Newswire Summaries
One year in, MC’s checkout transformation gains ground across Europe
Tuesday, June 03, 2025 17:39:12 (UTC)
AMSTERDAM--(BUSINESS WIRE)--One year after announcing its vision to phase out manual card entry and drive 100% tokenisation, Mastercard is celebrating major strides across Europe, where a growing number of partners are adopting the technologies that underpin safer, smarter digital commerce. Nearly half of Mastercard e-commerce transactions are now tokenised in Europe. These tokenised transactions, including Secure Card on File (SCOF), Click to Pay, and digital wallets, have increased by over ...
Cloud adoption gaining ground in public sector, survey finds
Tuesday, June 03, 2025 17:37:19 (UTC)
Jun 3, 2025 8:57 AM Eastern Daylight Time National Survey Finds Cloud Adoption Gaining Ground in the Public Sector, With Early Adopters Reporting Major Benefits Government leaders cite system resilience, improved citizen services, and enhanced collaboration as top drivers for cloud modernization LAKE MARY, Fla.--(BUSINESS WIRE)--A new research study, commissioned by CentralSquare Technologies and Amazon Web Services (AWS), reveals that cloud adoption is gaining momentum in the public sect...
Intuit supercharges GenOS to deliver done-for-you agentic AI experiences
Tuesday, June 03, 2025 17:34:45 (UTC)
Jun 3, 2025 9:00 AM Eastern Daylight Time Intuit Supercharges GenOS for Delivery of Done-for-You Agentic AI Experiences to ~100 Million Consumers, Businesses GenOS accelerates powerful agent development by combining rich data and AI platform capabilities with proprietary domain-specific LLMs and commercial LLMs MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp...
OatFi raises $24M to build modern credit network for B2B payments
Tuesday, June 03, 2025 17:32:08 (UTC)
Jun 3, 2025 9:00 AM Eastern Daylight Time OatFi Raises $24M to Build the Modern Credit Network for B2B Payments NEW YORK--(BUSINESS WIRE)--OatFi, the API-first fintech infrastructure company modernizing how B2B payments are financed, today announced it has raised a $24 million Series A led by White Star Capital, with continued participation from existing investors Portage and QED. OatFi solves one of the most fundamental pain points in B2B commerce: payment terms. By embedding its under...
Bluefin wins 2025 Fortress Cybersecurity Award for ShieldConex orchestration
Tuesday, June 03, 2025 17:30:36 (UTC)
Jun 3, 2025 9:30 AM Eastern Daylight Time Bluefin Wins 2025 Fortress Cybersecurity Award for ShieldConex® Orchestration Share ATLANTA--(BUSINESS WIRE)--Bluefin, a global leader in payment and data security, today announced it has been named a winner in the 2025 Fortress Cybersecurity Awards, presented by the Business Intelligence Group. Bluefin was honored in the category of Leading Cybersecurity Products and Services for its ShieldConex® Orchestration platform – an innov...
VoCoVo expands North American presence with BlueStar distribution agreement
Tuesday, June 03, 2025 17:27:38 (UTC)
CHICAGO, IL, June 3, 2025 – VoCoVo, the retail in-store team communications specialists, today announced a strategic partnership with BlueStar, a global distributor of B2B electronics for retail and other industries. The collaboration opens VoCoVo to BlueStar’s extensive network of resellers and warehouses across North America, including the USA and Canada, while equipping the distributor with the market-leading solution in an up-and-coming market segment. VoCoVo will leverage BlueSta...
Velera to provide Peach State FCU with credit, debit card processing
Tuesday, June 03, 2025 17:25:15 (UTC)
St. Petersburg, Fla. (June 3, 2025) – Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, is pleased to announce it is providing Peach State Federal Credit Union (Peach State FCU) with debit and credit card processing support. Peach State FCU serves over 70,000 members throughout Georgia and South Carolina and has $1+ billion in assets. Originally founded in 1961 as Gwinnett Teachers Credit Union by a...
Finastra to transform Banco de Costa Rica's global transaction automation
Tuesday, June 03, 2025 17:22:44 (UTC)
LAKE MARY, Fla. and SAN JOSÉ, Costa Rica, June 3, 2025 /PRNewswire/ -- Finastra, a global provider of financial services software applications, and TCMpartners, a leading consulting firm in digital transformation within the financial services industry, today announced that Banco de Costa Rica (BCR) has signed a strategic agreement to launch its International Trade Automation Project. The project is powered by Finastra's Payments To Go and Trade Innovation solutions and facilitated by TCMpartner...
One in every 50 children fall victim to identity theft each year
Tuesday, June 03, 2025 17:17:59 (UTC)
London, June 3, 2025—LSEG Risk Intelligence today publishes a report drawing attention to the global rise in child identity theft. The report calls out the impact of child identity theft, the risks to financial institutions, and highlights the growing threat of synthetic identity fraud. It outlines practical actions financial institutions may adopt immediately such as identity, age and third-party verification together with transaction monitoring for child-linked accounts and multi-layered se...
#1 cyber threat: software supply chain attacks targeting industry
Tuesday, June 03, 2025 17:15:21 (UTC)
Düsseldorf, 3 June 2025 – The German industrial sector is experiencing an increasing number of cyberattacks targeting smart, embedded systems through the software supply chain. These attacks often infiltrate systems through third-party components, software libraries, or compromised firmware updates. Düsseldorf-based cybersecurity firm ONEKEY, which operates the Product Cybersecurity & Compliance Platform (OCP) for automated analysis of embedded system software, is drawing attention to this i...
