Newswire Summaries
Modern Treasury debuts AI platform purpose-built for payments
Thursday, May 01, 2025 16:36:27 (UTC)
AN FRANCISCO--(BUSINESS WIRE)--Modern Treasury, the leading payment operations platform for businesses, today introduced Modern Treasury AI to deliver the first AI Platform purpose-built for the unique demands of enterprise payments. Built on the company’s industry-leading Payment Ops infrastructure, Modern Treasury AI blends a context-aware agent with a powerful, real-time workspace. Together, they set a new standard in how businesses manage payment operations, transitioning from manual, reac...
Cloudflare helps Anthropic, leading tech companies unlock real AI agent experiences
Thursday, May 01, 2025 16:32:39 (UTC)
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced a wave of global technology companies, including Asana, Atlassian, Block, PayPal, Sentry, Stripe, and more, are working with Cloudflare to create powerful AI experiences through Anthropic’s AI assistant, Claude. These software companies are enabling Claude and other AI assistants to securely interact with their services on behalf of users, through connections built on Cloudflar...
Stablecoin payments now available on Apple Pay through Mesh
Thursday, May 01, 2025 16:29:49 (UTC)
DUBAI, UAE, May 1, 2025 /PRNewswire/ -- Mesh, the first truly global crypto payments network, today unveiled its Apple Pay integration live on stage at Token2049 during Co-Founder and CEO Bam Azizi's keynote address. This marks the first public demonstration of the new capability – available later in Q2 – that will enable merchants partnered with Mesh to accept crypto payments through Apple Pay without building their own crypto infrastructure. The new Apple Pay integration leverages Mes...
Former payments exec Jennifer Sherman joins Unit4 as Chief Product Officer
Thursday, May 01, 2025 16:27:02 (UTC)
LONDON, May 1, 2025 /PRNewswire/ -- Unit4, a leader in enterprise cloud applications for people-centric organizations, today announced the appointment of Jennifer Sherman as Chief Product Officer. A recognized product and customer experience leader, Jennifer will be responsible for overseeing the product organization and shaping the future of Unit4's product development aligned to the company's strategic vision, the needs of our customers and evolving technologies which enhance our products' ...
Rain, Visa partner to accelerate onchain credit cards
Thursday, May 01, 2025 16:25:08 (UTC)
NEW YORK, May 1, 2025 /PRNewswire/ -- Rain, a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa. Today, Rain announced it has joined Visa's pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year. Rain provides backend infrastructure �...
Events.com acquires Upped Events, brings advanced payments, deeper engagement
Thursday, May 01, 2025 16:23:49 (UTC)
Strategic Acquisition Introduces Advanced Payments and Deeper Engagement as Events.com Accelerates Toward Becoming the World's Leading Event Management and Discovery Platform LA JOLLA, Calif., May 1, 2025 /PRNewswire/ -- Events.com, a global leader powering the experience economy through event discovery, sponsorship, and AI-driven insights, today announced its acquisition of Upped Events ("Upped"), a cutting-edge event management company known for its innovative organization and payment tools...
Tondo Fulfillment, Highbeam join forces on ecommerce financing
Thursday, May 01, 2025 16:17:21 (UTC)
NEW YORK, May 1, 2025 /PRNewswire/ -- Tondo Fulfillment, the fastest-growing independent 3PL in the United States, announced today a strategic partnership with Highbeam, the leading e-commerce banking and cash management platform. As a result of this collaboration, the two companies are proud to unveil Tondo Capital powered by Highbeam — a game-changing solution that gives Tondo clients access to lines of capital, liquidity, and the financial support they need to fuel their growth. Tondo Fu...
Annual survey of bank, CU executives reveals top priorities, concerns
Thursday, May 01, 2025 16:15:50 (UTC)
MONETT, Mo., May 1, 2025 /PRNewswire/ -- Banks and credit unions are prioritizing operational efficiency while focusing on growing deposits and loans, according to Jack Henry's seventh annual Strategy Benchmark. The survey of 149 C-level executives at financial institutions using Jack Henry™ products and services highlights the critical issues and opportunities facing the industry. "As growing non-interest expense and loan-loss provisions put downward pressure on net income in 2024...
JustPark, The O2 form exclusive partnership to elevate visitor experience
Thursday, May 01, 2025 15:54:15 (UTC)
LONDON, UK – 1st May, 2025: JustPark, the UK’s leading parking app, is to become the official parking partner of The O2 in London. The new multi-year partnership is the first of its kind between an event operator and parking company in the UK. The aim is to deliver an industry-leading parking experience for The O2’s 10 million-plus annual visitors, with new solutions designed to enhance both accessibility and flexibility in booking parking at one of the world’s most popular venues. Ne...
US economy shrinks 0.3% in first quarter amid tariffs, trade wars
Thursday, May 01, 2025 15:49:15 (UTC)
Espoo, Finland, May 1, 2025 – The U.S. economy shrank at an annual rate of 0.3% in the first quarter, according to early Commerce Department estimates, as businesses battle with sweeping tariffs and trade wars causing uncertainty. It’s the first drop in three years, with growth in January to March slowed by a surge in imports. In the first quarter, U.S. imports surged to the highest levels since the pandemic, with businesses stockpiling inventory and purchasing overseas goods before th...