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Weekly Recap: 14 Finance Press Releases You Need to See


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A roundup of the most newsworthy financial press releases from PR Newswire this week, including the launch of PayPal World and a recap of second quarter earnings reports.

, /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. Introducing PayPal World: a global platform connecting the world's largest payment systems and digital wallets, starting with interoperability to PayPal and Venmo
    Leveraging open commerce APIs, PayPal World solves the complexity of cross border commerce with a cloud native, multi-region deployment architecture that ensures low latency and high availability worldwide.
  2. New Rakuten American Express® Card, Powered by Imprint, Offers an Extra Four Percent Cash Back on Rakuten Purchases
    With the Rakuten Card, cardholders will receive an extra four percent Cash Back on top of what they already earn while shopping on Rakuten's platform of more than 3,500 stores, in-person, or online, up to the first $7,000 of credit card spending each calendar year.
  3. PNC Bank, Coinbase Announce Strategic Partnership to Advance Digital Asset Solutions and Expand Banking Services
    This partnership brings together PNC's legacy of client service and innovation with the institutional-grade infrastructure of Coinbase's Crypto-as-a-Service (Caas) platform to power secure, scalable crypto access for PNC's clients.
  4. The Conference Board Leading Economic Index® (LEI) for the US Declined in June
    "For a second month in a row, the stock price rally was the main support of the LEI. But this was not enough to offset still very low consumer expectations, weak new orders in manufacturing, and a third consecutive month of rising initial claims for unemployment insurance," said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board.
  5. T-Mobile Arena Launches Dedicated Venue App, Developed By Everi, to Enhance Fan Experience
    This collaboration is part of Everi's strategic expansion into sports and entertainment, following its acquisition of the assets of Venuetize in 2023, and builds upon the successful deployment of the Vegas Golden Knights mobile app and Gulfstream Park Racing mobile app, which also utilizes Everi's BeOn™ Venue platform.
  6. Newly Launched Deloitte and Palantir Strategic Alliance Delivering Tangible Outcomes, Accelerating Transformation for Clients' Modern Enterprise Functions
    Deloitte and Palantir's joint clients are already leveraging the EOS for financial and grants management, audit readiness, HR processes, supply chain visibility, ERP modernization and AI-driven process automation to deliver key mission and business impacts.
  7. Polymarket Acquires CFTC-Licensed Exchange and Clearinghouse QCEX for $112 Million The transaction marks a significant step toward expanding access to Polymarket's category-defining platform in the United States, enabling more users than ever to trade prediction market contracts with regulatory clarity and confidence.
  8. Instructure and OpenAI Announce Global Partnership to Embed AI Learning Experiences within Canvas
    This groundbreaking collaboration represents a transformative step forward in education technology and will begin with, but is not limited to, an effort between Instructure and OpenAI to enhance the Canvas experience by embedding OpenAI's next-generation AI technology into the platform.
  9. Columbia Banking System and Pacific Premier Bancorp Announce Shareholder and Stockholder Approval for Proposed Acquisition
    "Today's vote is an important step towards uniting our two exceptional and complementary franchises. We look forward to completing the transaction as quickly as possible and leveraging the full breadth of our combined resources and capabilities to support our customers," said Steve Gardner, Chairman, CEO and President of Pacific Premier.
  10. Friendly's Franchisee Acquires Parent Company BRIX Holdings
    The acquisition includes the purchase of Friendly's®, Clean Juice®, Orange Leaf®, Red Mango®, Smoothie Factory + Kitchen™, Souper Salad®, and Humble Donut Co.®.
  11. Chartis Recognizes Appian for AI-Powered Process Orchestration
    These recognitions highlight Appian's role in helping financial institutions modernize risk management, compliance and onboarding through AI and process orchestration.
  12. S&P Dow Jones Indices to Acquire ARC Research, Expanding Wealth Data and Benchmarking Capabilities
    This acquisition will expand S&P DJI's capabilities to deliver innovative, high-quality benchmarks and data solutions tailored to the evolving needs of wealth managers, private banks, and financial advisers.
  13. Palo Alto Networks Completes Acquisition of Protect AI
    The integration of Protect AI's forward-thinking technology and its team of experts will be a cornerstone of Palo Alto Networks' Prisma® AIRS™, the industry's most comprehensive AI security platform.
  14. The Ether Machine to Go Public with Over $1.5 Billion of Fully Committed Capital 
    The company is expected to launch with over 400,000 ETH on its balance sheet, making it the largest public Ether generation company. The Ether Machine is building the largest public vehicle for institutional-grade exposure to Ethereum, offering secure, transparent, and compliant access to ETH-denominated yield.