|
Weekly Recap: 10 Finance Press Releases You Need to See
Wednesday, June 25, 2025
A roundup of the most newsworthy financial press releases from PR Newswire this week, including the brand-new loyalty program from Carnival Cruise Line and PayPal's debut of shoppable advertisements.
NEW YORK, June 20, 2025 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
1. Carnival Cruise Line to Launch New Loyalty Program in 2026 Dubbed
'Carnival Rewards'(TM) The new program will be closely tied to everyday
spending on the co-branded credit card with Barclays - the Carnival
Rewards Mastercard - giving cardmembers the opportunity to earn points
and status even faster.
2. View. Click. Buy. PayPal Storefront Ads Expand Merchant Reach Across the
Web By turning ads into shoppable storefronts, merchants can bring
commerce directly to consumers through advertising. Fueled by the PayPal
transaction graph and powered by PayPal and Venmo's robust payment rails,
Storefront Ads turns recommended products into "buy now" opportunities
right within the ad unit itself.
3. IGT Lottery Becomes Brightstar Lottery "We have a nearly 50-year history
of reliability, innovation, and leadership in lottery, a bedrock from
which we are launching Brightstar with a future-forward mindset of
helping lottery customers around the world succeed in an environment of
digital adoption, shifting player expectations, and an increasing variety
of gaming choices," said Vince Sadusky, CEO of Brightstar.
4. Cash Is Out: Gen Z Turns to Credit Cards in Emergencies The study, which
analyzed responses from 1,000 U.S. adults ranging from Generation Z
(Gen-Z) to Baby Boomers and beyond, found that while 65% of Baby Boomers
who have cash/debit card(s) report maintaining a dedicated cash reserve
for unexpected expenses, only 38% of their Gen Z counterparts do the
same.
5. Happy Money Secures $500 Million Purchase Agreement Led by Fortress
Investment Group and Edge Focus to Expand Access to Responsible Lending
Under the agreement, funds managed by affiliates of Fortress, a leading
global investment manager, and Edge Focus, a fast-growing consumer
credit-focused asset manager, will purchase personal loans facilitated by
Happy Money.
6. Genpact Launches Genpact RapidReplace with Amazon Business to Transform
Personal Property Contents Claims Genpact RapidReplace, a generative
AI-powered solution, streamlines the fulfillment process to enable
straight-through processing (STP) and rapid goods replacement through
Amazon Business for a better customer experience.
7. Nuveen Acquires Leading Custom Multi-Asset Direct Indexing Provider,
Brooklyn Investment Group The move underscores Nuveen's conviction in the
continued growth of direct indexing and multi-asset tax-managed
solutions, which have been one of the fastest growing areas of the asset
management industry, having risen to $864 billion in assets at the end of
2024, representing a 43% compound annual growth rate since the start of
this decade.
8. Market tips toward balance as inventory rises and competition eases
According to the latest market report from Zillow(®), buyers have more
options and lower mortgage rates than last year, but sales remain
sluggish compared to historical norms as buyers grapple with
affordability headwinds.
9. eTip Collaborates with Visa to Deliver Rapid, Secure Digital Tip and Wage
Payments to Digital Wallets "With cash transactions declining, it's
critical that tipping evolves to meet the needs of today's workforce. Our
integration with Visa Direct makes it easier than ever for workers to
access their hard-earned money quickly, empowering them with financial
stability and control," said Nicolas Cassis, co-founder and CEO of eTip.
10. PNC Multifamily Capital Announces $208 Million Affordable Housing Fund,
Increasing Access to Affordable Housing Across the U.S. The investment
will provide a positive impact nationwide by financing the construction
or rehabilitation of more than 2,000 affordable homes in 15 multifamily
properties across 11 states: Alabama, California, Hawaii, Illinois,
Kentucky, Minnesota, Nevada, Ohio, Oregon, Pennsylvania and Texas.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.
Helping Journalists Stay Up to Date on Industry News
These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.
Once they're signed up, reporters, bloggers, and freelancers have access to the following free features:
-- Customization: Users can create customized newsfeeds that will deliver
relevant news right to their inbox. Newsfeed results can be targeted by
keywords, industry, subject, geography, and more.
-- Photos and Videos: Thousands of multimedia assets are available to
download and include in a journalist or blogger's next story.
-- Subject Matter Experts: Journalists will have access to ProfNet, a
database of industry experts to connect with as sources or for quotes in
their articles.
-- Related Resources: Our journalist- and blogger-focused blog, Beyond
Bylines, features regular media news roundups, writing tips, upcoming
events, and more.
About PR Newswire
PR Newswire is the industry's leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world.
For questions, contact the team at media.relations@cision.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/weekly-recap-10-finance-press-releases-you-need-to-see-302487002.html
SOURCE PR Newswire
|
|
|
|
|
|
 |
LendingClub Launches LevelUp Checking | Jun 26, 2025
|
|
Introducing Birdeye's Social AI Publishing Agent: End-to-End AI for Social Media | Jun 26, 2025
|
|
Creative Writing MFA Students Publish Fiction, Poetry and Essays | Jun 25, 2025
|
|
ePayPolicy Recognized as GetApp Leader in 2025 for Payment Processing Software | Jun 25, 2025
|
|
EBANX enables APLAZO's BNPL payments for global e-commerce in Mexico | Jun 25, 2025
|
|
PRIVACY ALERT: Krispy Kreme Doughnut Corporation Under Investigation for Data Breach of Over 160,000 Employee Records | Jun 25, 2025
|
|
Deirdre Stanley to Join PayPal's Board of Directors | Jun 25, 2025
|
|
Independent Grocers Demonstrate Agility Amid Consumer Caution and Operational Challenges, 2025 Financial Study Finds | Jun 25, 2025
|
|
Lightpanel Update Delivers Smarter AI Culling and Faster Lightroom Editing for High-Volume Photographers | Jun 25, 2025
|
|
To counter 'friendly' fraud, Mastercard expands technology to new markets | Jun 25, 2025
|
|
|
|
