Weekly Recap: 10 Finance Press Releases You Need to See

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'™ 
   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.

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