Newswire Summaries
PAR Technology announces PAR POS™ spring felease
Tuesday, April 15, 2025 17:57:29 (UTC)
NEW HARTFORD, N.Y., April 15, 2025 /PRNewswire/ -- Expectations for restaurants are higher than ever, and the tools that power outstanding guest experiences need to rise to the occasion. PAR Technology Corporation (NYSE: PAR), a global leader in enterprise foodservice technology solutions, today announces the launch of its PAR POS Spring Release, which brings a cutting-edge system that combines the best of both enhanced core performance and exciting new features to elevate operations. Significan...
AEON Pay expands to the Philippines
Tuesday, April 15, 2025 17:55:49 (UTC)
SINGAPORE, April 15, 2025 /PRNewswire/ -- AEON, the next-generation AI-powered crypto payment protocol, is proud to announce AEON Pay's expansion into the Philippines, marking a significant step forward in providing seamless crypto-to-real-world payment solutions. With the integration of QR Ph,the country's official national QR code standard adopted by the Bangko Sentral ng Pilipinas (BSP), AEON Pay not only ensures seamless interoperability with local payment systems, but also significantly boo...
Socure appoints Rivka Gewirtz Little as Chief Growth Officer
Tuesday, April 15, 2025 17:54:14 (UTC)
INCLINE VILLAGE, Nev., April 15, 2025 /PRNewswire/ -- Socure, the leading AI-driven platform for digital identity verification, fraud prevention, and sanctions screening, today proudly announced the appointment of Rivka Gewirtz Little as Chief Growth Officer. Little assumes this position after four transformative years as Chief of Staff to CEO Johnny Ayers, where she played a pivotal role in architecting Socure's strategy, operations, and market expansion. Under her leadership and alongside...
Thales to offer Prime Factors' Bank Card Security system
Tuesday, April 15, 2025 17:52:35 (UTC)
EUGENE, Ore., April 15, 2025 /PRNewswire/ -- Prime Factors and Thales announced today that Thales will offer Prime Factors' Bank Card Security System (BCSS) – a software solution that helps simplify the orchestration of payment security in bespoke payment applications – through its global distribution networks. "We are eager to provide tools for our customers to implement payment security quickly and easily," said Todd Moore, Vice President of Data Security Products at Thales. "BCSS del...
Ideem raises $2.4M seed round to make 2FA easy, invisible
Tuesday, April 15, 2025 17:50:45 (UTC)
KANSAS CITY, Mo., April 15, 2025 /PRNewswire/ -- Ideem, a company rethinking how users complete payments online, today announced a $2.4MM Seed funding round, backed by Sovereigns Capital, Quona Ventures, Everywhere Ventures, Hustle Fund, Oread Angels, Network KS, and a group of strategic angel investors. The funding will accelerate Ideem's mission to remove the friction, fraud and costs in today's mobile payment flows to deliver fast, secure one-click experiences. "Ideem is tackling a massi...
79% in survey were victims of attempted or actual payments fraud in 2024
Tuesday, April 15, 2025 17:45:39 (UTC)
ROCKVILLE, Md., April 15, 2025 /PRNewswire/ -- Seventy-nine percent of respondents reported that their organizations were victims of attempted or actual payments fraud activity in 2024, according to the 2025 AFP Payments Fraud and Control Survey, underwritten by Truist. While down just one percentage point from 2023, the number still reflects significant payments fraud activity by fraudsters who are undeterred by the anti-fraud protections that organizations have implemented. Business ...
Alchemy Pay obtains Arizona money transmitter license approval
Tuesday, April 15, 2025 17:42:38 (UTC)
SINGAPORE, April 15, 2025 /PRNewswire/ -- Alchemy Pay, the world-leading fiat-crypto payment solutions provider, is pleased to announce that it has successfully obtained a Money Transmitter License (MTL) in Arizona, the United States, issued by the Arizona Department of Insurance and Financial Institutions. This approval marks a significant milestone in Alchemy Pay's commitment to regulatory compliance and financial security. With the addition of Arizona, Alchemy Pay now holds Money Transmi...
FlexFactor, Spreedly aim to change payment declines into revenue recovery
Tuesday, April 15, 2025 17:40:35 (UTC)
SAN FRANCISCO, April 15, 2025 /PRNewswire/ -- Spreedly, the leading open payments platform, and FlexFactor, the leading payment recovery platform, announced today their strategic partnership designed to help merchants recover lost sales. With over $500 billion in sales lost each year due to false declines, this new collaboration aims to empower merchants to turn declines into revenue, enhancing shopping cart conversions and driving growth for the global merchant. Key Benefits for Merchants:...
Velera introduces new risk mitigation service model
Tuesday, April 15, 2025 17:37:05 (UTC)
St. Petersburg, Fla. (April 15, 2025) – Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – today announced a new, tiered fraud service model approach to meet credit unions where they are in their risk mitigation journey, providing them with tailored offerings to accommodate individual needs. The announcement was made at the company’s VeleraLIVE event, taking place thi...
CPI Card Group enables loading card credentials to digital wallets
Tuesday, April 15, 2025 17:18:18 (UTC)
Littleton, CO. – [April 15, 2025] – CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or “the Company”), a payments technology company providing a comprehensive range of payment cards and related digital solutions, has added Web Push Provisioning (WPP), giving card issuers more options to connect payment cards with cardholders’ digital wallets. Card issuers can now issue payment credentials to a cardholder’s digital wallet through a simple push of a button on their website. This new...
