Newswire Summaries
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...
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...