Latest news with #paymentsolutions
Yahoo
7 days ago
- Business
- Yahoo
Slower Growth Overshadows the Valuation Appeal for Global Payments (GPN)
Global Payments Inc. (NYSE:GPN) ranks lowest on our list of the , with a 30% correction so far this year. On June 2, Truist Securities analyst Matthew Coad initiated coverage of Global Payments with a Hold rating and a price target of $79. Although the stock looks undervalued compared to peers, and management is making efforts to streamline operations, he remains reserved about its growth potential. He expects organic revenue to stay within the 4%–5% range, which may limit the scope for a significant re-rating in the short term. A payment terminal in action with customers apart of the experience. Coad also points out that investor sentiment could stay subdued until there is greater clarity around the pending asset exchange between Global Payments and Fidelity National Information Services (FIS). The proposed deal involves FIS acquiring Global Payments' Issuer Solutions (Tsys) business for an enterprise value of $13.5 billion, netting approximately $12 billion for GPN after adjusting for $1.5 billion in expected tax benefits. In return, Global Payments will reacquire FIS's minority stake in Worldpay for $6.6 billion in pre-tax value. The transaction could reshape the company's strategic direction and financial profile once completed. Until then, Coad suggests that more attractive investment opportunities may exist among other large-cap names under his coverage. Global Payments is a U.S.-based financial technology company that offers payment solutions and related services to businesses, financial institutions, and consumers globally. While we acknowledge the potential of GPN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Harvard University Stock Portfolio: Top 10 Stock Picks and . Disclosure: None. This article is originally published at Insider Monkey. 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
Finextra
18-07-2025
- Business
- Finextra
Citi and Ant International pilot AI-enabled forecasting solution to enhance FX risk management
Citi and Ant International announced today that they are piloting the use of Ant International's Falcon Time-Series Transformer (TST) Model to deliver an enhanced FX risk management solution for their customers. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Developed with aviation clients as an initial use case, the solution aims to offer greater payment solutions for the airline industry, which processes billions of payment transactions annually. With airline travel set to continue growing, the joint solution combines Ant International's experience with airline payments and Citi's robust FX solutions to help the bank's clients manage their FX costs more efficiently. Ant International's Falcon TST Model is a transformer architecture-based big data model with close to 2 billion parameters. By integrating the latest time series forecasting algorithms, the TST Model predicts future data points by learning complex patterns from large historical data sets using AI technology, the model helps businesses improve the efficiency and accuracy of their cashflow and FX exposure forecasts, allowing them to reduce hedging and overall FX costs. By pairing the Falcon TST Model with Citi's Fixed FX Rates solution, an award-winning solution that simplifies the FX risk management process for businesses selling online in multiple currencies, the combined solution helps businesses mitigate the risks associated with currency fluctuations by securing FX rates for a defined period. FX rates are locked-in and agreed upon, giving businesses greater predictability in budgeting, pricing and profitability. Citi's Fixed FX Rates solution supports over 70 currencies and is widely used by clients in various sectors including Airlines, Travel and e-Commerce. With Ant International's AI-enabled forecasting capability, businesses may utilise Citi's enhanced solution to improve the accuracy of their sales and FX exposure forecasts. Ant International has already achieved an accuracy rate of more than 90% in the company's own use cases and expects the solution to help the airline industry reduce its overall FX hedging costs as forecast accuracy continues to improve. By combining Ant International's Falcon TST model with Citi's Fixed FX Rates solution, Citi has successfully completed FX transactions for one of the leading carriers in Asia, reducing the carrier's FX hedging costs in initial live transactions. Sam Hewson, Global Head of FX Sales at Citi, said: 'We are constantly evolving our products and solutions to support new use cases built on our clients' priorities. Citi's Fixed FX Rates solution supports some of the world's largest e-Commerce and Travel names and this innovative solution sees us leveraging best-in-class technology capabilities in the broader ecosystem to accelerate go-to-market use cases.' Kelvin Li, General Manager of Platform Tech at Ant International, said: 'This is the first industry-tailored solution developed from our Falcon TST Model with a bank partner to serve their customers. It's an important milestone in our journey to leverage AI for FX management for our businesses, partners, and also merchants. The 30% hedging cost savings Ant International has achieved for the pilot airline customer shows the cost efficiency that can be achieved with AI-enabled FX hedging. We are excited to expand the solution with Citi to serve more businesses and industries.'
