Paysafe to Participate in the RBC Financial Technology Conference on June 10
A live webcast of the fireside chat will be available on the Paysafe Investor Relations website at ir.paysafe.com under the 'Events' section and archived for a limited time.
About Paysafe
Paysafe is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With 29 years of online payment experience, an annualized transactional volume of $152 billion in 2024, and approximately 3,000 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 payment types in 48 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
Rising Tariffs Undercut Caterpillar's Q2 Performance Even As Order Backlog Swells By $2.5 Billion
Caterpillar Inc. (NYSE:) reported second-quarter 2025 revenue of $16.569 billion, down 1 percent from $16.689 billion a year earlier, beating the analyst consensus of $16.17 billion. The adjusted earnings per share of $4.72 missed the $4.90 estimate. GAAP earnings per share were $4.62, compared with $5.48 in the prior-year period. GAAP operating profit was $2.860 billion, representing a 17.3% margin, a decrease of $622 million, or 18% YoY, compared with $3.482 billion. This was primarily due to unfavorable manufacturing costs, which the company repeatedly said "largely reflected the impact of higher tariffs.". Adjusted operating profit was $2.916 billion, with a 17.6% margin, down from 22.4% a year operating cash flow was $3.1 billion for the quarter. Machinery, Energy & Transportation (ME&T) free cash flow was $1.5 billion. The company ended the quarter with $5.4 billion in enterprise cash. During the period, Caterpillar repurchased $800 million of common stock and paid $700 million in dividends. Construction Industries posted sales of $6.190 billion, down 7% from $6.683 billion a year ago. Segment profit declined 29% to $1.244 billion, and the segment margin fell to 20.1% from 26.1%. Management attributed the margin pressure to unfavorable price realization and "unfavorable manufacturing costs largely reflected the impact of higher tariffs." Resource Industries reported sales of $3.087 billion, a 4% decrease year-over-year. Segment profit fell 25% to $537 million. The company again cited "unfavorable manufacturing costs largely reflected the impact of higher tariffs" as a key driver of the profit decline. View more earnings on CAT Energy & Transportation generated $7.836 billion in sales, up 7% from $7.337 billion in the prior-year quarter. Segment profit rose 4% to $1.585 billion, though the margin declined slightly to 20.2%. Higher manufacturing costs due to tariffs contributed to the margin compression. Financial Products revenue rose 4% to $1.042 billion. Segment profit increased 9% to $248 million, driven by higher average earning assets and gains on equity securities, partially offset by increased provision for credit losses. Geographically, North America sales declined about 2 percent to approximately $8.9 billion, while Latin America revenue fell 4 percent. In contrast, EAME (Europe, Africa, Middle East) posted a 6 percent increase in regional sales, and Asia Pacific posted flat or unchanged revenue versus the prior-year quarter. Caterpillar said the order backlog increased by approximately $2.5 billion during the quarter across all primary segments. Outlook The company expects Q3 2025 incremental tariff costs to range between $400 million and $500 million. For the full year, it estimates net incremental tariff costs of $1.3 billion to $1.5 billion. Caterpillar anticipates full-year sales to be slightly higher than 2024 and expects ME&T free cash flow to be around the middle of its $5 billion to $10 billion targeted range. It reaffirmed that full-year adjusted operating profit margin is expected to be in the top half of the targeted range, excluding tariffs, and in the bottom half, including tariffs. In the conference call, the company stated, "Including the net impact from incremental tariffs, we expect third quarter enterprise adjusted operating profit margin to be lower versus the prior year." Price Action: At the last check on Tuesday, CAT shares were trading higher by 0.21% at $434.63. Read Next:Photo via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? CATERPILLAR (CAT): Free Stock Analysis Report This article Rising Tariffs Undercut Caterpillar's Q2 Performance Even As Order Backlog Swells By $2.5 Billion originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
20 minutes ago
- Business Wire
M&T Bank Selects Amperity to Accelerate Customer Data Strategy
SEATTLE--(BUSINESS WIRE)-- Amperity, the AI-powered customer data cloud, announced M&T Bank has selected its platform to unify customer data across the bank's operations. This collaboration will enable M&T Bank, a leading full-service financial institution, to build more comprehensive customer profiles and deliver more personalized banking experiences. "Amperity will enable us to further consolidate customer interactions into a unified view of the customer, helping to deliver more relevant, timely communications to meet our customers' financial needs," said Kim Nupp, Director at M&T Bank. The relationship between M&T Bank and Amperity represents a significant advancement in the bank's customer data capabilities. With Amperity's platform, M&T Bank can now more effectively consolidate fragmented customer information, streamline data management, and deploy insights across channels. This collaboration enables the bank to gain a more comprehensive understanding of customer needs, preferences and behaviors, ultimately leading to enhanced customer experiences across all touchpoints. "In today's competitive banking landscape, understanding our customers across all business lines is essential," said Kim Nupp, Director of Customer 360 Management at M&T Bank. "Amperity's platform will enable us to further consolidate customer interactions into a unified view of the customer, helping to deliver more relevant, timely communications to meet our customers' financial needs.' The implementation of Amperity will support M&T Bank's data-driven strategy by: Better unifying online and offline customer interactions Supporting growth through targeted service offerings Helping to streamline the banking experience across all touchpoints 'M&T Bank is setting the pace for customer-centric innovation in modern banking,' said Tony Owens, CEO of Amperity. 