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FUTR Launches Payments 2.0, Expanding Its Auto Payments Business and Laying the Groundwork for Intelligent Finance
Newsfile· 2025-11-19 13:30
Core Insights - The FUTR Corporation has launched Payments 2.0, a modern auto payments platform aimed at enhancing dealer onboarding, uncovering savings opportunities, and managing financial flows more effectively [1][2][3] Group 1: Product Features and Enhancements - Payments 2.0 includes a self-serve dealer portal for instant onboarding and account setup, improved savings workflows, faster treasury and settlement processing, expanded data integrations, and a unified platform architecture [6] - The platform is designed to support both current auto payment flows and future agent-powered utilities, providing a flexible API foundation for further integrations across loans, payments, and financial services [6][7] Group 2: Market Position and Growth Potential - FUTR currently supports over 250 enterprise dealers, connects to more than 1,500 financial institutions, and has facilitated payments to over 900 lenders, indicating a strong foundation for growth [5] - The launch of Payments 2.0 is expected to accelerate the growth of FUTR's payments business and position the company for the next phase of its roadmap, focusing on intelligent, agent-driven features [2][3]
第十九届深圳国际金融博览会开幕 发布多项成果
Zhong Guo Xin Wen Wang· 2025-11-19 11:22
Core Viewpoint - The 19th Shenzhen International Financial Expo aims to position Shenzhen as a global industrial financial center, emphasizing the integration of technology and finance to drive future growth [1]. Group 1: Event Overview - The expo features the theme "New Heights in Industrial Finance, Empowering the Future with Technology" and includes parallel conferences such as the 2025 Shenzhen International Financial Conference and the 2025 Financial Technology Conference [1]. - Shenzhen's government aims to enhance cooperation with APEC economies and strengthen its role as a significant global financial center [1]. Group 2: Financial Initiatives - The People's Bank of China plans to guide financial institutions in leveraging "digital technology + data elements" to support high-quality financial development [3]. - A joint action plan between Shenzhen and Hong Kong aims to deepen financial cooperation and enhance Hong Kong's status as an international financial center [3]. Group 3: Cross-Border and Sectoral Developments - A memorandum on gold sector cooperation between Hong Kong and Shenzhen was released, focusing on building a regional gold ecosystem and enhancing regulatory collaboration [5]. - Shenzhen's cross-border RMB services for foreign trade have seen increased volume and improved convenience, with rapid growth in account transaction amounts [5]. - A work plan for promoting high-quality development in technology insurance from 2026 to 2028 was announced, along with supporting policies from various districts [5]. Group 4: Participation and Exhibitors - Over 20 cross-border institutions, including major foreign banks, participated in the expo, showcasing the growing international presence in Shenzhen's financial sector [7]. - More than 30 fintech companies from areas like Futian and Nanshan attended, highlighting the region's innovation in financial technology [7]. - The expo introduced a government-guided fund exhibition area, featuring 29 star enterprises and 45 innovative companies, along with 11 series of industry-finance matching activities [7].
Broadridge and Xceptor Partner to Transform Global Tax Reclaims and Asset Servicing Operations
Prnewswire· 2025-11-19 07:00
Core Insights - Broadridge Financial Solutions has announced a strategic partnership with Xceptor to create a unified digital platform that automates the global tax relief and tax reclaim lifecycle, enhancing compliance and minimizing risk across global markets [1][2][3] Group 1: Partnership and Solution Overview - The partnership aims to deliver a comprehensive asset servicing solution that addresses the increasing complexity of tax operations faced by financial institutions due to regulatory requirements and rising transaction volumes [2] - The integrated solution combines Broadridge's asset servicing infrastructure with Xceptor's intelligent tax automation, allowing clients to transition from manual processes to automated workflows, improving accuracy and compliance [2][3] - The new offering will facilitate automated data flows, centralized documentation, and regulatory updates, enabling clients to identify tax relief opportunities and manage documentation efficiently [2][3] Group 2: Industry Impact and Goals - This collaboration supports Broadridge's objective of providing the most comprehensive end-to-end asset servicing platform, addressing the industry's need for a scalable and compliant tax automation framework [3] - The solution is designed to enhance operational efficiency, improve client outcomes, and future-proof operations against evolving market and regulatory changes [3] Group 3: Company Backgrounds - Broadridge Financial Solutions is a global technology leader that processes over 7 billion communications annually and supports daily trading of over $15 trillion in securities [5] - Xceptor specializes in data automation for financial institutions, serving over 125 clients and 11,500 users across 60 countries, focusing on minimizing risk and streamlining processes with AI [6][7]
Block Calls for $600 Tax Exemption to Bridge Bitcoin's Usability Gap
PYMNTS.com· 2025-11-18 19:32
Core Perspective - The company aims to position bitcoin as practical everyday money and an alternative payment method that bypasses intermediaries and reduces fees [1][4]. Group 1: Campaign and Tax Exemption - Block launched a campaign advocating for a de minimis tax exemption up to $600 to modernize how bitcoin is treated under U.S. tax law [4][6]. - The campaign emphasizes that bitcoin should be treated like money when used as such, aligning with the vision presented in Satoshi Nakamoto's 2009 bitcoin white paper [5][8]. Group 2: Merchant Value Proposition - The new Square bitcoin payment option allows millions of U.S. merchants to accept bitcoin directly at the point of sale, aiming to reduce processing costs that typically exceed 3% for credit card transactions [6][9]. - The zero-fee structure of bitcoin payments is highlighted as a significant advantage for merchants [6][9]. Group 3: Educational and Regulatory Aspects - The campaign focuses on educating consumers about the ease of using bitcoin for transactions, showcasing real-time payment flows to diminish educational barriers [8]. - The company frames the issue as one of classification, advocating for a unique regulatory approach to bitcoin as an asset class that does not fit neatly into existing frameworks [7][8]. Group 4: Long-term Vision - Block envisions a future where bitcoin payments serve as a parallel network competing on efficiency, potentially benefiting both merchants and the broader economy [9]. - The company believes that the long-term economic impact could be quantifiable, enhancing merchants' profitability and contributing positively to the economy [9].
