Weekly Recap: 13 Finance Press Releases You Need to See
NEW YORK, June 13, 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.
OnePay and Synchrony to Launch New Industry-Leading Credit Card Program With Walmart; Credit Card to Be Powered by Mastercard and Set to Go Live This FallThe program will add credit cards to OnePay's growing portfolio of financial services products, helping consumers save, spend, borrow, and grow their money — all in one place.
Warner Bros. Discovery to Separate into Two Leading Media CompaniesThe Streaming & Studios company will consist of Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, as well as their legendary film and television libraries. Global Networks will include premier entertainment, sports and news television brands around the world including CNN, TNT Sports in the U.S., and Discovery, top free-to-air channels across Europe, and digital products such as the profitable Discovery+ streaming service and Bleacher Report (B/R).
PNC Bank Launches PNC Mobile Accept®, A New Pay-As-You-Go Payment Processing Solution for Micro BusinessesDesigned for businesses processing less than $300,000 in credit and debit card transactions annually, PNC Mobile Accept is a self-service solution that gives business owners fast, secure access to accept funds directly from their phone or tablet with no monthly fee.
BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments"Our clients have been using RTP to pay vendors, employees and customers, but the larger cap has opened up use cases for different kinds of transactions, such as real estate and deal closings and other corporate activity," said AJ McCray, head of Global Payments Products, Global Payments Solutions (GPS) at Bank of America.
Hilco Streambank Seeks Offers for Nikola IP: Hydrogen Fuel Cell & EV Technologies International Patent Portfolio, Software, Data, & Brand Assets"Nikola has developed a robust portfolio of innovative solutions across hydrogen and battery-electric vehicle technologies, with global brand equity and a strategic patent portfolio cited by leading OEMs," said David Peress, Executive Vice President of Hilco Streambank.
Honeywell Completes Acquisition of Sundyne to Expand Process Industry CapabilitiesThe $2.16 billion acquisition of Sundyne expands Honeywell's ESS product portfolio and aftermarket services, integrating critical equipment with automation and control systems powered by Honeywell Forge
Different approach to aerospace and defense program performance could cut costs by 30% and compress delivery timelines by 50%, Bain analysisWith a new executive order now requiring the US Department of Defense to scrutinize major programs that are 15% or more behind schedule or over budget, defense contractors must now act quickly to improve their efficiency and doing so would reap material benefits.
Shutterstock Receives Stockholder Approval for Proposed Merger with Getty ImagesStockholder approval marks an important milestone in the process of combining Shutterstock and Getty Images to create a premier visual content company. The combined company will be well-positioned to meet the ever-changing needs of customers through combined investment in content creation, event coverage, and product and technology innovation.
Visa, Street Soccer USA and Bank of America Join Forces to Expand Access to Soccer in Communities Across the United StatesHarnessing the unifying power of soccer, the companies will provide open park space in six cities to bring people together, foster youth development, and strengthen community ties through sport and purpose-driven programming.
BOXABL Announces Intent to Merge with a SPAC, Targeting Nasdaq ListingThe Proposed Transaction represents a significant step forward in BOXABL's mission to revolutionize affordable, sustainable housing. BOXABL currently has over 50,000 investors, representing an aggregate investment of over $200 million, who have shown support for BOXABL's mission and vision.
PayPal USD (PYUSD) Plans to Use Stellar for New Use CasesStellar is a blockchain designed for fast, low-cost payments and real-world utility. By potentially expanding to Stellar, PYUSD leverages the network's speed, low transaction costs, and ease of integration to enhance its utility for real-world payments, commerce, and micro-financing, offering an additional option to Ethereum and Solana.
Bybit Fast Tracks Payment and Spending Rewards with Unified Program for Bybit Pay and Bybit CardBrand new on Bybit Pay and an upgrade on Bybit Card, the new rewards program offers one rewards track and two ways to spend. Users may switch between Bybit Pay and Bybit Card based on preferences, take advantage of the latest promotions on respective platforms, and put their rewards ambition on the fast track.
Wealthbox Secures $200 Million Investment from Sixth Street Growth to Accelerate Expansion and Innovation The partnership marks a major milestone in Wealthbox's evolution and positions the company to further scale its operations, accelerate product development, and expand its footprint across the wealth management industry.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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Shopping habits also are evolving. TeacherLists, an online platform where individual schools and teachers can upload their recommended supply lists and parents can search for them, was launched in 2012 to reduce the need for paper lists. It now has more than 2 million lists from 70,000 schools. Users have the option of clicking on an icon that populates an online shopping cart at participating retail chains. Some retailers also license the data for use on their websites and in their stores, said Dyanne Griffin, the architect and vice president of TeacherLists. The typical number of items teacher request has remained fairly steady at around 17 since the end of the coronavirus pandemic, Griffin said. 'The new items that had come on the list, you know, in the last four or five years are more the tech side. Everybody needs headphones or earbuds, that type of thing, maybe a mouse,' she said. 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Before the pandemic turned a lot more people into online shoppers, schools and local Parent Teacher Associations embraced the idea of making back-to-school shopping easier by ordering ready-made bundles of teacher-recommended supplies. An extra fee on the price helped raise money for the school. Market data from Edukit , a supplier of school supply kits owned by TeachersList parent company School Family Media, shows that about 40% of parents end up buying the boxes, meaning the other 60% need to shop on their own, Griffin said. She noted that parents typically must commit no later than June to secure a bundle, which focus on essentials like notebooks and crayons. Agudelo said her son's school offered a box for $190 that focused on basics like crayons and notebooks but didn't include a backpack. She decided to pass and shop around for the best prices. She also liked bringing her son along for the shopping trips. 'There's that sense of getting him mentally prepared for the school year,' Agudelo said. 'The box takes away from that.'
