Newswire Summaries
Velera celebrates 50th anniversary of shared branch network
Wednesday, October 01, 2025 17:49:24 (UTC)
St. Petersburg, Fla. (Oct. 1, 2025) – Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, is pleased to celebrate 50 years of the Shared Branch network, a system that has transformed access to financial services for credit union members nationwide. What began as a bold cooperative experiment has grown into one of the largest credit union networks, with more than 5,500 participating branches across the...
Bakkt completes the sale of loyalty business
Wednesday, October 01, 2025 16:34:34 (UTC)
NEW YORK--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) announced today that it has completed the sale of its Loyalty business to Project Labrador Holdco, LLC, a wholly owned subsidiary of Roman DBDR Technology Advisors, Inc. This milestone marks the Company’s full transition to a pure-play digital asset infrastructure platform, aligned with its mission to build the backbone of next-generation financial markets. “The sale of Loyalty is a defining ...
Nominations open for ATMIA's Peter Kulik Innovation Award
Wednesday, October 01, 2025 16:32:01 (UTC)
Brookings, S.D., Oct. 1, 2025—The annual Peter Kulik Innovation Award celebrates innovations in the global ATM industry. This ATMIA award recognizes a new way of using technology that improves the way the ATM industry works by solving an important industry problem, improving the security of the ATM ecosystem, or enhancing the user experience at ATMs. Criteria: Effectiveness: Addresses an important industry problem with the potential to deliver measurable results. Reach: Works for man...
Indiana Farm Bureau modernizes with Solace's event-driven integration
Wednesday, October 01, 2025 16:28:27 (UTC)
Ottawa, Ontario, Canada, October 01, 2025 – Solace, the leader in powering real-time, event-driven integration for the agentic world, today announced that Indiana Farm Bureau Insurance, the state of Indiana’s largest farm insurer and a top provider of auto and home insurance, has successfully gone live with Solace’s real-time, event-driven integration platform, enabling more efficient operations, faster access to critical data, and improved customer service across the organization’s insu...
Lovell Minnick Partners invests in Valor PayTech to accelerate growth
Wednesday, October 01, 2025 16:25:01 (UTC)
PHILADELPHIA & LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Valor PayTech (“Valor”, or “Company”), a leading innovator in point-of-sale software and payment technology, today announced a strategic investment from funds managed by Lovell Minnick Partners (“LMP”), a private equity firm focused on investments in financial services, business services, and financial technology companies. The transaction represents the first institutional capital raised by Valor and signals the beginning of...
Hanscom FCU, Alkami to power differentiated mobile banking experience
Wednesday, October 01, 2025 16:23:24 (UTC)
PLANO, Texas, Oct. 1, 2025 -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced a strategic partnership with Hanscom Federal Credit Union (HFCU) to support the launch of HFCU's proprietary mobile banking experience. Designed to deliver a convenient, gamified approach to banking, the mobile application (app) will empower members with personalized tools for financial wellness. As part of the coll...
LSEG introduces World-Check Verify, powered by AWS
Wednesday, October 01, 2025 13:42:59 (UTC)
London, 1 October 2025—LSEG Introduces World-Check Verify, Powered by AWS: Instant, Embedded Screening for Frictionless Payments and Compliance New cloud-native solution delivers seamless, secure, and enterprise-grade screening embedded directly into payment and onboarding workflows. LSEG Risk Intelligence today announces the launch of World-Check Verify, powered by Amazon Web Services (AWS) — a next-generation, cloud-native screening API built to embed compliance directly into p...
Google, Blackhawk Network to launch Gift Card Mall in Google Play
Wednesday, October 01, 2025 13:41:20 (UTC)
PLEASANTON, Calif. – Oct. 1, 2025 — Blackhawk Network (BHN), a global leader in branded payment solutions, today announced it will partner with Google Play to launch a gift card mall in the Play Store. By combining BHN’s world-class digital gifting portfolio and technology with the reach of Google Play, a global digital content store, the companies are creating a premier destination for digital gifting. For the first time, users will be able to purchase and send gift cards from the world�...
Clearstream, Vyntra sign extended agreement at SIBOS
Wednesday, October 01, 2025 13:33:54 (UTC)
Luxembourg City, Luxembourg, Oct. 1, 2025—Clearstream, part of Deutsche Börse Group, and Vyntra, formed from the union of Intix and NetGuardians, today announced the signing of an extended agreement. This extended partnership highlights Clearstream’s commitment to investing in next-generation technology that drives growth while enhancing superior customer experience. The agreement was marked with a signing ceremony at the SIBOS conference in Frankfurt, highlighting the importance of this co...
Credit cards gain momentum in Canadian consumer payments
Wednesday, October 01, 2025 13:30:57 (UTC)
(Toronto, September 30, 2025) – The value of credit card payments in Canada exceeded 50% of Personal Consumption Expenditure (PCE) for the first time in 2020, and is expected to reach 64% of PCE by 2029, according to the recently released Canadian Payments Forecast, 2025, published by Technology Strategies International Inc. The number of credit card transactions is expected to exceed 50% of all Canadian consumer payments by 2027. “Credit card payments now lead across most Canadian paym...