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Newswire Summaries

Esker a leader in 2024 Gartner® Magic Quadrant™

Wednesday, May 08, 2024 — 12:51:45 (EDT)

Esker Named a Leader in the 2024 Gartner® Magic Quadrant™ for Invoice-to-Cash Applications May 08, 2024 12:00 PM Eastern Daylight Time LYON, France & MIDDLETON, Wis.--(BUSINESS WIRE)--Esker, a global cloud platform and leader in AI-driven process automation solutions for Finance, Procurement and Customer Service functions, today announced that it has been named a Leader in the 2024 Gartner Magic Quadrant for Invoice-to-Cash Applications for the second consecutive year. “cloud-based...

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89% of consumers now using credit cards for essentials, says Varo Bank

Wednesday, May 08, 2024 — 12:47:04 (EDT)

SAN FRANCISCO, May 8, 2024 /PRNewswire/ -- Varo Bank, the first nationally chartered consumer tech bank in the U.S., announced the release of new research about the impact of inflation on cash-sensitive consumers in a new Wealth Watch Insights report. The data shows the strain inflation has caused for this demographic, with 89% of respondents reporting that they now rely on credit cards to pay for everyday expenses. Authored with Morning Consult, this new report offers a look at the real-wo...

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Trustmi honored for fraud prevention at InfoSec Awards

Wednesday, May 08, 2024 — 12:43:39 (EDT)

SAN FRANCISCO, May 8, 2024 /PRNewswire/ -- Trustmi, the leader in business payment security, today announced it won Best Fraud Prevention Solution from Cyber Defense Magazine (CDM), the industry's leading electronic information security magazine. The selection was announced at the 12th annual Global InfoSec Awards held during the RSA Conference in San Francisco. The judges are certified security professionals who voted based on their independent review of the company-submitted materials, in...

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GLEIF confirms BNP Paribas as Validation Agent

Wednesday, May 08, 2024 — 12:38:09 (EDT)

07 May 2024 – Basel – The Global Legal Entity Identifier Foundation (GLEIF) today announces that BNP Paribas has become the latest global financial institution to be approved as a Validation Agent in the Global LEI System. The addition of BNP Paribas to the Global LEI System marks the first global systemically important bank (G-SIB) headquartered in the European Union to join the Validation Agent program. The Validation Agent program has been live for over two years and more than 1...

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Paymentology, DTB to drive embedded finance in Kenya

Wednesday, May 08, 2024 — 12:36:27 (EDT)

London, UK and Nairobi, Kenya | 8th May 2024 - Paymentology, the leading global issuer-processor, today announces its strategic partnership with Diamond Trust Bank (DTB), a tier one East African commercial banking franchise. The partnership is aimed at driving financial inclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS), for both licensed and unlicensed entities. Operating across Kenya, Tanzania, Uganda, and Burundi, DTB offers innovati...

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Banked, NAB aim to speed Pay by Bank adoption in Australia

Wednesday, May 08, 2024 — 12:34:13 (EDT)

Sydney, Australia | May 8, 2024 – Leading global fintech Banked and National Australia Bank (NAB) have launched a new partnership to accelerate the number of Australian merchants adopting and integrating account-to-account (A2A) payments solutions. The partnership aims to boost the use of ‘Pay by Bank’ technology – using Australian Payments Plus’ (AP+) PayTo services - making it easier for merchants to give Australians more choice and control in the way they pay. Pay by Ban...

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Utimaco launches u.nity Partner Program to drive growth

Wednesday, May 08, 2024 — 12:31:08 (EDT)

RSA Conference 2024 (Booth #5256) and AACHEN, Germany – May 7, 2024 – Utimaco, a leading global provider of IT security solutions, today announced the introduction of its u.nity Partner Program. The program enables resellers to offer their customers cutting-edge data protection and cybersecurity solutions while leveraging the breadth of Utimaco’s extensive global expertise and in-region support. The u.nity program aims to strengthen partner capabilities while maximizing opportunities ...

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PSCU/Co-op Solutions enters its next era as Velera

Wednesday, May 08, 2024 — 12:28:48 (EDT)

St. Petersburg, Fla. — (May 7, 2024) — PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today announced its rebranding as Velera. The new name represents the CUSO’s unique ability to drive velocity and positive momentum for credit union success in a new era characterized by technological disruption, shifting consumer expectations, and an increasingly complex regulatory environment...

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Fullmoon Digital balances ecommerce, experiential marketing

Tuesday, May 07, 2024 — 15:12:04 (EDT)

(Windermere, FL) May 6, 2024—As retail giants grapple with closures, the landscape of commerce is undergoing a seismic shift. Last year, more than 4,600 stores closed due to bankruptcy, underperformance, or rising issues with theft. (1) Dollar Tree, which includes Family Dollar, is slated to close approximately 1,000 stores in 2024. Starting in 2023 and extending into 2024, Best Buy is closing between 30 and 40 stores. Walgreens announced the closure of about 150 stores before the end of 2024....

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FPC unveils comprehensive report on instant recurring payments

Tuesday, May 07, 2024 — 12:15:31 (EDT)

Bentonville, Ark., May 7, 2024 – The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest report titled, Navigating Instant Recurring Payments: Consumer, Business, and Financial Institution Perspectives. This comprehensive needs assessment offers strategic insights into the implementation of instant recurring payments, focusing on the unique perspectives of consumers, businesses, an...

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