Newswire Summaries
MPC says credit card companies will make double on Easter eggs
Thursday, April 17, 2025 21:28:19 (UTC)
WASHINGTON, April 15, 2025 – Big banks and credit card networks will make twice as much on a dozen Easter eggs this year as the rising “swipe” fees they charge merchants to process transactions cost families celebrating the holiday more than $550 million, the Merchants Payments Coalition said today. “Soaring credit card swipe fees are one of the factors that keep pressing egg prices higher and are bad news for struggling families,” MPC Executive Committee member and National Retai...
Sift brings direct access to critical fraud metrics
Thursday, April 17, 2025 16:28:08 (UTC)
SAN FRANCISCO, April 17, 2025 (GLOBE NEWSWIRE) -- Sift, the AI-powered fraud platform delivering identity trust for leading global businesses, today announced that its industry-first Fraud Industry Benchmarking Resource (FIBR) is now integrated directly into the Sift product experience (Sift Console). This innovation gives fraud and risk teams immediate access to their own fraud performance metrics compared against industry and global benchmarks without leaving their operational hub in the ...
SBS streamlines microfinance access across Africa
Thursday, April 17, 2025 16:25:02 (UTC)
Paris, France (April 17, 2025) –SBS (formerly Sopra Banking Software), the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, announced today the expansion of its core banking technology SBP Core Amplitude by SBS for microfinance operations. More than 220 large retail groups, to greenfield banks and microfinances across Africa, including KCB Group, BGFI Bank, Orabank, Coris Bank, Community Credit Company (CCC Plc...
Current manufacturing indicators deteriorate in April
Thursday, April 17, 2025 16:23:04 (UTC)
Philadelphia, April 17, 2025—Manufacturing activity in the region declined this month, according to the firms responding to the April Manufacturing Business Outlook Survey. The diffusion index for current general activity dropped 39 points to -26.4 in April, its lowest reading since April 2023. The indicators for new orders and shipments fell notably and turned negative. The firms indicated overall steady employment, and the current price indexes remained elevated. The survey’s broad indicat...
Froda raises €20M to accelerate embedded SME finance across Europe
Thursday, April 17, 2025 16:20:55 (UTC)
Stockholm, April 23 2025 – Embedded finance player Froda has secured a €20M (222M SEK) investment to fuel its European expansion and provide more SMEs with seamless, data-driven financing. The Series B round was led by Incore Invest, with strong continued backing from the majority of existing investors. The raise comes at a time when fintech fundraising has slowed significantly, with many players struggling to attract equity. The investment underscores growing investor confidence in emb...
Alkami, Cornerstone release digital banking performance metrics report
Wednesday, April 16, 2025 17:05:54 (UTC)
PLANO, Texas, April 16, 2025 -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today the release of its latest research in partnership with Cornerstone Advisors. The 2025 Digital Banking Performance Metrics Report is compiled from self-reported data collected in fiscal year 2024 from a sample of banks and credit unions with an average asset size of $4.7 billion. Now in its sixth ye...
Juniper Payments elevates Payments Hub with fraud, risk scoring
Wednesday, April 16, 2025 17:03:44 (UTC)
St. Petersburg, Fla. (April 16, 2025) – Juniper Payments, a Velera company, today announced a powerful new addition to its Payments Hub: an embedded artificial intelligence (AI)-driven fraud prevention engine built to meet the needs of modern financial institutions and encourage broader adoption of instant payments. The announcement was made in conjunction with VeleraLIVE, taking place this week in Denver, Colo. As the largest cloud-based, non-bank third-party provider of interbank trans...
Deepali Vyas brings data, AI expertise to ZRG
Wednesday, April 16, 2025 17:01:25 (UTC)
ROCHELLE PARK, NJ (April 16, 2025) – ZRG, the fastest-growing full-service global talent advisory firm, today announced a major step forward in expanding its data and AI expertise with the appointment of Deepali Vyas to lead the firm’s work in this critical space. As Managing Director, Sector Head of AI and Data, Vyas brings more than 25 years of experience at the intersection of data, analytics, artificial intelligence, and executive leadership. She joins ZRG from Korn Ferry, where she s...
ONEKEY enhances product platform with RED II cybersecurity assessment
Wednesday, April 16, 2025 16:36:39 (UTC)
Duesseldorf, 16 April 2025 – With the recently published Implementing Decision EU 2025/138, the European Union has introduced new harmonized standards from the EN 18031 series, which clarify the cybersecurity requirements for devices with radio interfaces under the Radio Equipment Directive (RED II). The Duesseldorf-based cybersecurity company ONEKEY offers a comprehensive solution through its Product Cybersecurity & Compliance Platform (OCP), expert consulting services, and specific assessmen...
Recurly unveils next-gen product suite for subscriptions
Wednesday, April 16, 2025 16:32:26 (UTC)
BROOMFIELD, Colo. & AUSTIN, Texas--(BUSINESS WIRE)--Recurly, a leader in subscription management, today unveiled its most transformative and innovative product release to date. Announced live at its flagship virtual conference, Subscription Sessions, Recurly introduced its powerful new AI-powered growth engine, Recurly Compass; a Shopify integration that provides enterprise-grade support for ecommerce subscriptions; and new plug-and-play payments functionality designed to streamline global scale...
