Newswire Summaries(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....
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...
MUMBAI, INDIA, and CURITIBA, BRAZIL, May 07, 2024: YES BANK, a leading private sector bank in India, and EBANX, a global fintech company specialized in payment solutions for emerging markets, announced today a strategic partnership for payment processing in India, for the global digital economy. This collaboration represents a significant milestone in the digital payments landscape, aimed at streamlining cross-border payment processing and enhancing global commerce opportunities for global merch...
Duesseldorf, May 7th, 2024 – In March 2024, the European Parliament adopted the Cyber Resilience Act. The final version will be published in the coming weeks, signaling the start of the transition period. "Companies should immediately assess how the requirements of the CRA will affect their own products and how they can ensure full compliance as soon as possible. This will require adjustments to their own production and development processes, which are now more tangible based on the latest ite...
Los Angeles, May 07, 2024 – Gallant Capital Partners (“Gallant”), through an affiliate, has acquired Fime as well as the UL Solutions payments testing business (collectively, the “Company”), combining the technical capabilities and expertise of both businesses under the Fime brand. Stakeholders across payments, smart mobility and digital ID can now access the industry’s most complete set of consultancy and testing services via Fime, supporting financial inclusion and innovation while...
7 May 2024. RSA, San Francisco, and Aarhus, Denmark. Cryptomathic, a global leader in data security and encryption, and Utimaco, one of the most trusted names in global IT security, have strengthened their partnership to provide complete solutions in cryptographic key management, eSignatures and payments issuance and authorization. The enhanced partnership will deliver closer alignment between Cryptomathic’s industry-leading security software and Utimaco’s hardware security modules (HSM...
RSA Conference 2024 (Booth #5256) and AACHEN, Germany – May 7, 2024 – Utimaco, a leading global provider of IT security solutions, today announced its expanded Trust as a Service marketplace with new features and deployment options. The enhanced marketplace enables businesses to choose between on-premises or cloud-based options seamlessly in a single-pane view. Utimaco’s General Purpose Hardware Security Module (HSM) as a Service allows customers to reduce capital and labor costs without t...
Milan, 7th May 2024 – In a recent study conducted by Forrester on behalf of Fabrick titled, “Embrace Embedded Finance for Seamless Payment Success: A Spotlight on Europe," valuable insights were obtained regarding the state of Embedded Finance across Europe. The research, which spanned across the period of September 2023 to January 2024, surveyed 600 decision-makers to assess the landscape of Embedded Finance and the critical factors influencing the choice of payment/Embedded Finance solut...
(Tampa Bay, FL) May 07, 2024 - Five years ago, collaboration was "the new competitive edge." Now, across sectors, partnership is a prerequisite, and open innovation is essential to keeping pace in a rapidly changing world. There is a growing awareness of the possibilities of open innovation and recognition of its potential to achieve an organization’s most urgent and important goals. (1) In this lively discussion with Karla Jo Helms (KJ), host of the Disruption Interruption podcast, Senior Pri...
Visa Inc. and J.P. Morgan Payments Forge Strategic Collaboration to Revolutionize Faster Money Movement in the US through Visa Direct May 06, 2024 09:00 AM Eastern Daylight Time SAN FRANCISCO--(BUSINESS WIRE)--Visa Inc. (NYSE: V) and J.P. Morgan Payments today announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers, with the introduction of faster domestic payments in the US, through th...
Fullmoon Digital balances ecommerce, experiential marketing
FPC unveils comprehensive report on instant recurring payments
Yes Bank, Ebanx partner on cross-border commerce in India
Violations of Cyber Resilience Act could cost companies
Gallant acquires Fime, UL Solutions’ payments testing business
Cryptomathic, Utimaco enhance eSignatures, payments, key management
Utimaco HSM extends trust as a service cloud Marketplace
Fabric reports on embedded finance trends in Europe
