Newswire Summaries
Global fintech revenues surpass half a trillion dollars, growing faster than traditional banks
Monday, June 01, 2026 16:52:49 (UTC)
Global Fintech Revenues Surpass Half a Trillion Dollars, Growing Four Times Faster Than Traditional Banks Boston Consulting Group and FT Partners' Global Fintech Report 2026 Finds Sector in Full Resurgence, with $504 Billion in Revenues and 22% Growth 74% of Largest Public Fintechs Now Profitable; EBITDA Margins Up 400 Basis Points Equity Funding Jumps 53% to $58 Billion; Fintechs Out-Acquire Banks in M&A for First Time on Record Regulatory Gap Between Banks and Fintechs N...
Persistent to expand in Eastern Europe to advance AI-led platform transformation
Monday, June 01, 2026 16:50:46 (UTC)
Persistent to Expand Eastern European Presence to Advance AI-Led Platform Transformation European nearshore delivery capabilities to support the next generation of AI-enabled enterprise operations TALLINN, Estonia and PUNE, India, June 1, 2026 /PRNewswire/ -- Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, today announced the signing of an agreement to expand its Eastern European presence through the integration of a ...
Trolley taps Thunes to enable instant global payouts for rreelancers, creators
Monday, June 01, 2026 16:49:06 (UTC)
Trolley Taps Thunes to Enable Instant Global Payouts for Freelancers and Creators The global payout platform integrates Thunes' Direct Global Network to help businesses pay international workers instantly via local wallets and bank accounts SINGAPORE, June 1, 2026 /PRNewswire/ -- Thunes, the Smart Superhighway to move money around the world, today announced that Trolley, a leading global payout platform for the creator economy headquartered in Canada, has selected Thunes to power...
Introducing Flute: Payments built for the everyday economy
Monday, June 01, 2026 16:47:06 (UTC)
Introducing Flute: Payments Built for the Everyday Economy The new brand and unified platform follow multi-year investment in product, engineering and leadership TEMPE, Ariz., June 1, 2026 /PRNewswire/ -- Aurora Payments today announced its rebrand as Flute, alongside the launch of a unified payments platform built for the growing businesses that power the everyday economy. Flute brings payments, working capital, transaction reporting and merchant servicing into a single account for th...
Finastra's new analytics tool helps lenders turn more applicants into borrowers
Monday, June 01, 2026 16:44:02 (UTC)
Finastra Helps Lenders Turn More Applicants Into Borrowers with New Analytics Tool Data Insights 2.0 delivers clear, actionable insights to reduce application abandonment and improve conversion for banks and credit unions ATLANTA – June 1, 2026 – Finastra today announced the launch of Data Insights 2.0, a powerful analytics solution designed to help mortgage lenders convert more applications into funded loans by turning complex data into decision-ready insights. Available for Origi...
Nayax launched new product discovery, personalization capabilities for retailer
Monday, June 01, 2026 16:34:36 (UTC)
Nayax Launches AI-Powered Product Discovery for Retailers Retailers can now deliver a unified, intelligent, and personalized shopping experience across online and in-store channels HERZLIYA, Israel, June 01, 2026 (GLOBE NEWSWIRE) -- Nayax Ltd. (NASDAQ: NYAX, TASE: NYAX), a global commerce enablement, payments, and loyalty platform, today launched new product discovery and personalization capabilities for retailers, powered by a proprietary AI engine Nayax acquired and developed in-hous...
Paysafe research: Crypto payments to transform US online sports-betting
Monday, June 01, 2026 16:03:07 (UTC)
Paysafe research: Crypto payments to transform US online sports-betting Four out of five bettors have appetite for crypto deposits, with digital asset transactions a likely game-changer for sportsbooks’ customer conversion and retention June 1st, 2026. Jacksonville – 83% of U.S. bettors are keen to use cryptocurrency to fund wagers with online sportsbooks, when permitted, according to research issued today by leading payments platform Paysafe (NYSE: PSFE). The company’s All the ...
AI-powered virtual assistants struggle with complex tasks in bank, CC apps, websites
Friday, May 29, 2026 21:38:56 (UTC)
AI-POWERED VIRTUAL ASSISTANTS STRUGGLE WITH COMPLEX TASKS IN BANK AND CREDIT CARD APPS AND WEBSITES, JD POWER FINDS Bank and Credit Card Digital Platforms Show Solid Fundamentals, but Gaps Emerge in Critical Moments 28 May 2026 Core digital banking and credit card experience remains strong overall Only 28% of bank and credit card app customers use virtual assistants, with higher overall satisfaction among those users Virtual assistant satisfaction drops sharply for fraud, di...
Quinte's enhanced CaseHUB platform delivers modernized experience
Friday, May 29, 2026 21:34:34 (UTC)
Quinte’s Enhanced CaseHUB Platform Delivers Modernized Experience, Expanded Configurability NEW YORK – May 28, 2026 – Quinte Financial Technologies (Quinte), a leading provider of enterprise case management solutions for banks, credit unions, CUSOs, and fintechs, today announced significant enhancements to its CaseHUB platform, including a modernized user interface (UI), expanded configurability, and governed automation capabilities to improve dispute management operations. The ex...
Credit card issuers expand financing options and controls for additional users
Friday, May 29, 2026 21:29:31 (UTC)
Credit Card Issuers Expand Financing Options and Controls for Additional Users While Promoting Secure Digital Payments Bank of America and U.S. Bank Tie as Co-Leaders in Keynova Group's 2026 Online Credit Card Scorecard WILMINGTON, Del., May 28, 2026 /PRNewswire/ -- Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of the 2026 Online Credit Card Scorecard, a best-practices benchmark evaluating the ...
