Newswire Summaries
PEX secures $160M to scale payments, credit and financial automation platform
Tuesday, July 28, 2026 16:32:42 (UTC)
PEX Secures $160 Million to Scale Payments, Credit and Financial Automation Platform Funding supports continued expansion of PEX's fast-growing charge card business, product innovation and go-to-market growth as demand rises for modern financial infrastructure July 28, 2026 09:00 ET | Source: PEX NEW YORK, July 28, 2026 (GLOBE NEWSWIRE) -- PEX, a leading corporate card and spend management platform, today announced it has secured $160 million in debt and equity financing led by Blu...
Connexus Credit Union, Alacriti deepen collaboration to advance instant payments
Tuesday, July 28, 2026 16:29:48 (UTC)
Connexus Credit Union Deepens Collaboration With Alacriti To Advance Instant Payments Connexus Credit Union Expands Its Long-Standing Partnership With Alacriti To Deliver Send and Receive on the RTP® network and the FedNow® Service BRIDGEWATER, N.J., July 28, 2026 (GLOBE NEWSWIRE) -- HIGHLIGHTS Connexus Credit Union expanded its partnership with Alacriti to enable instant payment Send and Receive capabilities through the RTP® network and the FedNow® Service. Following a success...
AcuityTec enhances risk intelligence, control across identity and transactions
Tuesday, July 28, 2026 16:27:18 (UTC)
AcuityTec Delivers Smarter Risk Intelligence and Greater Control Across Identity and Transactions July 28, 2026 11:00 ET | Source: AcuityTec MONTREAL, July 28, 2026 (GLOBE NEWSWIRE) -- AcuityTec, a leader in KYC, KYT, transaction monitoring, fraud prevention, and compliance technology, today announced a new series of platform enhancements designed to strengthen fraud detection and improve operational efficiency across iGaming, gambling, and payment platforms. The release introduces ...
Tungsten Automation names ParaScript Embedded Technology Partner of the Year
Tuesday, July 28, 2026 16:19:03 (UTC)
ParaScript® Named Embedded Technology Partner of the Year by Tungsten Automation Recognition highlights 14 years of collaboration delivering document intelligence and fraud detection capabilities to financial institutions BOULDER, Colo. – July 28, 2026 - ParaScript, an Al-powered document processing company, today announced it has been named Embedded Tech Partner of the Year by Tungsten Automation, a provider of intelligent workflow automation solutions. The recognition reflects 14 yea...
XPlace, Credit Coop team up to scale card settlement through on-chain credit
Tuesday, July 28, 2026 16:17:13 (UTC)
XPlace Partners With Credit Coop to Scale Card Settlement Through On-Chain Credit FOR IMMEDIATE RELEASE DUBAI - Tuesday 28 July, 2026 - Financial service platform XPlace today announced a partnership with Credit Coop, an on-chain structured finance protocol, to finance card settlement through Credit Coop’s credit rails. The new structure reduces XPlace’s reliance on capital deposited in advance to cover card transactions, allowing its settlement capacity to scale as member spending...
Credit Union 1 (Alaska), NCR Atleos expand partnership through Circle K ATM branding
Tuesday, July 28, 2026 16:15:34 (UTC)
Credit Union 1 (Alaska) expands collaboration with NCR Atleos through statewide ATM branding in Circle K stores ATLANTA -- NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Credit Union 1 (CU1), headquartered in Anchorage, Alaska, is expanding its collaboration with Atleos through an ATM branding agreement at Circle K stores in Alaska, reinforcing its commitment to...
Daon secures 3rd patent advancing AI agent governance in regulated industries
Tuesday, July 28, 2026 16:12:42 (UTC)
Daon Secures Third Patent Advancing AI Agent Governance in Regulated Industries Daon’s agentic AI portfolio proactively addresses key risks created by autonomous agents through a trust architecture covering person-agent verification, agent behavior monitoring, and limited access for sensitive tool and API actions. Fairfax, VA – July 28, 2026 – Daon®, The Digital Identity Trust Company, announced a patent that addresses a critical production challenge for agentic AI in regulate...
Velera launches Risk Alert Manager to boost fraud detection, response time
Tuesday, July 28, 2026 16:10:18 (UTC)
Velera Launches Risk Alert Manager to Strengthen Fraud Detection and Response Time Tampa, Fla. (July 28, 2026) – Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today announced its new Risk Alert Manager, a fully integrated risk mitigation solution that allows Velera credit unions to monitor and respond to potential fraud events in near real time. As fraud volume and sophistication continue ...
Chargebacks are quietly raising prices for everyone, Chargebacks911 study finds
Tuesday, July 28, 2026 16:06:54 (UTC)
Chargebacks are quietly raising prices for everyone, Chargebacks911 study finds 38% of merchants across US, UK and global markets say chargeback-related costs are now influencing the prices of their goods and services, up from 32.5% in the previous report On average, merchants lose more than four dollars for every dollar disputed once fees, lost inventory, prevention costs and operational overhead are accounted for Nearly 62% of merchants say dispute volumes have increased over the past...
Chairman Hill, Oversight Chairman Meuser issue staff report on financial fraud, scams
Monday, July 27, 2026 17:44:10 (UTC)
Chairman Hill, Oversight Chairman Meuser Issue Staff Report on Financial Fraud and Scams Share on Facebook Share on X Print this Page Share by Email Washington, July 22, 2026 Tags: Subcommittee on Oversight and Investigations Today, House Committee on Financial Services Chairman French Hill (AR-02) and Oversight & Investigations Subcommittee Chairman Dan Meuser (PA-09) released a staff report titled “Fighting Back: A Policy Framework for Combating the Rise of Financial Fraud &...
