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义合控股(01662.HK)附属Trio AI与ABBY Pay达成策略合作 共研AI驱动支付方案
Ge Long Hui· 2025-12-04 13:25
根据谅解备忘录,订约双方有意于以下领域合作:(a)共同研发以人工智能为基础的支付处理解决方 案;(b)将Trio AI平台整合至ABBY Pay支付基础设施架构;(c)透过先行项目测试并验证人工智能驱动的 支付创新技术;(d)知识共享、技术工作坊及培训课程;及(e)针对成功计划进行联合行销与共同宣传。 格隆汇12月4日丨义合控股(01662.HK)宣布,于2025年11月26日,公司非全资附属公司Trio AI Limited(「Trio AI」)与ABBY Pay&Tech Holdings Limited(「ABBY Pay」)订立一份不具法律约束力的谅 解备忘录,据此双方同意发挥互补优势,建立战略合作关系,以共同探索、开发及实施创新的人工智能 驱动之支付处理解决方案,从而提升效率、安全性及客户体验。该谅解备忘录自签署日期起计为期12个 月。 ...
Nubank plans to secure Brazilian banking license next year
Yahoo Finance· 2025-12-04 11:17
Brazilian digital financial services platform Nubank plans to secure a banking licence in Brazil in 2026. This announcement comes after Brazilian regulators moved the prevention of non-bank companies from using the word “bank” in their brands, reported Bloomberg. Nubank has more than 110 million customers and a market valuation of $85bn. Previously, Nubank was able to offer credit cards and open accounts without holding a traditional banking license due to regulatory provisions that permitted such activ ...
KLAR INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Launches Investigation into Klarna Group plc, and Encourages Investors and Potential Witnesses to Contact Law Firm
Businesswire· 2025-12-04 11:00
Group 1 - Klarna Group plc is under investigation for potential violations of U.S. federal securities laws, focusing on whether the company and its executives made materially false or misleading statements regarding its business operations [1][2] - The law firm Robbins Geller Rudman & Dowd LLP is leading the investigation and has a strong track record in securities fraud cases, having recovered over $2.5 billion for investors in 2024 alone [3] - Klarna provides payment, advertising, and digital retail banking solutions to consumers and merchants, indicating its role in the financial technology sector [2] Group 2 - Robbins Geller is recognized as one of the leading law firms in securities fraud and shareholder litigation, having secured the most monetary relief for investors in four out of the last five years [3] - The firm has a significant history of obtaining large recoveries in securities class action cases, including the largest recovery of $7.2 billion in the Enron case [3] - The investigation may impact Klarna's reputation and investor confidence, depending on the findings related to the alleged misleading statements [1][2]
PayPal stock price forecast: Is this fintech giant a buy?
Invezz· 2025-12-04 10:56
PayPal stock price has been a top laggard in the past few years, with any attempts to rebound facing substantial resistance. PYPL was trading at $61.25 on Thursday, down by 35% from its highest point ... ...
X @Bloomberg
Bloomberg· 2025-12-04 09:56
Leonteq’s shares slumped to a record low after the Swiss fintech warned it would lose more than 10 million francs this year https://t.co/it6rN8wQwa ...
