in the nation could charge. “It is not reasonable for the Board to set a single base component rate that massively overcompensates high-volume, low-cost issuers,” MPC said in a letter to...
Achieve studies American households drowning in debt
Bankart, Diebold Nixdorf aim to modernize payment processing in Europe
JanOne to acquire blockchain fintech ALT 5 Sigma
Hyosung Americas selects Kunoh Kim as CEO
Onramp Funds hires Jessica Granatowski as head of sales
Finastra achieves ISO 20022 certification
Fils, AFS to drive sustainable digital transformation
75% of Brits experienced distress over finances
