Newswire Summaries
Obita secures $10+ M for stablecoin-powered cross-border payment infrastructure
Tuesday, September 02, 2025 16:35:39 (UTC)
HONG KONG, Aug. 31, 2025 /PRNewswire/ -- Obita, an enterprise-level cross-border payment and digital financial network, announced the completion of its angel round financing exceeding US$10 million. The round was co-led by Vision Plus Capital and Mirana Ventures, with participation from Legend Capital, HashKey Capital, Web3.com Ventures, and other prominent institutions and individual investors. The funds will be allocated to system R&D, compliance infrastructure development, and global market e...
Payment tokenization market to reach $4.3 billion by 2031
Tuesday, September 02, 2025 16:33:43 (UTC)
BANGALORE, India, Sept. 1, 2025 /PRNewswire/ -- What is the market size of Payment tokenization? The global market for Payment Tokenization was valued at USD 1726 Million in the year 2024 and is projected to reach a revised size of USD 4332 Million by 2031, growing at a CAGR of 14.2% during the forecast period. How the payment tokenization market growth benefits you? As a decision-maker in your industry, whether you're in finance, healthcare, retail, government, or technology, embra...
Thunes, Ripple expand partnership to transform cross-border payments
Tuesday, September 02, 2025 16:30:32 (UTC)
SAN FRANCISCO and SINGAPORE, Sept. 2, 2025 /PRNewswire/ -- Thunes, the Smart Superhighway to move money around the world, and Ripple, the leading provider of digital asset infrastructure for financial institutions, have announced an expanded partnership to transform cross-border payments globally. Building on their successful collaboration established in 2020, the partnership will improve the customer payout experience, further streamline global money movement and broaden payout reach across key...
TipMee.app launches: A smarter way to reward service excellence
Tuesday, September 02, 2025 16:25:48 (UTC)
HONG KONG, Sept. 2, 2025 /PRNewswire/ -- The launch of TipMee.app introduces a simple, cashless way for customers to reward outstanding service while giving businesses real-time insight into employee performance. Built for hospitality, retail, and service industries worldwide, TipMee makes recognition effortless and measurable. Front line insights instantly Front line insights instantly With QR codes, NFC, or optional facial recognition, customers can tip and acknowledge staff in seconds - ...
InsurePay appoints Pat Davis as Chief Executive Officer
Tuesday, September 02, 2025 16:22:54 (UTC)
BUFFALO, N.Y., Sept. 2, 2025 /PRNewswire/ -- InsurePay, a leading provider of insurance payment solutions and Pay-As-You-Go (PayGo) billing technology, today announced the appointment of Pat Davis as Chief Executive Officer. This leadership transition marks a pivotal moment for InsurePay as the company accelerates innovation in insurance payments and strengthens its position as the leader in PayGo billing solutions. This announcement is underscored by investor confidence in the company's mission...
MoonPay expands payment options with Interac e-Transfer® in Canada
Tuesday, September 02, 2025 16:20:17 (UTC)
NEW YORK, Sept. 2, 2025 /PRNewswire/ -- MoonPay, the global leader in crypto payments, has announced the launch of Interac e-Transfer® as a new payment method for Canadian customers, making it easier than ever to buy digital assets using one of Canada's most trusted payment networks. With Interac e-Transfer, MoonPay users in Canada can now seamlessly fund transactions in Canadian dollars directly from their bank accounts, providing a secure, fast, and familiar checkout experience. "Canada...
NICB projects 49% rise in insurance fraud linked to ID theft in 2025
Tuesday, September 02, 2025 16:19:13 (UTC)
OAK BROOK, Ill., Sept. 2, 2025 /PRNewswire/ -- Use of identity theft in insurance crime is expected to rise 49% by the end of 2025, according to the National Insurance Crime Bureau (NICB), the nation's leading non-profit association dedicated to preventing insurance fraud and crime. An analysis of thousands of questionable insurance claims that were submitted by policyholders to their insurance companies from 2022 through June 30, 2025, revealed a significant year-over-year increase in claims...
Fintech-as-a-service market worth $906.14 billion by 2030
Tuesday, September 02, 2025 16:17:27 (UTC)
DELRAY BEACH, Fla., Sept. 2, 2025 /PRNewswire/ -- According to MarketsandMarkets™, the global Fintech as a Service Market will grow from USD 470.94 billion in 2025 to USD 906.14 billion by 2030 at a compounded annual growth rate (CAGR) of 14.0% during the forecast period. Browse 550 market data Tables and 70 Figures spread through 350 Pages and in-depth TOC on "Fintech as a Service Market - Global Forecast to 2030" Scope of the Report Market Size Available for Years: 2020–2030 2025...
Velera study finds Gen Z redefining future of financial services
Tuesday, September 02, 2025 16:07:24 (UTC)
St. Petersburg, Fla. (Sept. 2, 2025) – Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, has announced the release of its fifth annual CU Growth Outlook. This year’s study reveals how Generation Z – the first fully digital-native generation – is accelerating profound shifts in consumer behavior and financial services expectations. According to the study, Gen Z – those born between 1997 and 2...
Chargebacks911 finds 'convenience paradox' driving repeat transaction disputes
Tuesday, September 02, 2025 16:02:10 (UTC)
LONDON, United Kingdom — Chargebacks911, a global leader in dispute resolution and chargeback prevention, has unveiled a surprising twist in consumer payment behaviour: the better the dispute experience with a bank, the more likely customers are to file another dispute in the future. The 2025 Cardholder Dispute Index, based on responses from over 1,200 cardholders in the U.S. and U.K., found that 87% of respondents were satisfied or very satisfied with their bank’s dispute resolution proc...