Zacks Investment Research Brings AI-Ready Equity Research to Microsoft 365 Copilot
Globenewswire· 2025-11-18 19:05
Core Insights - Zacks Investment Research has launched the Zacks Equity Research Agent for Microsoft 365 Copilot, integrating its research and data into Microsoft 365 workflows, enhancing enterprise-grade controls [1][4] - This integration allows financial professionals to access Zacks' proprietary equity research and datasets directly within Microsoft applications, improving efficiency and speed in research tasks [2][5] Product Features - The Zacks Equity Research AI Agent provides access to analyst-written reports for 1,100 major companies and quantitative research on an additional 3,500 smaller firms, along with fundamental earnings, estimates, and broker data [3][8] - Users can perform various tasks such as researching and comparing stocks, preparing for earnings calls, and generating sector briefings without leaving Microsoft applications like Word, Excel, PowerPoint, Outlook, or Teams [5][8] Strategic Partnership - The partnership between Zacks and Microsoft aims to streamline workflows for financial professionals, enabling them to access trusted information quickly and efficiently [4][5] - The integration is positioned as a significant advancement in the AI era, enhancing the capabilities of financial professionals [4]
OpenAI and Intuit Aim to Turn ChatGPT Into Financial Guru
PYMNTS.com· 2025-11-18 17:05
TurboTax maker Intuit has launched a partnership with artificial intelligence (AI) startup OpenAI.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The collaboration, announced Tuesday (Nov. 18), will let users of Op ...
FDCTech Reports Strong Q3 2025 Results with Return to Profitability and Momentum Building into Q4 2025 with Strategic Acquisition
Globenewswire· 2025-11-18 17:00
Q3 2025 Highlights Include Net Income of $755,408 and a Major Post-Quarter Strategic Acquisition. Irvine, CA, Nov. 18, 2025 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced its unaudited financial results for the three months ended September 30, 2025. Q3 2025 Financial Highlights Total Revenue: $5.90 million for Q3 2025, representing continued execution ac ...
Investing.com Launches AI Tool That Generates Precise Trading Indicators
Yahoo Finance· 2025-11-18 16:26
Investing.com launched an AI-powered chart analysis feature on Nov. 18 that the company characterized as using Vision AI to interpret charts visually. Testing of the tool revealed output precision that usually requires calculated numerical data rather than image processing. The tool generates complete trading plans with specific technical indicators, according to the announcement. The platform serves more than 60 million investors monthly and covers cryptocurrencies, stocks, forex, and other assets. CTO ...
KMX INVESTOR ALERT: CarMax, Inc. (KMX) Class Period in Securities Class Action Expanded Amid CEO Termination-- Hagens Berman
Prnewswire· 2025-11-18 16:06
Expanded Class Period: June 20, 2025 – Nov. 5, 2025Lead Plaintiff Deadline: Jan. 2, 2026Visit:www.hbsslaw.com/investor-fraud/kmxContact the Firm Now: [email protected]      844-916-0895 CarMax, Inc. (KMX) Securities Class Action Litigation: The newly filed class action is brought on behalf of investors who purchased or otherwise acquired CarMax securities between June 20, 2025 and November 5, 2025. The litigation is focused on the propriety of CarMax's disclosures about the strength of its business ...
Fiserv, Inc. (FI) Faces Lawmakers' Scrutiny After Admission to Objectively Difficult-to-Achieve Guidance Assumptions, "'Abysmal'" Q3 2025 Results - Hagens Berman
Prnewswire· 2025-11-18 16:06
Core Viewpoint - Senate Democrats are investigating Fiserv, Inc. and its former CEO Frank Bisignano regarding potential mismanagement and misleading financial forecasts that led to significant investor losses [2][7]. Group 1: Financial Performance and Forecasts - Fiserv's stock price dropped 47% on October 29, 2025, following the release of Q3 2025 financial results, which were described as "abysmal" by analysts [2][5]. - The company revised its organic revenue growth expectations down to 3.5%-4% from a previously higher forecast, and adjusted its EPS outlook to $8.50-$8.60 [5][6]. - Fiserv's new CEO, Michael Lyons, indicated that previous growth assumptions were overly optimistic and difficult to achieve, leading to a reassessment of the company's financial guidance [6][7]. Group 2: Legal Actions and Investigations - A securities fraud class action lawsuit has been filed against Fiserv, representing investors who acquired securities between July 23, 2025, and October 29, 2025 [3][4]. - The investigation focuses on whether Fiserv misled investors regarding its business and growth prospects, particularly in light of the drastic share price decline [7][8]. - Hagens Berman is actively seeking information from investors who suffered losses and is investigating the claims related to Fiserv's financial disclosures [2][9].