News From the Wire

16:41:54 (UTC) 05-09-2025

Palo Alto Networks announces intent to acquire Protect AI

16:38:39 (UTC) 05-09-2025

CardWorks closes acquisition of Ally's credit card portfolio, platform

16:37:21 (UTC) 05-09-2025

Southwest Airlines reimagines far products, offers new member benefits

16:35:36 (UTC) 05-09-2025

US consumer confidence plunged again in April

16:33:38 (UTC) 05-09-2025

Private sector employment increased by 62,000 jobs in April

16:31:07 (UTC) 05-09-2025

Wirex Business expands to BASE Blockchain, offers stablecoin payments to clients

16:29:01 (UTC) 05-09-2025

ONE.io, BoomFi to launch ONE Gateway for crypto payments

16:17:53 (UTC) 05-09-2025

US bankruptcy filings in Q1 2025 increase



Newswire Summaries

Palo Alto Networks announces intent to acquire Protect AI

Friday, May 09, 2025 16:41:54 (UTC)

SANTA CLARA, Calif., April 28, 2025 /PRNewswire/ -- Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today announced that it has entered into a definitive agreement to acquire Protect AI, an innovative leader in securing the use of Artificial Intelligence (AI) and Machine Learning (ML) applications and models. This strategic acquisition reflects Palo Alto Networks' commitment to remaining at the forefront of next-generation cybersecurity innovation, and expanding its capabil...

Read the whole story

CardWorks closes acquisition of Ally's credit card portfolio, platform

Friday, May 09, 2025 16:38:39 (UTC)

WOODBURY, N.Y., April 1, 2025 /PRNewswire/ -- CardWorks, Inc. closed the acquisition of Ally Financial's credit card portfolio and platform today, including a team of talented individuals and 1.3 million active cardholders. Merrick Bank, the wholly-owned bank subsidiary of CardWorks, will acquire a portfolio of $2.2 billion in credit card receivables, enhancing Merrick Bank's position as a top non-prime and near-prime credit card issuer. "This acquisition is a perfect example of what CardWork...

Read the whole story

Southwest Airlines reimagines far products, offers new member benefits

Friday, May 09, 2025 16:37:21 (UTC)

DALLAS, April 28, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) announces its new fare products, as well as new benefits for its Rapid Rewards® Credit Cardmembers and Tier Members, aiming to deepen and reward loyalty for the airline's most engaged Customers. "With new choices like seat selection and Extra Legroom, our enhanced fare bundles let Customers customize their trip while still enjoying our industry-leading reliability and hospitality." said Tony Roach, Executive Vice Presi...

Read the whole story

US consumer confidence plunged again in April

Friday, May 09, 2025 16:35:36 (UTC)

NEW YORK, April 29, 2025 /PRNewswire/ -- The Conference Board Consumer Confidence Index® fell by 7.9 points in April to 86.0 (1985=100). The Present Situation Index—based on consumers' assessment of current business and labor market conditions—decreased 0.9 points to 133.5. The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—dropped 12.5 points to 54.4, the lowest level since October 2011 and well below the threshold of 80 that...

Read the whole story

Private sector employment increased by 62,000 jobs in April

Friday, May 09, 2025 16:33:38 (UTC)

ROSELAND, N.J., April 30, 2025 /PRNewswire/ -- Private sector employment increased by 62,000 jobs in April and annual pay was up 4.5 percent year-over-year, according to the April ADP® National Employment Report™ produced by ADP Research in collaboration with the Stanford Digital Economy Lab ("Stanford Lab"). The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U...

Read the whole story

Wirex Business expands to BASE Blockchain, offers stablecoin payments to clients

Friday, May 09, 2025 16:31:07 (UTC)

LONDON, May 9, 2025 /PRNewswire/ -- Wirex, a leading provider of Web3 banking solutions, is proud to announce the expansion of its Wirex Business platform to BASE, a new layer-2 blockchain developed by Coinbase. This milestone marks a significant development in Wirex's vision to provide stablecoin-powered financial services to businesses across the globe. Wirex Business Expands to BASE Blockchain, Bringing Seamless Stablecoin Payments to Corporate Clients Wirex Business Expands to BASE Block...

Read the whole story

ONE.io, BoomFi to launch ONE Gateway for crypto payments

Friday, May 09, 2025 16:29:01 (UTC)

SINGAPORE, May 9, 2025 /PRNewswire/ -- ONE.io, a leading global payments and digital assets solution, is partnering with BoomFi to launch ONE Gateway. ONE Gateway embeds crypto payment capabilities into ONE.io's services and enables its clients to accept digital asset payments with automated fiat settlement into their ONE.io business accounts. This integration allows ONE.io's clients to accept payments in major cryptocurrencies via pay links, invoices, checkout flows, or recurring billing, an...

Read the whole story

US bankruptcy filings in Q1 2025 increase

Friday, May 09, 2025 16:17:53 (UTC)

May 8, 2025 — Burlingame, Calif. — Data collected by G2 Risk Solutions (G2RS), which provides bankruptcy management services to lenders and creditors for a majority of US bankruptcy filings, showed a slight increase in overall bankruptcy filings in the first quarter of 2025. Despite an overall trend of increasing bankruptcy filings since 2022, filings in the last two quarters of 2024 had flattened, and then decreased. In Q1 2025, filings increased by 0.7% from Q4 of 2024. When compared...

Read the whole story

Miconex, EML launch digital gift card technology in Canada

Thursday, May 08, 2025 17:11:27 (UTC)

May 8, 2025 7:06 AM Eastern Daylight Time Miconex and EML Launch Digital Gift Card Technology in Canada PERTH, Scotland--(BUSINESS WIRE)--Fintech Miconex is building on the success of its digital gifting product in Europe by launching digital gift card technology in Canada, alongside EML Payments. Miconex operates over 200 closed loop gift card programs globally with almost $60 million in local spend delivered. Its Downtown Gift Card program is active across North America, with 42 distric...

Read the whole story

Play2Pay, Metro by T-Mobile help customers pay bills by playing games

Thursday, May 08, 2025 17:09:27 (UTC)

May 8, 2025 8:00 AM Eastern Daylight Time Play2Pay and Metro by T-Mobile Launch Ad It Up to Help Customers Pay for their Service by Playing Games Share App provides an easy and fun way to lower Metro customers' wireless costs MIAMI--(BUSINESS WIRE)--Play2Pay, an alternative payment platform that gamifies the process of paying monthly bills, today announced a partnership with Metro by T-Mobile, America’s biggest prepaid brand, to bring customers access to the Ad It Up app. Whe...

Read the whole story

skyscraper ad