Newswire Summaries
AI delivers $1.36 return for every $1 invested, study reveals
Wednesday, June 11, 2025 16:23:40 (UTC)
Charlotte, North Carolina, June 11th – Companies are realizing a 136% spike in return on investment (ROI) from AI in financial technology. Savings exceed $1.36m for every $1m invested over a three-year period, according to a global survey. Amid economic turbulence, fueled by tariffs and global trade disruptions, AI is being tied directly to enterprises’ financial performance. Trillions of dollars flow into AI investments as companies chase ROI hope. With the global AI market set to s...
Alkami wins 'Best New Community' in 2025 CMX Community Industry Awards
Wednesday, June 11, 2025 16:21:05 (UTC)
PLANO, Texas, June 11, 2025 -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it has been named the winner of the Best New Community award at the 2025 CMX Community Industry Awards, recently hosted at the CMX Summit 2025 in Redwood City, California. Now in its sixth year, the CMX Community Industry Awards celebrate the achievements of community professionals and teams acro...
Stax Payments appoints Kevin Wall as Chief Financial Officer
Wednesday, June 11, 2025 16:19:32 (UTC)
ORLANDO, Fla. – June 11, 2025 – Stax Payments, Inc. a leading payment technology provider, has appointed Kevin Wall as Chief Financial Officer. Wall's impressive track record includes over 15 years of successfully leading finance organizations at top payments companies while navigating complex financial structures and multi-channel sales and operations. With his wealth of experience in driving scaled businesses, including CFO of Paysafe Group's payments processing division and leadership rol...
Velera adds real-time, digital account validation
Wednesday, June 11, 2025 16:17:24 (UTC)
St. Petersburg, Fla. (June 11, 2025) – Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, announced today it has added an account validation function to its suite of online, digital and mobile channels, enabling Velera credit unions to process payments across the ACH network in real time. The tool, which meets all Nacha Operating and WEB Debit rules, will allow Velera credit unions to verify account ...
Matera, Circle join forces to integrate stablecoins with core banking systems
Wednesday, June 11, 2025 16:15:05 (UTC)
Philadelphia - June 11, 2025— In a move to accelerate the adoption of stablecoins as a mainstream payment method, Matera, a leading technology provider for the financial system, announces a commercial partnership with Circle, the global issuer of USDC through its regulated affiliates, a dollar-backed stablecoin. This alliance marks the region’s first native integration between a real-time banking infrastructure and a fully-reserved, transparent stablecoin, positioning Matera’s Digital Twin...
Loqbox on Deloitte’s EMEA Technology Fast 500 for second year running
Wednesday, June 11, 2025 16:13:15 (UTC)
Bristol, UK. 11th June 2025: Loqbox, the UK’s leading credit-building business, has been recognised for the second year running in the Deloitte EMEA Technology Fast 500 – the annual ranking of the fastest-growing and most innovative tech companies across Europe, the Middle East and Africa. Deloitte’s EMEA Technology Fast 500 spotlights the businesses driving transformation in industries such as fintech, AI, cleantech, and healthtech. With over one million members, Loqbox’s return t...
Report: 6 ways travel businesses can stop summer chargeback losses
Wednesday, June 11, 2025 16:11:59 (UTC)
LONDON, United Kingdom — As millions of travellers prepare to take flight this summer, Chargebacks911, a global leader in dispute resolution and chargeback prevention, is issuing a critical warning to travel and hospitality providers: with peak travel demand comes peak travel risk. 2024’s peak travel season shattered records. Approximately 1.4 billion international tourist arrivals were recorded in 2024, marking an 11% increase compared to 2023 and a 99% recovery of pre‑pandemic leve...
TreviPay welcomes Matt Dewell as Chief Information Security Officer
Wednesday, June 11, 2025 16:06:12 (UTC)
OVERLAND PARK, Kan., June 10, 2025 – TreviPay, the most-trusted B2B payments and invoicing network, is pleased to announce the appointment of Matt Dewell as its new Chief Information Security Officer (CISO). As a key member of TreviPay’s leadership team, Dewell will collaborate closely with internal stakeholders, aligning security requirements with the organization’s business needs. “Trust and protection remain at the foundation of everything we do at TreviPay,” said Dan Zimmerm...
Raisin becomes first fintech to integrate with Kotapay’s Kavinu™ platform
Wednesday, June 11, 2025 16:04:58 (UTC)
June 10, 2025 8:00 AM Eastern Daylight Time First International Bank & Trust (FIBT) Named Service Bank for Raisin as Global Fintech Becomes First to Integrate with Kotapay’s Kavinu™ Platform FARGO, N.D.--(BUSINESS WIRE)--Kotapay, a division of First International Bank & Trust (FIBT), today announced Raisin, the global savings and investment platform, as the first financial technology company to integrate with its new bank-direct banking as a service (BaaS) platform, known as Kavinu. Th...
AU10TIX launches AnyDoc Authentication non-ID doc authentication
Wednesday, June 11, 2025 02:23:55 (UTC)
NEW YORK, June 10, 2025 /PRNewswire/ -- AU10TIX, a global leader in identity verification and fraud prevention, is enhancing its product suite with the launch of AnyDoc Authentication — a powerful capability that exposes forged, tampered, or synthetic non-ID documents that may bypass traditional identity verification methods. AnyDoc harnesses advanced AI, forensic forgery detection, and metadata analysis to empower businesses to instantly detect document fraud, maintain regulatory compliance, ...
