Newswire Summaries
RTP® Network hits $481B in Q2 as higher-value instant payments surge
Thursday, July 17, 2025 18:34:19 (UTC)
July 17, 2025 New York – Instant payments adoption is accelerating—and payments are getting bigger. In Q2 2025, the RTP® network, the largest instant payments system in the United States operated by The Clearing House that averages 1.18 million payments each day, processed $481 billion in payments, a 195% leap in value from the previous quarter. What’s behind the surge? Businesses and financial institutions are embracing larger, faster transactions, thanks to the network’s increased...
Proof's 'The Trust Ledger' reveals alarming rise in AI-driven identity crime
Thursday, July 17, 2025 17:10:01 (UTC)
Jul 17, 2025 10:00 AM Eastern Daylight Time Proof Releases “The Trust Ledger,” Reveals Alarming Rise in AI-Driven Identity Crime The newly released report “The Trust Ledger: Transaction & Identity Fraud Bulletin” offers a comprehensive look at impersonation and fraud in the post-AI digital economy. BOSTON--(BUSINESS WIRE)--Proof, the leading identity authorization network, today released “The Trust Ledger: Transaction & Identity Fraud Bulletin,” a report offering a comprehen...
Europe prepaid card, digital wallet market report 2025 now available
Thursday, July 17, 2025 17:08:09 (UTC)
Jul 17, 2025 10:36 AM Eastern Daylight Time Europe Prepaid Card and Digital Wallet Market Intelligence Report 2025 | Tech Giants and Fintech Startups Reshape the $460 Bn Market with Digital Integration and Advanced Features - Forecast to 2029 - ResearchAndMarkets.com DUBLIN--(BUSINESS WIRE)--The "Europe Prepaid Card and Digital Wallet Market Intelligence and Future Growth Dynamics Databook - Q2 2025 Update" report has been added to ResearchAndMarkets.com's offering. The prepaid ca...
Boulevard raises $80M in Series D funding to transform CX in self-care sector
Thursday, July 17, 2025 16:39:25 (UTC)
LOS ANGELES – July 17, 2025 – Boulevard (www.joinblvd.com), provider of the client experience platform purpose-built for appointment-based, self-care businesses, today announced that it has raised $80 million in Series D funding led by JMI Equity, a growth equity firm focused on investments in leading software companies, with continued participation from Index Ventures and VMG Partners. The funding enables Boulevard to accelerate the delivery of enterprise capabilities across multiple self-c...
July edition of the Velera Payments Index published
Thursday, July 17, 2025 16:35:42 (UTC)
St. Petersburg, Fla., July 17, 2025—Today, Velera – the nation’s premier payments CUSO and an integrated financial technology solutions provider – published the July edition of the Velera Payments Index: Consumer spending remained slow in June, with debit card activity declining from its peak in January as the downward trend continues. Inflation has started to impact consumer prices, as the CPI rose 0.3% in June. Tariff-sensitive goods, including furniture, toys and clothing, poste...
Current manufacturing indicators improve in July
Thursday, July 17, 2025 16:33:50 (UTC)
Philadelphia, July 17, 2025—July 2025 Manufacturing Business Outlook Survey Note: Survey responses were collected from July 7 to July 14. Manufacturing activity in the region expanded overall this month, according to the firms responding to the July Manufacturing Business Outlook Survey. The survey’s indicator for general activity returned to positive territory, and the indexes for new orders and shipments both increased this month. All three indexes recorded their highest readings sin...
MDP builds next-gen processing center with BPC’s SmartVista platform
Thursday, July 17, 2025 16:31:41 (UTC)
Cairo, Egypt, July 17, 2025 – MDP, a long-standing leader in Africa’s card issuing and processing industry, continues to solidify its position as a trusted payments powerhouse across the Middle East and Africa. In partnership with BPC, a global payment solutions provider, MDP has built a next-generation third-party processing center using BPC’s SmartVista platform, enabling it to deliver scalable, secure, and innovative payment solutions across the region. By adopting the future-proven ...
Coda accelerates global expansion with acquisition of Recharge
Thursday, July 17, 2025 16:25:32 (UTC)
SINGAPORE and AMSTERDAM | 17 July 2025 — Coda, a global leader in digital content monetization headquartered in Singapore, today announced it has signed a definitive agreement to acquire Recharge, Europe’s leading prepaid payments platform, headquartered in Amsterdam. The transaction brings together two profitable regional leaders with scaled businesses, complementary strengths and a shared ambition to lead the future of global digital distribution and monetization. The acquisition accele...
Cashflows, GoCardless team up to transform business payouts
Thursday, July 17, 2025 16:23:59 (UTC)
LONDON Thursday, 17 July, 2025 -- Cashflows, the platform that helps businesses easily accept payments, has partnered with bank payment company GoCardless to power Cashflows Payouts, a streamlined new solution that enables businesses to send real-time payments using account-to-account payment technology. Cashflows Payouts changes how businesses handle disbursements. This new offering transforms traditional processes by enabling instant, branded and fully secure payouts through an intuitive se...
Industry veteran Daniel Duffy to lead sales at Arteria AI
Wednesday, July 16, 2025 16:41:04 (UTC)
NEW YORK – July 15th, 2025 – Award-winning enterprise documentation infrastructure pioneer Arteria AI announced today that Daniel Duffy has joined the company to lead its sales team. At Arteria, Daniel will oversee all aspects of the sales lifecycle to the firm’s wide range of financial services clients. Daniel joins Arteria with over 35 years’ experience working at the intersection of technology and financial services, including most recently at State Street Global Markets where h...
