Newswire Summaries
78% of financial firms unprepared for new UK payment safeguarding rules
Monday, December 01, 2025 19:29:56 (UTC)
London, UK. 1st December 2025: With just six months until new UK payment safeguarding regulations take effect, more than three-quarters of financial firms remain in the early stages of preparation – or have yet to begin at all. From 8th May 2026, payment and e-money institutions must comply with the Financial Conduct Authority’s (FCA) updated safeguarding rules, marking a significant shift from guidance to enforceable regulation. The new regime demands stricter operational standards and ...
DECTA, actuary.aero to drive smart risk management through data intelligence
Monday, December 01, 2025 18:36:10 (UTC)
London, UK – 28th November 2025 - DECTA, a global payment processing company, and actuary.aero, a pioneer in payment data intelligence for the travel industry, are strengthening their long-standing collaboration to enhance risk management and drive growth across the travel sector. Through actuary.aero-powered MPEI platform, DECTA gains comprehensive visibility into the true risk exposure of deferred delivery transactions – an area that has long been challenging for acquirers. This impro...
Beyond by RS2, Mediengruppe Deutschland launch digital fan ecosystem
Monday, December 01, 2025 18:30:41 (UTC)
FRANKFURT | BERLIN | NURNBERG, Germany - November 27, 2025 - Beyond by RS2, the innovation brand of RS2 Financial Services GmbH, and multidisciplinary agency network Mediengruppe Deutschland have partnered with the Nürnberg Ice Tigers to launch a new digital fan ecosystem - a connected platform that combines payments, loyalty rewards, exclusive club content, and fan engagement tools in one place. The initiative is anchored by Ice Tigers co-branded Visa credit and debit cards, powered by the Bey...
Pubali Bank to employ SmartVista card management platform
Monday, December 01, 2025 18:26:24 (UTC)
Pubali Bank set to advance Bangladesh’s digital payments and financial inclusion with SmartVista card management platform Dhaka, Bangladesh November, 2025 — Pubali Bank PLC, the largest private commercial bank in Bangladesh, has signed an agreement with BPC, global payments solutions provider, to migrate from its legacy stack to the next-generation SmartVista Card Management System as part of a strategic programme to enhance its digital footprint and modernise banking operations. With ...
Consumer fears spike as AI-driven mobile fraud threatens holiday shopping season
Wednesday, November 26, 2025 17:47:40 (UTC)
REDWOOD CITY, Calif., Nov. 25, 2025 /PRNewswire/ -- As U.S. consumers head into the busiest mobile shopping window of the year, new data from Appdome's fifth annual Consumer Expectations of Mobile App Security Report shows that synthetic fraud, identity theft, and AI-driven scams are now the top reasons Americans abandon mobile apps during Black Friday and the holiday season. With AI-driven mobile fraud rising sharply, consumers are increasingly worried that holiday shopping apps cannot protect ...
Checkbook, LianLian Global form strategic partnership for cross-border payments
Wednesday, November 26, 2025 17:45:29 (UTC)
SAN MATEO, Calif. and NEW YORK, Nov. 25, 2025 /PRNewswire/ -- Checkbook, a leading provider of modern digital payment solutions, today announced a strategic partnership with LL Pay U.S., LLC (d/b/a LianLian Global), a core cross-border payment affiliate of Lianlian DigiTech (Stock Code: 2598.HK), to streamline international payments for platforms, merchants, students, and travel agencies worldwide. LianLian Global has built a reputation as a trusted payment service provider for Asia merch...
Fractus expands licensing program into point-of-sale (POS) vertical
Wednesday, November 26, 2025 17:43:45 (UTC)
BARCELONA, Spain, Nov. 26, 2025 /PRNewswire/ -- Fractus, a pioneer in antenna technology and intellectual property (IP) licensing, today announced a new licensing agreement with one of the top five Point-of-Sale (POS) providers in the US. The agreement marks an important milestone that broadens Fractus' cross-industry reach and further recognizes the vital role that its technology plays in a broad range of connected devices. Fractus enables compact, reliable wireless devices through decades o...
Remittance market worth $341 billion by 2030 as MEA lead growth
Wednesday, November 26, 2025 17:42:07 (UTC)
HYDERABAD, India, Nov. 26, 2025 /PRNewswire/ -- Mordor Intelligence's latest report reveals that the global remittance market is valued at USD 188.93 billion in 2025 and is projected to reach USD 341.76 billion by 2030, growing at a CAGR of 12.58%. Market growth is primarily driven by cross-border digital transfers, expanding mobile money ecosystems, and rising global migration, with lower transaction fees from fintech players accelerating formal remittance flows, particularly in emerging market...
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...
