Newswire Summaries
PNC Bank appoints Tim Ferriter as Head of Retail Product, Digital and Growth
Monday, May 18, 2026 16:44:55 (UTC)
PNC Bank Announces Tim Ferriter as Head of Retail Product, Digital and Growth PNC Logo Industry veteran to enhance PNC's focus on driving digital growth and seamless experiences PITTSBURGH, May 18, 2026 /PRNewswire/ -- PNC Bank today announced that it has hired Tim Ferriter as head of Product, Digital, and Growth within its Retail Bank. Ferriter brings deep expertise across digital platforms, product development, growth and AI. He will report to Alex Overstrom, Head of Retail B...
Shell Performance Elite World Mastercard rewards everyday spending beyond fuel
Monday, May 18, 2026 16:43:07 (UTC)
Shell Introduces Credit Card That Rewards Everyday Spending Beyond Fuel Shell Oil Company Logo (PRNewsfoto/Shell Oil Company) More than a fuel card: 4% back at Shell, rewards across all purchases1, and no annual fee2 HOUSTON, May 18, 2026 /PRNewswire/ -- Today, Equilon Enterprises LLC, dba Shell Oil Products US ("Shell") announced the launch of the Shell Performance Elite World Mastercard®, a new, no-annual-fee2 credit card that delivers rewards across fuel, dining, groceries,...
Achieve, Money.com find 1 in 3 Americans unable to make full monthly debt payments
Monday, May 18, 2026 16:41:20 (UTC)
1 in 3 Americans are unable to make full monthly debt payments, Achieve and Money.com survey finds New research finds direct link between rising debt and deteriorating mental and physical health among U.S. households SAN MATEO, Calif., May 18, 2026 /PRNewswire/ -- About 34% of U.S. consumers are currently unable to make the full monthly payment of their household debts, according to a new joint survey from digital financial services company Achieve and Money.com. The findings reveal a ...
AEON raises $8M led by YZi Labs to build agentic economy settlement layer
Monday, May 18, 2026 16:39:43 (UTC)
AEON Raises $8M Led by YZi Labs to Build the Settlement Layer for Agentic Economy HONG KONG, May 18, 2026 /PRNewswire/ -- AEON, the settlement layer built for the agentic economy, today announced it has successfully closed an $8 million pre-seed funding round. The round was led by YZi Labs, with participation from a robust group of leading investors, including IDG Capital, HashKey Capital, Stanford Blockchain Builders Fund, Oak Grove Ventures, SevenX Ventures, Alchemy Ventures, Draper...
Ingenico, Arrive to power seamless payments for on‑street parking, urban transport
Monday, May 18, 2026 16:36:37 (UTC)
Ingenico and Arrive Partner to Power Seamless Payments for On‑Street Parking and Urban Transport Worldwide A global partnership enabling reliable, unattended payments for on‑street parking and urban transport across more than 30 countries Ingenico’s Self Series payment terminals integrated with Arrive’s ARCHIPEL unattended payment gateway, designed for outdoor and solar‑powered urban environments Pilot programs planned for 2026, with phased global deployment anticipated from 202...
BLOXX, UK government building alternative to back UK's 1.5 million new homes ambition
Monday, May 18, 2026 16:32:51 (UTC)
BLOXX Working with the UK Government to build the Alternative to Help to Buy, Backing UK’s 1.5 Million New Homes Ambition Leeds, UK, Monday, 18th May - BLOXX, a global fintech, will be at UKREiiF to showcase how it has created a new, affordable homeownership option that does not require a mortgage or any government subsidy, while fundamentally rethinking how homes are funded in the UK. The fintech states that delivering 1.5 million new homes will require a new residential asset class and ...
Velera releases May edition of Velera Payments Index
Monday, May 18, 2026 16:28:07 (UTC)
St. Petersburg, Fla, May 18, 2026—Today, Velera – the nation’s premier payments CUSO and an integrated financial technology solutions provider – published the May edition of the Velera Payments Index, including a closer look at digital payments. Despite a sharp increase in gasoline prices, consumers kept spending in April, posting strong growth in debit and credit card transactions and purchases. As of May 11, the average price for a gallon of gasoline was $4.50 – 44% higher than...
PhotonPay completes its first live agentic payment together with Mastercard
Saturday, May 16, 2026 02:33:33 (UTC)
PhotonPay Completes its First Live Agentic Payment Together with Mastercard HONG KONG, May 14, 2026 /PRNewswire/ -- PhotonPay, a next-generation financial operating system, today announced a milestone in agentic transaction together with Mastercard, marking a significant step in the exploration of AI-driven financial infrastructure in Hong Kong. In a live operational demonstration, a PhotonPay tokenized card was securely provisioned for use by an AI agent, which autonomously in...
REPAY announces inducement award grants for Matt Morrow
Friday, May 15, 2026 19:01:29 (UTC)
May 14, 2026 4:30 PM Eastern Daylight Time REPAY Announces Inducement Award Grants for Matt Morrow ATLANTA--(BUSINESS WIRE)--Repay Holdings Corporation (NASDAQ: RPAY) ("REPAY" or the “Company”), a leading provider of vertically-integrated payment solutions, today announced inducement award grants to Matthew E. Morrow in connection with his appointment as REPAY’s Executive Vice President – Consumer Payments. REPAY agreed to grant Mr. Morrow equity awards with a total target...
Moon Inc. taps BitGo to scale bitcoin-powered card products across Asia
Friday, May 15, 2026 18:57:36 (UTC)
May 14, 2026 8:00 PM Eastern Daylight Time Moon Inc. Taps BitGo to Scale Bitcoin-Powered Card Products Across Asia NEW YORK & HONG KONG--(BUSINESS WIRE)--BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), the digital asset infrastructure company, today announced a strategic partnership with Moon Inc. (HKEX: 1723) (“Moon Inc.”), serving as the foundational infrastructure layer powering Moon Inc.'s bitcoin-linked consumer card products through BitGo Singapore Pte. Ltd., a Monetary Auth...
