Newswire Summaries
UK needs regulatory clarity, trusted infrastructure to unlock cross-border payments
Thursday, November 06, 2025 17:09:53 (UTC)
London, UK – Thursday, 6th November 2025: A report developed by The Payments Association Cross Border Working Group in partnership with Payall has examined the persistent frictions in the global cross-border payments market, which reached nearly $1 quadrillion in 2024. It also assesses examples of new technologies and partnerships in the market that are building a faster, more inclusive, and more resilient global payments ecosystem. The paper, “Navigating the next wave of cross border pa...
Butter Payments names Sonali Sambhus as Chief Technology Officer
Wednesday, November 05, 2025 18:49:53 (UTC)
Nov. 5, 2025—SAN FRANCISCO--(BUSINESS WIRE)--Butter Payments, the most intelligent machine learning-powered payments recovery platform, today announced that it has strengthened its senior leadership team with the appointment of Sonali Sambhus as Chief Technology Officer (CTO). The appointment follows the recent additions of Sofya Pogreb as Chief Executive Officer and Charles Rosenblatt as Chief Commercial Officer. These leadership hires underscore Butter’s ongoing momentum and investment ...
Ripple announces $500M strategic investment led by Fortress, Citadel Securities
Wednesday, November 05, 2025 18:48:38 (UTC)
Nov. 5, 2025—SAN FRANCISCO--(BUSINESS WIRE)--Ripple, the leading financial technology company that offers crypto solutions for businesses, today announced a $500 million strategic investment at a $40 billion valuation from world-class institutional investors led by funds managed by affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. The investment follows Ripple’s strongest year to date and its recent $...
U.S. Bank launches Split™ World Mastercard®
Wednesday, November 05, 2025 18:47:06 (UTC)
Nov. 5, 2025—MINNEAPOLIS--(BUSINESS WIRE)--Today, U.S. Bank [NYSE: USB] announced a new kind of credit card that enables automatic no-fee, no interest equal monthly payments on all purchases: the U.S. Bank Split™ World Mastercard®. Split Card meets the diverse needs of today’s consumers who are seeking easy and transparent ways to fund purchases of all sizes - Share Split Card introduces a new alternative to traditional Buy Now, Pay Later options – a single solution to manage mult...
VGS offers 3DS via single API to reduce fraud, lift online payment approval rates
Wednesday, November 05, 2025 18:44:57 (UTC)
Nov. 5, 2025—SAN FRANCISCO--(BUSINESS WIRE)--VGS, the world’s leader in tokenization and a leading card management platform, is excited to announce its offering of 3D Secure (3DS) in a single API integration. VGS’s 3DS capabilities enable card networks and issuing banks to authenticate shoppers in real-time, helping merchants reduce fraud, minimize chargebacks, and increase authorization rates while preserving a fast, low-friction checkout experience. “3DS is a natural extension of th...
TRUSTECH 2025 coming to Paris, December 2 – 4
Wednesday, November 05, 2025 17:37:51 (UTC)
Pordenone, Italy, Nov. 5, 2025—From December 2 to 4, TRUSTECH is bringing world leaders in payments, identification and security together for three days in Paris, in a jam-packed line-up of talks and showcases to shine a light on the tech and uses shaping the future of digital trust. For another year running, innovation forms the cornerstone of the trade show’s spirit, with innovative payment and identification solutions lying at the heart of conversations. INNOVATIVE PAYMENTS: HERALDING ...
AI agents set to transform how Americans shop, $261B online spend predicted
Wednesday, November 05, 2025 17:31:11 (UTC)
44% of Americans say they would let an AI assistant browse for them – rising to 59% among 18–34 63% of respondents want help finding the lowest prices; 44% say they want help choosing top-rated brands Only 6% say they would hand over complete control to an AI – most still want to review purchases first Cincinnati and London, UK, November 5, 2025. As Americans gear up for Black Friday, new research from Worldpay®, a global leader in payment technology, reveals many are ready to let ...
The one thing 56% of businesses say is holding back their expansion
Wednesday, November 05, 2025 17:27:04 (UTC)
CHARLOTTE, N.C., Nov. 5, 2025 /PRNewswire/ -- Over half (56%) of companies are unable to expand overseas due to missed invoicing or tax compliance deadlines, new data reveals. Increasing financial regulatory demands combined with fragmented internal systems are creating a 'compliance breaking point,' preventing businesses from reaching their full global potential. More than one-third (36%) of companies have incurred fines by submitting incorrect tax audits, highlighting how widespread tax ...
RS2 reveals how banks can thrive in era of embedded B2B finance
Wednesday, November 05, 2025 17:21:18 (UTC)
Frankfurt, Germany – November 5th, 2025 – Global payments processor and technology provider, RS2, has today announced the release of its latest whitepaper, The Rise of B2B Marketplaces and What It Means for Banks. The paper reveals that nearly half of global B2B turnover will move through online marketplaces by 2030, signalling a fundamental shift in how businesses buy, sell, and pay. The report explains that as digital procurement accelerates worldwide, B2B marketplaces are becoming t...
PXP: Retailers must balance AI innovation with human connection
Wednesday, November 05, 2025 17:09:03 (UTC)
PXP Study Shows UK Shoppers Value Both Convenience and Personal Touch 5 November 2025: AI has moved from pilot projects to the shop floor, reshaping marketing, inventory, service and more across retail. Yet while adoption is accelerating behind the scenes, new research shows many consumers are cautious, even resistant. The question for retailers: how do you balance innovation with trust? To answer that, PXP, the omnichannel global payment platform, has launched a new report: Retail i...