Jack Henry & Associates, Inc. (JKHY) Presents at UBS Global Technology and AI Conference 2025 Transcript
Seeking Alpha· 2025-12-04 07:43
Group 1 - UBS Investment Bank is hosting a conference featuring Jack Henry, highlighting the importance of collaboration in the fintech and payments processing sector [1][2] - The presence of key executives such as Vance, the Head of IR, and Greg Adelson, the CEO, underscores the significance of the event for industry stakeholders [2]
Vodafone to gain control of and fully consolidate Safaricom
Globenewswire· 2025-12-04 07:02
Core Insights - Vodafone Group's African subsidiary, Vodacom, is set to acquire a 20% stake in Safaricom Plc, Kenya's leading telecom operator, increasing its ownership to 55% [1][8] - The acquisition involves purchasing 15% from the Government of Kenya for €1.36 billion (KES 204 billion) and 5% from Vodafone for €0.45 billion (KES 68 billion) [1][4] - The acquisition is expected to close in the first quarter of 2026, pending regulatory approvals in Kenya, South Africa, and Ethiopia [5][6] Transaction Rationale - The acquisition allows Vodafone and Vodacom to gain controlling ownership of a successful telecom and financial services business in Africa [3] Company Overview - Safaricom, listed on the Nairobi Securities Exchange, has a market capitalization of €7.7 billion and is the largest telecom company in Kenya [4] - The company has a significant portfolio, including a majority shareholding in Safaricom Ethiopia and the M-Pesa fintech platform, which has over 100 million daily transactions and 38 million customers in Kenya [4] - For the six months ending September 30, 2025, Safaricom's service revenue in Kenya increased by 9.3%, driven by a 14% growth in M-Pesa revenue [4]
Broadridge's Distributed Ledger Repo Platform Processes $368 Billion in Average Daily Trade Volumes in November
Prnewswire· 2025-12-04 07:00
Core Insights - Broadridge Financial Solutions reported a significant increase in its Distributed Ledger Repo (DLR) platform, processing an average of $368 billion in daily repo transactions in November 2025, marking a 466% year-over-year growth compared to November 2024, with total volumes reaching $7.4 trillion [1] - The shift towards tokenization is transforming global capital markets, enhancing efficiency, liquidity, and investor access, as stated by Horacio Barakat, Head of Digital Innovation at Broadridge [2] - Broadridge's technology supports over 7 billion communications annually and facilitates daily trading of over $15 trillion in various securities globally, highlighting its critical role in the financial services industry [4] Company Overview - Broadridge Financial Solutions is recognized as a global technology leader, providing transformative technology and expertise to help clients in the financial services sector operate and innovate [3] - The company employs over 15,000 associates across 21 countries and is part of the S&P 500 Index, emphasizing its significant presence in the industry [4]
KLAR INVESTOR ALERT: Hagens Berman Scrutinizing Klarna (KLAR) Amid 102% Spike in Credit Loss Provision Risk Tied to Fair Financing Growth
Businesswire· 2025-12-04 01:38
Core Insights - The provision for credit losses increased by 102% year-over-year, indicating a significant rise in expected credit losses [1] - The provision as a percentage of Gross Merchandise Volume (GMV) rose to 0.72%, which is 38% higher than the prior 12-month period, reflecting increased lending risk [1] - The increases in provisions were driven by the upfront provisions required to support a 139% growth in the Fair Financing portfolio, suggesting aggressive expansion strategies [1] Financial Metrics - Provision for Credit Losses: Increased by 102% year-over-year [1] - Provision as a percentage of GMV: Rose to 0.72%, a 38% increase compared to the previous year [1] - Growth in Fair Financing portfolio: 139% increase, necessitating higher upfront provisions [1] Legal Focus - There are concerns regarding whether the Offering Documents misled investors about expected provision trends and lending risk [1] - Questions arise about whether the Offering Documents obscured the credit loss risk associated with GMV growth [1] - Legal scrutiny is focused on whether the Offering Documents failed to disclose the adverse impact of aggressive Fair Financing expansion on the company's financial health [1]
Wellfield Technologies Inc. Announces Expiry of Agreement with Leonovus
Newsfile· 2025-12-04 00:02
Core Points - Wellfield Technologies Inc. announced the expiration of the amended and restated share purchase agreement with Leonovus Inc. for the acquisition of its subsidiary, Tradewind Markets Inc., as the deadline of November 30, 2025, lapsed without an extension [1] Company Overview - Wellfield Technologies, Inc. is a leading fintech company that specializes in innovative solutions utilizing blockchain technology [2] - The company's platform, Coinmama, provides access to the cryptocurrency market for over 3.5 million registered users across 180 countries [2] - Wellfield also operates the Tradewind Markets platform, which digitizes and trades real-world assets, including its flagship products, VaultChain™ Gold and VaultChain™ Silver [2]