Newswire Summaries
Nearly 2 in 5 Americans expect to rely on credit as inflation hits 3.7%
Tuesday, October 20, 2026 17:27:26 (UTC)
Oct 20, 2026 9:00 AM Eastern Daylight Time Nearly 2 in 5 Americans Expect to Rely on Credit to Manage Expenses as Inflation Hits 3.7%, NerdWallet’s Consumer Financial Resilience Index Finds Parents and younger adults are among the most likely to rely on credit this month, and another Fed rate hike anticipated before year-end could raise borrowing costs SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet Inc. (Nasdaq: NRDS), which provides trustworthy financial guidance to consumers and sma...
FIDO Alliance moves to accelerate digital credentials adoption at scale
Tuesday, October 20, 2026 17:24:43 (UTC)
Oct 20, 2026 9:00 AM Eastern Daylight Time FIDO Alliance Moves to Accelerate Digital Credentials Adoption at Scale Alliance unveils public key working documents for digital wallets and launches industry engagement forum at the annual Authenticate conference CARLSBAD, Calif.--(BUSINESS WIRE)--The FIDO Alliance today announced it will make key working documents from its digital wallet certification work publicly available. It also launched an External Advisory Forum that gives issuers...
Same Day ACH growth propels ACH Network forward in third quarter 2026
Tuesday, October 20, 2026 17:22:15 (UTC)
Oct 20, 2026 9:05 AM Eastern Daylight Time Same Day ACH Growth Propels the ACH Network Forward in Third Quarter of 2026 RESTON, Va.--(BUSINESS WIRE)--Same Day ACH growth of nearly 37% in volume and 32% in value were among the factors behind the strong third quarter 2026 performance of the modern ACH Network. “Both the number of Same Day ACH payments, and the value of those payments, show the significant role that Same Day ACH plays in helping to meet the nation’s faster payment ...
Mercury launches AI-native payroll
Tuesday, October 20, 2026 17:20:35 (UTC)
Oct 20, 2026 11:00 AM Eastern Daylight Time Mercury Launches AI-Native Payroll Pay your team where you do the rest of your banking,* with AI automations that do the grunt work for you SAN FRANCISCO--(BUSINESS WIRE)--Mercury, the technology company providing radically different banking* for over 450,000 customers, today launched Mercury Payroll,** bringing payroll directly into the Mercury experience. Mercury Payroll lets founders pay employees and contractors and offer benefits fr...
Boost Payment Solutions expands global B2B payments capabilities with Airwallex
Tuesday, October 20, 2026 17:17:58 (UTC)
Boost Payment Solutions Expands Global B2B Payments Capabilities with Airwallex Boost’s payment volume processed through Airwallex grew nearly 10x in five months as commercial partnership streamlines supplier onboarding, improves payment performance and helps lower processing costs NEW YORK — October 20, 2026 —Boost Payment Solutions, a global leader in B2B payments, today announced a commercial partnership with Airwallex, the AI native financial operating system for modern busin...
SoFi Tech Solutions' latest index reflects more spending on higher prices
Tuesday, October 20, 2026 17:16:03 (UTC)
SoFi Tech Solutions’ Q3 Debit Spend Index Reflects More Spending on Higher Prices Debit spending increased 7.4% from Q2 and grew in every tracked category as people absorbed higher prices on utilities and other essentials, while still finding room for experiences SALT LAKE CITY--As prices on many goods and services continued to climb, people kept spending through the end of summer, according to the Q3 2026 SoFi Tech Solutions Debit Spend Index. Debit spend rose 7.4% and transactions...
CashStar and Coupons.com Founder Steven Boal joins pmtbox board
Tuesday, October 20, 2026 17:11:41 (UTC)
CashStar and Coupons.com Founder Steven Boal Joins pmtbox Board as Payments Platform Moves Further into the Enterprise Coupons.com and CashStar founder brings experience taking a company public and leading another to acquisition to the enterprise commerce platform OREM, Utah — October 19, 2026 — pmtbox, the enterprise commerce platform that unifies payments, risk and data for merchants, today announced that Steven Boal has joined its board of directors. Boal founded Quotient Techno...
Rawbank chooses SBS digital banking to accelerate digital services in Central Africa
Tuesday, October 20, 2026 17:07:26 (UTC)
Rawbank chooses SBS Digital Banking Suite to Accelerate its Digital Services in Central Africa Paris, October 20th — As part of its digital transformation strategy, Rawbank, which already relies on SBS Core Amplitude, a modular and secure core banking solution that enables financial institutions to manage all their operations on a unified, scalable foundation, is taking a new strategic step by adopting the SBS Digital Banking Suite to accelerate the rollout of its digital banking services t...
Merrick Bank, Happy Money launch $500 million lending program
Tuesday, October 20, 2026 17:03:38 (UTC)
Merrick Bank and Happy Money Launch $500 Million Lending Program Partnership expands Happy Money’s capacity and further diversifies company’s funding base TORRANCE, Calif., Oct. 20, 2026 – Happy Money, a consumer finance company dedicated to empowering people to achieve their goals, today announced a new lending program with Merrick Bank that will provide up to $500 million in funding through 2027. This partnership adds to Happy Money's capital partner network and supports the comp...
51% of new online spend in emerging markets will come from consumers 45+
Tuesday, October 20, 2026 16:51:19 (UTC)
51% of new online spending in emerging markets will come from consumers 45+, WDL and EBANX report New study on global e-commerce shows that emerging markets will account for 60% of new online spending over the next decade, led by an aging, more affluent population that increasingly relies on local payment methods CURITIBA, BRAZIL, October 20, 2026 – Long fueled by younger, mobile-first consumers, e-commerce in emerging markets is entering a demographic transition that will reshape it...
