Philadelphia, Oct. 16, 2025—Responses to the Philadelphia Fed’s October Manufacturing Business Outlook Survey suggest that manufacturing activity in the region was mixed this month. The index for current general activity fell significantly and turned negative, the shipments index declined but remained positive, and the new orders index rose. The firms continued to report overall increases in employment, and both price indexes remain elevated. The survey’s future indicators suggest widespre...

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Hong Kong/Singapore – Oct 16, 2025 – HSBC, one of the world’s largest banking and financial services organizations, and Juspay, a leading payments infrastructure company, have announced a strategic partnership to launch a first-of-its-kind acquiring platform tailored to the needs of digital-first, global merchants. This full-stack solution reimagines how acquiring services are delivered at scale, combining HSBC’s global network with Juspay’s proven expertise in payments infrastructure....

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Wales —15 October, 2025—UATP, the global network enabling organisations to simplify payment processes and expand their payment capabilities, today announced a strategic partnership with Burbank, a pioneer in next-generation payments technology behind the world's first Card-Present over Internet (CPoI®) technology. Through this partnership, UATP will offer the CPoI® solution to airline merchants to securely process card-present transactions in online channels. Online merchants face signi...

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CENTER VALLEY, Pa.--(BUSINESS WIRE)--Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, has been named to the prestigious Fortune 100 Fastest-Growing Companies List® for 2025. The annual list, published by Fortune® magazine, recognizes companies with exceptional growth in revenue, profits, and stock performance over a three-year period. “This recognition from Fortune is a testament to the incredible trajectory we’re on and our ambitious goals moving forward,...

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RALEIGH, N.C.--(BUSINESS WIRE)--Circle K, a global leader in convenience and mobility, is making fleet payments faster and easier through a strategic partnership with Car IQ, a pioneer in vehicle-based payment technology. Together, they have launched Circle K Pro Digital+, an innovative payment solution that eliminates traditional fuel cards and expands payment capabilities beyond fuel to include tolls and other vehicle-related expenses across the U.S. Research shows fleets using vehicle-base...

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ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), the corporate payments company, today announced along with TPG, that they have completed the take-private transaction for AvidXchange Holdings, Inc., announced on May 6, 2025. Corpay invested approximately $550 million for a 34% equity stake in the company. “We expect the transaction to be slightly accretive to the fourth quarter of 2025, and accretive to Corpay earnings in 2026,” said Ron Clarke, Chairman and CEO of Corpay. “We’r...

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NEW YORK--(BUSINESS WIRE)--Toku, the leading platform for compliant stablecoin payroll, and Utila, the digital asset infrastructure and wallet platform, today announced a partnership to modernize how companies manage and move money globally, making stablecoin payroll and treasury operations seamless, compliant, and on-chain by design. The collaboration enables companies to manage payroll and treasury as one connected flow, calculating, funding, and executing payments directly through their ex...

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St. Petersburg, Fla. (Oct. 15, 2025) – Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today announced the release of its 2025 Eye on Payments study. Now in its eighth year, the annual report reveals how consumer payment preferences and behaviors are evolving in response to economic conditions, shifts in consumer spending patterns and the rapid rise of digital innovation. Today’s consumers have ...

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CHICAGO--(BUSINESS WIRE)--ProSight Financial Association today announced the launch of a significant industry initiative, the ProSight Fraud Alert Network, a new digital community and knowledge network designed to help financial institutions and direct-to-consumer fintechs combat fraud more effectively, efficiently, and collaboratively. Designed for frontline and strategic fraud professionals in the banking industry, the network empowers members with tools and knowledge to more efficiently resol...

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OVERLAND PARK, Kan.--(BUSINESS WIRE)--TreviPay, a fully managed B2B payments platform, today announced a partnership with Sonder, a leading global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, to launch its net terms program. The program Sonder Billing enables corporate travelers to pay for hotel services on 30-day net terms with consolidated, VAT-compliant invoicing, creating a seamless purchasing experience for business travel managers an...

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