Yahoo
18-07-2025
- Business
- Yahoo
Visa Renews ICBA Deal to Strengthen Its Hold on Community Banks
Visa Inc. V, a global leader in digital payments, announced the renewal of its 40-year partnership with ICBA Payments, a fully owned subsidiary of the Independent Community Bankers of America ('ICBA'). By providing secure, modern payment solutions and dedicated support, the partnership helps community banks grow, enhance customer service, and strengthen the communities they serve. As part of the renewed partnership, ICBA Payments will continue its Visa-backed card programs featuring contactless technology, digital wallet tokenization, and global network access, along with full support in marketing, communications, and operations. Looking ahead, the partnership will expand access to Visa Direct, enabling more flexible payments for consumers, businesses, and commercial clients. With a strong track record as one of the top card issuers in the United States, issuing 10 million cards, managing $913.4 million in balances, and processing over $43 billion in card sales, ICBA Payments has earned Visa's trust as a reliable partner in delivering secure, flexible payment solutions that support community banks. Apart from deepening its presence in the U.S. financial system, this partnership with ICBA Payments offers Visa steady fee income from community bank card usage and broader access to underserved markets. It strengthens long-term issuer relationships and creates cross-selling opportunities for Visa to offer services like tokenization, fraud protection, and data analytics. These offerings enhance Visa's revenue potential while solidifying its position as a preferred provider of modern payment infrastructure. Can Mastercard and AmEx Catch Up to Visa in Community Banking? Mastercard Incorporated MA had also expanded its presence in community banking through a partnership with ICBA Payments. The primary objective of Mastercard is to enhance payment experiences by equipping community banks with advanced technology, enabling them to offer more modern, secure, and convenient options to their customers. Meanwhile,American Express Company AXPpartners with regional and community banks, such as First National Bank of Omaha and US Bank, to issue American Express-branded credit cards. These collaborations enable banks to expand their offerings and offer customers premium features, valuable rewards, and enhanced financial flexibility. Visa's Price Performance, Valuation and Estimates Over the past year, Visa's shares have gained 10.7% outperforming the industry and the Zacks S&P 500 Composite. Visa YTD Price Performance Image Source: Zacks Investment Research From a valuation standpoint, V trades at a forward price-to-earnings ratio of 28.1, up from the industry average of 21.8. Visa carries a Value Score of D. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Visa's fiscal 2025 earnings implies 12.9% growth year over year, followed by a 12.5% increase next year. Image Source: Zacks Investment Research The stock currently carries a Zacks Rank #2 (Buy).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA) : Free Stock Analysis Report Visa Inc. (V) : Free Stock Analysis Report American Express Company (AXP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
15-07-2025
- Business
- Yahoo
Odoo partners with Tyro to provide seamless payment services in Australia
GOLD COAST, Australia, July 15, 2025 /PRNewswire/ -- Odoo, a global leader of all-in-one business management software, has joined forces with Tyro, Australia's leading payments provider, to provide seamless payment experiences to small businesses and their customers. Odoo's Point-of-Sale (POS) module now integrates with Tyro EFTPOS terminals, further cementing Odoo's ongoing commitment to help businesses streamline their operations with localised solutions. In Australia, Odoo users can now use Tyro's advanced payment solutions to take payments, which offer seamless POS integration, always-on reliability, and instant payments compatible with Visa, Mastercard, American Express, Google Pay, Apple Pay and more. Localised Business Offerings in Australia "We are very excited to collaborate with Tyro and offer an additional payment solution to our end users. Given Tyro's established reach in Australia, we wanted to consider an integration with their services," Director of Odoo Australia Kelian Buitendijk said. The integration with the payment gateway marks a significant milestone in Odoo's efforts to enhance the software's product localisation in Australia. Existing Odoo users can now expect more centralised sales operations and boosted business efficiency, as they will be able to accept payments from Australia's major payment platforms. Affordable Payment Solution, Flexible POS Tyro's suite of in-store EFTPOS solutions is compatible with Odoo's POS module, offering an affordable and flexible payment solution that easily integrates with their current POS set up. "We are delighted to partner with Odoo to create seamless payment experiences for Australian payment technology is industry-leading. With Odoo's powerful, all-in-one business platform, we're giving local retailers and service providers a flexible, scalable solution that simplifies payments and streamlines the point-of-sale experience. " Tyro's Chief Technology Officer Steven Willson said. Book a demo with Odoo to learn more about their services. About Odoo With 70+ official apps and 57k+ third-party apps, Odoo manages businesses' finance, sales, inventory & manufacturing processes, human resources, marketing, team productivity, and more. The Belgian open-source service provider operates in 19 locations worldwide, including the United States, Hong Kong SAR, Indonesia, and Dubai. About Tyro In 2003, Tyro set out to make payments the easiest part of doing business. Today, Tyro powers more than 73,000 merchants across Australia with in-store, online and on-the-go payment solutions. Working with more than 700 partners, Tyro creates seamless payment experiences for hospitality, retail, services and health providers, with integrated banking and lending solutions designed to help unlock the potential of every business. For more information, visit View original content to download multimedia: SOURCE Odoo AU Pty Ltd. 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
FF News
03-07-2025
- Business
- FF News
Ecobank Group and Google Cloud Announce Partnership to Accelerate Financial Inclusion and Innovation Across Africa
