(BUSINESS WIRE) -- Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with operations in Latin America, Asia Pacific and Europe, for $1 billion in cash.

By acquiring Pismo, Visa will be positioned to provide core banking and issuer processing capabilities across debit, prepaid, credit and commercial cards for clients via cloud native APIs. Pismo’s platform will also enable Visa to provide support and connectivity for emerging payment rails, like Pix in Brazil, for financial institution clients.

“Through the acquisition of Pismo, Visa can better serve our financial institution and fintech clients with more differentiated core banking and issuer solutions they can offer their customers,” said Jack Forestell, Chief Product and Strategy Officer, Visa.

"At Pismo, we aim to enable our clients to launch cutting-edge payments and banking product ... Read more »

VANCOUVER, British Columbia - Thursday, 29. June 2023

(BUSINESS WIRE) -- Quectel Wireless Solutions, a global IoT solutions provider, today released a comprehensive whitepaper shedding light on the positive contributions of IoT technology to society and the environment. Titled 'Why IoT Technology is a Force for Good,' this publication explores the transformative role of IoT in fostering a safer, healthier, and more sustainable society.

With the number of IoT connected devices forecast by GSMA Intelligence to double between 2021 and 2030 to 37 billion*, device original equipment manufacturers (OEMs) are increasingly embracing IoT as a powerful tool for driving digital transformation and generating significant benefits for the world. Over 7,000 Quectel customers across the globe are revolutionizing various industries and enhancing efficiency, safety, sustainability, and overall quality of life by integrating IoT technologies into their devices. IoT-enabled devi ... Read more »

London, United Kingdom - Wednesday, 28. June 2023 AETOSWire Print 

The company’s Data and AI-Powered Risk Decisioning Platform offers a streamlined single point of access to credit bureaus and data sources for more accurate credit decisioning

(BUSINESS WIRE) -- Provenir, a global leader in data and AI-powered risk decisioning software, today announced it has been awarded the Best AI-Driven Credit Decisioning Solution Provider of the Year at the annual Africa Bank 4.0 Awards for North Africa.

The Africa Bank 4.0 Awards recognises the pioneers and visionaries who are transforming the fintech industry and making financial services in Africa more accessible, innovative, convenient and affordable. Every year, they acknowledge the startups, banks and technology providers that are developing breakthrough technologies focused on financial inclusion.

Provenir’s data and AI-powered risk decisioning software allows businesses worldwide to easily ... Read more »

NEW YORK & REDMOND, Wash. - Thursday, 29. June 2023
Strategic Partnership for Next-Gen Solutions Built on Microsoft Azure OpenAI Service, Microsoft Fabric, and Microsoft Teams and Moody’s Proprietary Data to Empower Financial Services, Capital Markets and More

(BUSINESS WIRE) -- Moody’s Corporation (NYSE:MCO) and Microsoft (NASDAQ: MSFT) today announced a new strategic partnership to deliver next-generation data, analytics, research, collaboration and risk solutions for financial services and global knowledge workers. Built on a combination of Moody’s robust data and analytical capabilities and the power and scale of Microsoft Azure OpenAI Service, the partnership creates innovative offerings that enhance insights into corporate intelligence and risk assessment, powered by Microsoft AI and anchored by Moody’s proprietary data, analytics and research.

Strategic Partnership Highlights

Microsoft and Moody’s are co-creating ... Read more »

LONDON - Thursday, 29. June 2023

For the past nine years, NTT has been the official technology partner to the Tour de France, working to deliver innovative experiences to fans, and digitally transform race operations.
Last year, NTT extended its solution to support the inaugural women’s race, the Tour de France Femmes avec Zwift.
 

(BUSINESS WIRE) -- NTT Ltd., a leading global IT infrastructure and services company, today announced it is enhancing its technology offering for the Tour de France and Tour de France Femmes avec Zwift to bring IoT, edge connectivity, and edge computing to the forefront of the famous sporting event.

