Newswire Summaries
75% of UK businesses would break ransomware payment ban to save their company
Wednesday, July 30, 2025 17:24:39 (UTC)
READING, England, July 30, 2025 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today published new research revealing a sharp divide between principle and practice around the proposed ban on ransomware payments. While 96% of surveyed UK business leaders from £100 million+ companies believe payments should be banned across both public and private sectors, 75% admit that if a ban was extended to the private sect...
Equifax: U.S. consumers continue to spend, avoid delinquency
Wednesday, July 30, 2025 17:22:25 (UTC)
ATLANTA, July 30, 2025 /PRNewswire/ -- Equifax® (NYSE: EFX) has released its Market Pulse Second Quarter U.S. Consumer Credit Trends, which includes U.S. national consumer credit data and trends through June 2025 sourced from Equifax data. According to Equifax, delinquency on total U.S. consumer debt was 1.5% in June, steady from 1.5% in May and April, marking a 0.2% increase from the end of the first quarter of 2025. Total consumer debt reached $17.86 trillion in June, up from $17.80 trillion ...
Ramp raises $500 million at $22.5 billion valuation
Wednesday, July 30, 2025 17:21:06 (UTC)
NEW YORK, July 30, 2025 /PRNewswire/ -- Ramp, the leading financial operations platform, announced its Series E-2, raising $500 million at a $22.5 billion valuation. ICONIQ led the round, with continued support from existing investors including all participants from the June 2025 Series E: Founders Fund, D1 Capital Partners, GIC, Coatue, Avenir Growth, Thrive Capital, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Altimeter, Definition Capital, 137 Ventures, General Catalyst, and Stripes. New...
Cash App launches pools for group payments
Tuesday, July 29, 2025 17:58:56 (UTC)
Jul 29, 2025 9:00 AM Eastern Daylight Time Cash App Launches Pools for Group Payments Offering upfront payment collection and the ability for group members to contribute through Apple Pay and Google Pay, pooling money is now quicker and easier than ever with Cash App DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Cash App today announced the launch of pools, a new peer-to-peer payment feature that enables group payments with just a few taps. From friends planning their next ...
More SMBs see rise in customers needing subprime financing
Tuesday, July 29, 2025 17:57:01 (UTC)
Jul 29, 2025 9:07 AM Eastern Daylight Time New Snap Finance® Research: More Small Businesses See a Rise in Customers Who Need Subprime Financing Small businesses lean on alternative financing to help shoppers and drive growth amid economic pressures. SALT LAKE CITY--(BUSINESS WIRE)--Snap Finance, a leading provider of innovative and convenient pay-over-time solutions, today released new research showing that small businesses are increasingly relying on alternative financing to suppor...
FT Partners to lead next phase of Car IQ growth funding
Tuesday, July 29, 2025 17:54:42 (UTC)
Jul 29, 2025 10:11 AM Eastern Daylight Time FT Partners Working with Car IQ to Lead Next Phase of Growth Funding SAN FRANCISCO--(BUSINESS WIRE)--Car IQ, the company pioneering payment technology for connected vehicles, today announced the launch of new growth financing, building on a recent $8 million strategic investment. The company has engaged Financial Technology Partners (FT Partners) to lead its capital raising and banking strategy moving forward. “Their traction with top flee...
Catena Labs recruits payments, fintech leader Sharda Caro Del Castillo for C-suite
Tuesday, July 29, 2025 17:52:21 (UTC)
Jul 29, 2025 12:00 PM Eastern Daylight Time Catena Labs Expands Executive Team, Appoints Global Payments and Fintech Leader Sharda Caro Del Castillo as Chief Legal and Business Officer Caro Del Castillo brings over 25 years of expertise in strategy, business, legal, compliance and fintech leadership to help build a new financial institution for agentic commerce and stablecoins SAN FRANCISCO--(BUSINESS WIRE)--Catena Labs, a pioneer in AI and stablecoin financial services, today ann...
Flexa hires Trey Swanson as Head of Commercial to accelerate merchant adoption
Tuesday, July 29, 2025 17:49:30 (UTC)
Jul 29, 2025 12:00 PM Eastern Daylight Time Flexa Appoints Trey Swanson as Head of Commercial to Accelerate Merchant Adoption and Strategic Growth Former Checkout.com and PayPal sales maven brings deep fintech and payments expertise to Flexa's expanding go-to-market team NEW YORK--(BUSINESS WIRE)--Flexa, the leading payments platform for digital assets, today announced the appointment of Trey Swanson as the company’s new Head of Commercial, a strategic hire that will help scale Flexa�...
Autoagent survey finds homeowner frustrations with property tax payments
Tuesday, July 29, 2025 17:36:55 (UTC)
BOCA RATON, Fla. - (July 29, 2025) – Autoagent, the leader in escrow tax and government payment processing, today announced results of its latest survey presented among more than 2,500 homeowners nationwide. The online survey, conducted in July 2025, aimed to uncover the challenges homeowners face in managing property tax payments, particularly with escrow accounts, bill accuracy, and online services. The survey revealed critical pain points and clear demand for more transparent, flexible ...
Younger shoppers are reshaping dispute behavior
Tuesday, July 29, 2025 17:29:33 (UTC)
LONDON, United Kingdom, July 29, 2025 — With each passing year, a new wave of young, tech-savvy consumers is entering the marketplace—bringing with them evolving expectations and behaviors. According to a new study from Chargebacks911, a global leader in dispute resolution and chargeback prevention, younger consumers are fundamentally transforming how payment disputes unfold, and merchants who don’t adapt risk more than just lost revenue. The 2025 Cardholder Dispute Index, based on res...
