Payment Innovations, Tax Season and World Economic Forum Recap: The Latest in Finance News

A look at the finance industry news from PR Newswire in January and February that you might have missed.

 

 

By Daniela Valles | Published March 18, 2024

 

2024 is well underway and with all of the to-dos of a new year, we know it can be difficult to stay up-to-date with all the stories crossing the wire. Our team at PR Newswire has you covered and we've been monitoring the recent finance-related headlines and identified the key trends during the last two months. 

Throughout January and February, PR Newswire distributed over 7,500 press releases related to the finance industry. The recurring topics and trends our team identified included payment solution innovations, tax season prep and news out of the World Economic Forum.

Before we dive into these trends, let’s take a look at the most popular finance press releases of the last two months.

Some of the Most Popular Finance Releases

These were some of the most-read finance-related announcements of January and February:

• Capital One to Acquire Discover
• HTX Pi Network: The Mobile-First Crypto Revolutionizing Mining and Trading
• The Cigna Group to Sell Medicare Businesses and CareAllies to Health Care Service Corporation (HCSC)
• Deloitte Launches New Generative AI-powered Solution on RelativityOne and Relativity Server to Help Organizations Accelerate Document Review, Employee Conduct Investigations, PII Identification and Compliance Activities

Finance News Trends

Here’s a look at a few of the trends we noticed among finance-related press releases in January and February, with a few examples of each.

Payment Solution Innovations

In today’s digital age, the world of payment solutions keeps innovating and transforming. The evolution from traditional cash transactions to seamless digital payments has revolutionized commerce and it was a hot topic at PR Newswire these past two months.

The global digital payment industry is anticipated to generate $457.8 trillion by 2032 and it's evident that consumers like and want flexible options. According to Forbes, consumers demand convenience, efficiency, choice and security in their payment options.

Below you can find examples of recent press releases related to payment solutions that caught our attention:

• PatientNow and Synchrony Enhance Partnership to Transform Payments and Digital Account Management Solutions For The Cosmetic Industry
• PayPal and Venmo Unveil Six New Innovations to Revolutionize Commerce
• Karma Wallet Ignites Sustainable Finance Revolution with $2M+ Backing and Groundbreaking Card
• BitPay Adds Support for Over 100 New Cryptocurrencies
• Mercury® Financial Partners with Amazon to Deliver Even More Convenience to Customers

World Economic Forum Recap

The 54^th World Economic Forum took place from January 15-19 in Davos, Switzerland, where global leaders from politics, business and academia got together to discuss pressing issues affecting the world. This year’s theme was “Rebuilding Trust.”

During this year’s forum, global influencers discussed ideas and initiatives around economic growth, achieving security and cooperation in a fragmented world, climate change and AI.

Nearly 100 press releases related to the forum were distributed in January and February. Take a look at a few examples that caught our eye:

• New Global Initiative to Advance Digital and AI-Driven Transformation of Healthcare Systems
• 2024 Business Forecast: Tech-Driven Optimism Meets Rising Geopolitical Challenges
• Bitget Blockchain4Her Project Empowers Women With $10 Million Commitment to Promote Gender Diversity in Web3
• Resecurity Partners with Cybercrime Atlas Initiative by World Economic Forum (WEF)
• Intelligent Energy is 'Powering the Hydrogen Future' with High Efficiency Fuel Cell Innovations Developed on Rescale

Tax Season

The 2024 tax season began the last week of January and continues until April 15. According to the IRS, more than 128.7 million individual tax returns are expected to be filed by that day.

Across the wire, companies have been sharing their tips and tools to ensure a smooth tax filing. Here are some examples of press releases related to tax season that you might have missed:

• Marygold & Co Partners with AI-Driven Tax Company april to Offer Free Tax Filing
• Help Ensure Accurate Taxes with these W-2 Tips from PayrollOrg
• Vade Enhances Spear-Phishing Detection Using Generative AI for Next-Generation Threats
• ZenLedger Joins Forces with april to Launch First End-to-End Tax Filing Experience for Crypto & Digital Assets
• Over Half of Americans are More Concerned About Their Financial Situation Than Last Year

Looking Ahead

With Financial Literacy Month coming up in April, we expect to see plenty of noteworthy stories crossing the wire. We will continue to monitor these and other finance-related announcements and keep you up to date with the financial trends in the upcoming months.

 

 

About the Author

Daniela Valles is a Customer Content Specialist for PR Newswire from Albuquerque, NM. She has a bachelor’s degree in Journalism and Mass Communication from the University of New Mexico. Outside of work, you can find her always on the go with her two kids, reading a good book, or binge-watching all of the shows.