In 2023, NTT will bring a greater focus on the combined value of these technologies for real-time analytics. NTT will integrate IoT and edge to create the world’s largest “connected stadium” by setting up a digital twin of the race, which will connect layers of real-time information to replicate ... Read more »

New Partnership Agreement Enables Data Scientists Greater Flexibility to Scale Esri’s ArcGIS Capabilities

(BUSINESS WIRE) -- Data scientists must often transform gigabytes or terabytes of data—collected from trillions of sources—into valuable insights by finding new ways to make their data work harder. Spatial analysis has become a critical piece of the data science toolkit, enriching all forms of data with geographic context. This allows analysts to uncover patterns, make predictions, and optimize workflows to create operational efficiencies. To support the needs of these professionals, Esri, the global leader in location intelligence, has partnered with Databricks, the data and AI company. The collaboration will provide users with the advanced spatial analytics capabilities of Esri’s ArcGIS software easily accessible in Databricks’ big data platform, the Databricks Lakehouse Platform.

“The Databricks Lakehouse Platform merges dat ... Read more »

LONDON 
Organizations can now unify disparate consolidation and reporting activities with one easy-to-use solution.

(BUSINESS WIRE) -- Board, a leading global provider of Intelligent Planning solutions that empower organizations to plan smarter, take actionable insights, and deliver better outcomes, today announced the launch of the all-new Board Group Consolidation and Reporting offering. Board Group Consolidation and Reporting is offered as part of the Board Intelligent Planning Platform, which accelerates digital transformation of financial processes—while minimizing costs, manual efforts, and risks typically associated with such initiatives.

“The financial consolidation and reporting process can be a significant burden for many organizations, consuming valuable time and resources that could be better utilized to support performance management and decision-making. The Board Intelligent Planning Platform has the power to rapidly bring any fin ... Read more »

Global service for ‘WITH: Whale In The High’ will be opened on June 29th at 3 pm (KST)!

(BUSINESS WIRE) -- Gravity (NASDAQ: GRVY), a global game company, opens its official global service for ‘WITH: Whale In The High’, a mobile relaxing idle game, on June 29th at 3 pm (KST, UTC+9).

‘WITH: Whale In The High (WITH)’ is a mobile relaxing idle game published by Gravity and developed by Skywalk, a mobile game developer. In WITH, the main story unfolds after the main character, Wiz, winds up on the back of a whale by accident.

Users can decorate the Wiz village to their tastes with the main content such as hideout expansion and Wiz decoration while playing the game. Numerous contents including interacting with whales, decorating aquariums, taking pictures, etc., and trendy expressions of each Wiz’s characteristics using MBTI are expected to deliver a variety of entertainment.

The beautiful pastel-colored graphics an ... Read more »

LAS VEGAS - Thursday, 29. June 2023 AETOSWire 

New online tools assist Oracle and SAP licensees in pinpointing solutions that can lower total cost of ownership, improve and secure their systems and refocus IT resources towards strategic projects that can lower costs, improve profitability, increase competitiveness and accelerate growth

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced two free, online tools that work in minutes to help Oracle and SAP clients identify and unlock significant potential savings from their existing ERP investments: Rimini Street Savings Calculator for Oracle and Rimini Street Savings Calculator for SAP. Clients who choose Rimini Street have saved more than $7 billion to date, at the same time receiving more responsive and ... Read more »

(BUSINESS WIRE) -- Fidelis Insurance Holdings Limited, a global (re)insurance company, headquartered in Bermuda with offices in Ireland and the United Kingdom (the “Company”), announced today the pricing of its initial public offering of an aggregate of 15,000,000 common shares at a price to the public of $14.00 per common share. Of the offered shares, 7,142,857 are being offered by the Company and 7,857,143 are being offered by certain of the Company’s existing shareholders. In addition, the underwriters have been granted a 30-day option to buy up to an additional 2,250,000 common shares from the selling shareholders at the initial public offering price, less underwriting discounts and commissions. The common shares are expected to begin trading on the New York Stock Exchange under the ticker symbol "FIHL" on June 29, 2023, and the offering is expected to close on July 3, 2023, subject to the satisfaction of customary closing conditions.

The Comp ... Read more »