Ecobank Group and Google Cloud have announced a strategic collaboration to improve financial inclusion and digital innovation across Africa. The Ecobank Google Cloud partnership brings scalable technology to the forefront of financial services on the continent. Through this collaboration, Ecobank plans to leverage Google Cloud's cutting-edge technology to deliver innovative payment and remittance solutions that are frictionless, secure, and universally accessible, empowering individuals and businesses across the continent and beyond. This collaboration will focus on leveraging Google Cloud's advanced technologies and AI to enhance Ecobank's digital offerings to accelerate the digital transformation of the Bank. The partnership agreement is designed to empower individuals, support the growth of small and medium-sized enterprises (SMEs) in the region, and contribute to the overall economic development of Africa. This partnership is intended to deliver substantial benefits: Enhancing financial accessibility: The collaboration will strive to simplify and streamline money transfers, both domestically and across borders. This will be supported by Google Cloud's scalable infrastructure and advanced API solutions, such as Apigee, aiming to make financial transactions faster, more affordable, and more accessible for more people, facilitating crucial support for families and enabling smoother commercial activities for businesses. The collaboration will strive to simplify and streamline money transfers, both domestically and across borders. This will be supported by Google Cloud's scalable infrastructure and advanced API solutions, such as Apigee, aiming to make financial transactions faster, more affordable, and more accessible for more people, facilitating crucial support for families and enabling smoother commercial activities for businesses. Empowering African businesses: A core objective of the collaboration is to explore ways to bolster the continent's entrepreneurial ecosystem. By leveraging Google Cloud's capabilities, including its powerful data analytics platform, BigQuery, for AI-driven insights, Ecobank will aim to develop solutions that improve access to finance for SMEs, simplify payment acceptance, and provide valuable data-driven insights to help businesses scale across more than 33 countries in Africa. A core objective of the collaboration is to explore ways to bolster the continent's entrepreneurial ecosystem. By leveraging Google Cloud's capabilities, including its powerful data analytics platform, BigQuery, for AI-driven insights, Ecobank will aim to develop solutions that improve access to finance for SMEs, simplify payment acceptance, and provide valuable data-driven insights to help businesses scale across more than 33 countries in Africa. Envisioning seamless digital banking: The collaboration will explore the creation of more intuitive and user-friendly digital banking platforms, built on Google Cloud's secure and scalable global infrastructure and enhanced by Google Cloud's AI technologies. This will empower Ecobank's developers and customers to easily integrate into Ecobank's platforms connecting to a unified and advanced API, enabling them to offer innovative financial solutions. For example, fintech partners can readily provide core banking services such as accounts, payments, and lending for seamless transactions. The collaboration will explore the creation of more intuitive and user-friendly digital banking platforms, built on Google Cloud's secure and scalable global infrastructure and enhanced by Google Cloud's AI technologies. This will empower Ecobank's developers and customers to easily integrate into Ecobank's platforms connecting to a unified and advanced API, enabling them to offer innovative financial solutions. For example, fintech partners can readily provide core banking services such as accounts, payments, and lending for seamless transactions. Personalising financial solutions responsibly: Utilizing Google's advanced data analytics, AI, and machine learning, while upholding the highest standards of data privacy and security, Ecobank will aim to better understand and anticipate customer needs. This will enable the development of more relevant and personalized financial products and services, including tailored credit, savings, and insurance options. Utilizing Google's advanced data analytics, AI, and machine learning, while upholding the highest standards of data privacy and security, Ecobank will aim to better understand and anticipate customer needs. This will enable the development of more relevant and personalized financial products and services, including tailored credit, savings, and insurance options. Strategic expert collaboration: Google Cloud's Professional Services team will aim to provide ongoing expert support to Ecobank, ensuring the effective implementation of technology and the successful realization of the collaboration's transformative goals over the coming years. Jeremy Awori, Group CEO, Ecobank said: 'Our collaboration with Google Cloud is a leap forward in Ecobank's digital transformation journey. We look forward to leveraging Google Cloud's world-class technology to unlock new possibilities for individuals and businesses to grow and scale across Africa. This collaboration signifies our shared intent to explore building a more connected and financially inclusive future for the continent.' Thomas Kurian, CEO, Google Cloud said: 'Google Cloud and Ecobank have a shared vision for using technology to help deliver financial empowerment to more people and businesses in Africa. We look forward to exploring the ways our cutting-edge AI, powerful data analytics, and scalable infrastructure can support Ecobank efforts to fuel the continent's economic development and digital future.' This agreement signifies a shared commitment between Ecobank and Google Cloud to explore how the power of technology might unlock new opportunities for Africans and contribute to a digitally empowered and economically vibrant future for the continent. Ecobank and Google Cloud will actively explore opportunities to further expand their collaboration, tapping into the vast potential of other Google solutions and services. With this initiative, the Ecobank Google Cloud partnership marks a major step in Africa's journey toward financial empowerment through technology. Companies In This Post Ecobank Google Cloud
