Newswire Summaries
Direct Commerce appoints two fintech execs as President and Head of Sales
Thursday, May 08, 2025 16:17:55 (UTC)
Direct Commerce Appoints Fintech Executives as President and Head of Sales, Closes Follow On Growth Funding Share Joe Hyland and Jesse Henry join to deliver even greater value to enterprise customers and their supplier network original Direct Commerce President Joe Hyland. Direct Commerce President Joe Hyland. thumbnail Direct Commerce President Joe Hyland. thumbnail Direct Commerce Director of Sales and Go-To-Market Strategy Jesse Henry. thumbnail SAN FRANCISCO--(BUSINESS...
Lynx launches next-generation fraud prevention models
Thursday, May 08, 2025 16:07:28 (UTC)
New AI model significantly improves detection of fraud networks and Authorized Push Payment Fraud · Lynx unveils next-generation Daily Adaptive AI models, shifting from individual transaction analysis to detecting entire fraud networks. · The new technology has achieved a 460% uplift in money mule value detection and identifies up to 35% more Authorized Push Payment Fraud (APPF), while reducing false positives, according to internal testing. · Unlike tradi...
Founder-focused lender platform Juice secures £25 million in funding
Thursday, May 08, 2025 16:05:57 (UTC)
London, UK, May 8, 2025—Fintech alternative lending platform for digital founders, Juice, has announced today that it has raised £25 million in funding to support its aim to democratise finance by providing SME founders with capital and confidence to achieve growth ambitions. These investments came from family offices Aern Capital and Falco Capital, underpinned by a credit line from Paragon Bank. In the UK, there is currently a £22B funding gap for SMEs, with over 55% of companies moving ...
Okoora scores at 2025 Atlas Awards and Fintech Awards
Thursday, May 08, 2025 16:03:58 (UTC)
Zurich, Switzerland – May 7, 2025 – okoora, a company redefining global foreign exchange (FX) infrastructure, is proud to announce two key industry honors: a first-place win in the Fintech category at the Atlas Awards, which celebrates startups for their innovation, execution, and impact; and winner of the Best SaaS for Fintech category at the Fintech Awards. The Fintech Awards is a global competition recognizing outstanding SaaS solutions from companies of all sizes across regions including...
BookIt.com goes Live, delivering up to 70% in stablecoin-backed rewards
Wednesday, May 07, 2025 20:16:52 (UTC)
MIAMI, May 7, 2025 /PRNewswire/ -- Consumers frustrated by the limitations of traditional loyalty programs finally have a new option. BookIt.com, the new rewards-based travel, shopping, and experience "Super App" platform, is officially live. BookIt.com members access unprecedented value not just on hotels, cruises, and flights, but also on unforgettable experiences, plus premium and luxury products. BookIt.com puts the user in control, unlocking savings and rewards up to 70% via its universal r...
G+D's next-gen payment card sets new fraud prevention standard
Wednesday, May 07, 2025 20:13:53 (UTC)
Dulles, VA - (May 7, 2025) – G+D is introducing a solution for fraud prevention with its new Convego SecureCode payment card. This innovative card equips banks and financial institutions with a powerful tool to combat fraudulent transactions while enhancing security and user experience. Every day, thousands of cardholders discover suspicious charges on their statements – often the result of card-not-present (CNP) fraud. This type of credit card abuse involves criminals using stolen card...
EBANX launches UPI Autopay integration for cross-border payments in India
Wednesday, May 07, 2025 20:08:57 (UTC)
SINGAPORE, May 07, 2025 – India is rapidly emerging as one of the most important global markets, with its economy set to become the third-largest in the world by 2030, according to the IMF. To address this growing market, EBANX, a global technology company specializing in payment services for emerging markets, has integrated UPI Autopay — the recurring payments feature of India’s instant payments system, Unified Payments Interface (UPI) — into its cross-border payments platform. Operatin...
Caro FCU, Tyfone team up to enhance digital experience
Wednesday, May 07, 2025 20:07:01 (UTC)
May 7, 2025 8:52 AM Eastern Daylight Time Caro Federal Credit Union Partners with Tyfone to Enhance Digital Experience ~Credit union selects nFinia to enhance member and small business experience through added functionalities~ PORTLAND, Ore.--(BUSINESS WIRE)--Digital banking provider Tyfone today announced Caro Federal Credit Union (Caro FCU) selected the nFinia® Digital Banking Platform as its digital experience provider. Tyfone’s nFinia platform empowers our members and small busi...
Recurly acquires Redfast, Prive to accelerate subscription growth's future
Wednesday, May 07, 2025 20:03:24 (UTC)
May 7, 2025 9:00 AM Eastern Daylight Time Recurly Announces Strategic Acquisitions of Redfast and Prive to Accelerate the Future of Subscription Growth With the acquisitions of Redfast and Prive, Recurly delivers the only platform built to optimize every stage of the subscriber lifecycle – from ecommerce conversion to real-time engagement and retention. With the additions of Redfast and Prive, Recurly becomes the first and only subscription management suite to fully integrate billin...
Northern Tool + Equipment picks TreviPay for Pay by Invoice
Wednesday, May 07, 2025 19:58:36 (UTC)
May 7, 2025 8:00 AM Eastern Daylight Time Northern Tool + Equipment Selects TreviPay to Power Pay by Invoice Net Terms Program The Northern Tool Commercial Account program will offer U.S. business buyers 30-day net terms and automated invoicing for managing omnichannel B2B retail payments OVERLAND PARK, Kan.--(BUSINESS WIRE)--TreviPay, the most-trusted B2B payments and invoicing network, today announced its Pay by Invoice program with Northern Tool + Equipment, a major supplier of tools...