'With Amperity's identity resolution at the core of their data strategy, they've built a modern foundation that gives them a complete view of each customer. This kind of transformation isn't possible without solving identity first - and it's what will separate the leaders from the rest as the industry moves into the next era of personalization.' To learn how companies like M&T Bank are partnering with Amperity visit About Amperity Amperity's Customer Data Cloud empowers brands to transform raw customer data into strategic business assets with unprecedented speed and accuracy. Through AI-powered identity resolution, customizable data models, and intelligent automation, Amperity helps technologists eliminate data bottlenecks and accelerate business impact. More than 400 leading brands worldwide, including Virgin Atlantic, Dr Martens, Wyndham Hotels & Resorts and Reckitt rely on Amperity to drive customer insights and revenue growth. Founded in 2016, Amperity operates globally with offices in Seattle, New York City, London, and Melbourne. For more information, visit or follow us on LinkedIn, X, Facebook and Instagram.
Business Wire
20 minutes ago
- Business Wire
BrainChip Launches Akida Cloud for Instant Access to Latest Akida Neuromorphic Technology
LAGUNA HILLS, Calif.--(BUSINESS WIRE)--BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world's first commercial producer of ultra-low power, fully digital, event-based neuromorphic AI, today announced launch of the BrainChip Developer Akida Cloud, a new cloud-based access point to multiple generations and configurations of the company's Akida™ neuromorphic technology. The initial Developer Cloud release will feature the latest version of Akida's 2 nd generation technology, Akida 2. 'Our developer cloud provides instant access to the latest Akida technology, as we deliver our Akida products on our roadmap to customers quickly and easily,' said Jonathan Tapson, chief development officer at BrainChip. 'We're reducing the time and effort to utilize Akida, so developers can program and execute their network models for immediate results so they can accelerate product development. We've shortened the time between our innovations and our customers' ability to seamlessly and cost-effectively access Akida.' One of the key innovations of this approach is that developers can stream their real-time data to Akida Cloud, perform inferencing, and stream the results back locally. This is demonstrated in a featured use case, eye-tracking, with immediate results used to measure accuracy and allow iteration of the training of the model to improve the results over a range of actual operating conditions. Hélder Rodríguez López, Embedded Software Research Engineer at Arquimea Research, said, 'The Akida Cloud's ability to provide us advanced access to the latest features of Akida and easily test our neuromorphic model innovations remotely is a real advantage for progressing our advanced model development programs.' BrainChip Developer Akida Cloud key benefits include: Rapid prototyping: Developers can access and leverage Akida's latest features without needing physical hardware. Developer-first access: Engineers can start development in parallel with hardware deployment. Extensibility: As new versions and configurations of Akida are released, BrainChip can make them available via the cloud. Partner benefits: Partners can demo working models and prototypes for customers so they can work in parallel before gaining access to Akida boards or chips. Flexible business model: Includes limited free access and usage-based pricing with credit toward eventual hardware purchases. BrainChip also sells an Akida FPGA Developer Platform if a customer wants an on-premises solution. Engineered for ultra-efficient, low-power AI, the second-generation Akida 2 is now available in the cloud, delivering a four times performance and efficiency gain over Akida 1. Developers can now build more sophisticated models on Akida 2 with greater accuracy thanks to new architectural support for 8-bit quantization. New models supported on Akida 2 include state-space based Temporal Event-Based Neural Nets (TENNs), which enhance the ability to process raw temporal data from video, audio, and sensors. This combination simplifies the development pipeline, reduces model size, and accelerates the deployment of advanced AI in edge applications across multiple sectors. About BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY) BrainChip is the worldwide leader in Edge AI on-chip processing and learning. The company's first-to-market, fully digital, event-based AI processor, Akida™, uses neuromorphic principles to mimic the human brain, analyzing only essential sensor inputs at the point of acquisition and processing data with unmatched efficiency, precision, and energy economy. BrainChip's Temporal Event-based Neural Networks (TENNs) build on State-Space Models (SSMs) with time-sensitive, event-driven frameworks that are ideal for real-time streaming applications. These innovations make low-power Edge AI deployable across industries such as aerospace, autonomous vehicles, robotics, industrial IoT, consumer devices, and wearables. BrainChip is advancing the future of intelligent computing, bringing AI closer to the sensor and closer to real-time. Explore more at
