Newswire Summaries
The Licel vTEE earns second consecutive EMVCo security approval for iOS
Wednesday, November 26, 2025 17:39:15 (UTC)
Respected certification reinforces Licel's commitment to providing a secure, reliable foundation for the next generation of mobile payment and digital identity solutions. LONDON, Nov. 26, 2025 /PRNewswire/ -- Licel, a leading provider of mobile application protection, has successfully renewed its EMVCo Security Evaluation and Approval for the Licel vTEE (Virtual Trusted Execution Environment) on iOS under the Software-Based Mobile Payment (SBMP) TEE program. The Licel vTEE functions as a ...
Truist hires Lo Li to lead consumer, SMB banking technology, data, operations
Wednesday, November 26, 2025 17:37:52 (UTC)
CHARLOTTE, N.C., Nov. 26, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced Lo Li as chief divisional technology, data and operations officer for Consumer and Small Business Banking. Lo will further Truist's commitment to innovation and client excellence within Consumer and Small Business Banking by leading the strategic direction and execution of its critical technology, data and operations initiatives. She'll take on her new role Dec.1 and report to Truist Chief Inf...
Clip debuts Clip Pin Pad fixed terminal for high-volume counter sales, self-service units
Wednesday, November 26, 2025 17:36:20 (UTC)
MEXICO CITY, Nov. 26, 2025 /PRNewswire/ -- Clip, Mexico's leading digital commerce platform, announced the launch of Clip Pin Pad, a new fixed terminal designed for counter sales for medium and large companies that already have their own point-of-sale (POS) system. This launch is part of Clip Empresas, a segment dedicated to medium and large businesses, where Clip offers consulting services, specialized support, and solutions for businesses with high transaction volumes, such as retail chains...
Smarter POS, faster payments can help merchants win during holidays
Wednesday, November 26, 2025 17:24:42 (UTC)
60% of hospitality businesses say speed is their key reason for investing in smarter POS systems 1 in 10 UK shoppers have used POS finance to spread the cost of higher-value purchases, Lloyds research shows Shoppers are choosing retailers that offer faster, more trusted checkout experiences London, UK. 12 November 2025: 60% of hospitality businesses say speed is their key reason for investing in smarter point-of-sale (POS) systems ahead of the 2025 holiday shopping season, according...
Klarna launches KlarnaUSD as stablecoin transactions hit $27T annually
Tuesday, November 25, 2025 17:12:52 (UTC)
Nov 25, 2025 8:00 AM Eastern Standard Time Klarna Launches KlarnaUSD as Stablecoin Transactions Hit $27 Trillion Annually NEW YORK--(BUSINESS WIRE)--Regulatory News: Klarna, the global digital bank and flexible payments provider, has launched KlarnaUSD, its first stablecoin and a significant shift for a company whose CEO was once a vocal crypto skeptic. The move comes as McKinsey estimates stablecoin transactions now top $27 trillion a year — and could overtake legacy payment networ...
Monex Canada expands Monex Pay with new mass payments capability
Tuesday, November 25, 2025 17:11:12 (UTC)
Nov 25, 2025 8:00 AM Eastern Standard Time Monex Canada Expands Monex Pay with New Mass Payments Capability New functionality enables high-volume, multi-currency payouts with automated FX, enhanced controls, and bulk payment infrastructure TORONTO--(BUSINESS WIRE)--Monex Canada Inc. (“Monex Canada”), a subsidiary of the wider financial services group Monex S.A.P.I. de C.V. (“Monex”), an investment-grade global financial institution and a leader in commercial foreign exchange, toda...
ATB Financial, Nmbr partner to automate payroll for Alberta’s small businesses
Tuesday, November 25, 2025 17:09:39 (UTC)
Nov 25, 2025 8:00 AM Eastern Standard Time ATB Financial and Nmbr Announce First-of-Its-Kind Partnership to Automate Payroll for Alberta’s Small Businesses EDMONTON, Alberta--(BUSINESS WIRE)--ATB Financial (‘ATB’), the leading Alberta-based financial institution with over $100 billion in total assets and assets under management, has partnered with Nmbr, Canada’s first dedicated embedded payroll software provider, to launch ATB Payroll. The collaboration marks the first time a fin...
Entrust named in 2025 Gartner Magic Quadrant for Access Management
Tuesday, November 25, 2025 17:07:22 (UTC)
Nov 25, 2025 8:51 AM Eastern Standard Time Entrust Named in the 2025 Gartner® Magic Quadrant™ for Access Management Evaluation based on ‘Completeness of Vision’ and ‘Ability to Execute’. Entrust enhances identity and access management with AI-driven biometrics, passkey support, and certificate-based authentication to combat phishing and MFA bypass. Also named a Leader in the 2025 IDC MarketScape for Worldwide Identity Verification in Financial Services. MINNEAPOLIS--(...
NMI: Despite tight holiday budgets, Millennial parents will pay more for convenience
Tuesday, November 25, 2025 17:05:08 (UTC)
Nov 25, 2025 9:00 AM Eastern Standard Time NMI Research: 63% of Millennial Parents Say Holiday Shopping Budgets are Tighter This Year, and Yet Three-Quarters are Willing to Pay More for Convenience Over a quarter of Millennial parents (27%) will spend over $500 per child, yet over half (51%) say long lines in-store cause them to walk away without completing their purchase original NMI study identifies three Millennial parent holiday shopping personas: Efficiency Elves, Holiday Hustlers and...
Kraken expands Krak offering to challenge legacy finance, neobanks
Tuesday, November 25, 2025 16:59:26 (UTC)
Nov 25, 2025 9:00 AM Eastern Standard Time With multi-asset transactions via debit cards, competitive 1% cash back rewards, salary deposits, and expanded wealth tools, Krak provides customers with the tools to leave their bank behind and go all-in on crypto LONDON & DUBLIN--(BUSINESS WIRE)--Kraken, one of the world’s longest-standing, most secure and most liquid crypto platforms, today announced the phased rollout of the Krak Card with 1% cash back rewards on all purchases, alongside...
