Rackspace Technology® (NASDAQ: RXT), the leading end-to-end, hybrid multicloud and AI technology solutions company, today announced that Foundry for AI by Rackspace (FAIR) is proud to partner with OhioX, Ohio’s statewide nonprofit technology and innovation trade association, to accelerate the responsible adoption of Artificial Intelligence (AI) among enterprises across the state. This collaboration aims to promote ethical AI practices, foster innovation, and drive economic growth in Ohio.
As part of this partnership, FAIR is the exclusive presenting partner of the 2024 OhioX Ohio AI Roundtable bringing together industry leaders and experts to discuss the opportunities and challenges of AI adoption. These roundtables, held in Columbus, Cincinnati, and Cleveland, will provide a platform for enterprise technology leaders to exchange insights and best practices to accelerate the responsible adoption of AI.
“We are excited to partner with FAIR to advance the responsible adoption of AI in Ohio,” said Chris Berry, President, and CEO of OhioX. “This partnership underscores our commitment to driving innovation and economic growth in Ohio. AI will have a transformational impact on our state’s economy and workforce.”
FAIR will moderate an AI panel discussion at OhioX’s 3rd annual Ohio Tech Summit, on Thursday, May 16th, 2024, focusing on the latest trends in AI and how Ohio enterprises can leverage AI to drive business success. The panel will feature thought leaders and practitioners who will share their experiences and insights on AI adoption and implementation.
To support the responsible adoption of AI in Ohio, OhioX and FAIR will collaborate on the creation of a “State of AI in Ohio” survey as part of OhioX Insights. OhioX Insights captures the pulse of Ohio’s tech sector through expert perspectives and insights.
“We are thrilled to partner with OhioX to promote ethical AI practices, foster innovation, and drive economic growth in Ohio,” said Srini Koushik, President of Technology, Sustainability and FAIR. “This partnership aligns with FAIR’s mission to promote Responsible AI practices and will help ensure that AI technologies benefit all Ohioans.”
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Sulpayments Switzerland and GameCash Mexico, have announced their consolidation under a unified holding structure. This strategic move aims to leverage synergies between the two companies, combining Sulpayments’ expertise in secure and efficient payment solutions with GameCash’s stronghold in the gaming industry.
Under this unified structure, both entities will maintain their distinct identities and operations while benefiting from shared resources, strategic alignment, and enhanced capabilities. The consolidation underscores a commitment to innovation, growth, and delivering unparalleled value to customers across the intersecting domains of finance and gaming.
Gamecash a pioneering payments startup based in Mexico by its holding entity, founded by the entrepreneur Hugo Castrejon, Gamecash has been facilitating seamless payment transactions in Mexico, offering an array of services including SPEI, cash payments, Oxxo & Paynet, and transactions with local Mexican cards employing the latest 3D Secure 2.0 protocol to ensure the highest conversion rates.
Sulpayments, a Swiss-based fully authorized fintech firm, is making significant strides in the Brazilian market by specializing in cutting-edge payment solutions collaborating with Brazilian partners licensed by the Central Bank of Brazil. SulPayments focus is facilitating cross-border transactions by offering seamless USDT settlements, catering to the needs of businesses operating within Brazil’s dynamic financial landscape. Leveraging its Swiss expertise and global network, Sulpayments provides secure, efficient, and compliant payment services, enabling clients to navigate the complexities of international finance with ease.
Tilmar Goos, CEO of Sul Payments, expressed his enthusiasm about the acquisition: “Integrating Gamecash into our holding is a pivotal step towards achieving our goal of expanding our footprint in Latin America. With Gamecash’s expertise in the Mexican market, we are now positioned to offer our clients comprehensive local payment solutions and USDT settlements through Sul Payments, an authorized entity in Switzerland. This move not only strengthens our presence in Mexico but also aligns with our vision of simplifying payment processes for businesses across Latin America.”
Hugo Castrejon, founder of Gamecash, shared his optimism about joining forces with Sul Payments: “This acquisition represents a significant achievement for us at Gamecash. Following our successful exit from Banwire, we are excited to embark on this new journey. Our combined efforts will enable us to offer unparalleled local payment solutions and USDT settlements, ensuring a secure, efficient, and compliant operation for our clients, as highlighted on our website.”
The integration of Gamecash into Sul Payments’ offerings paves the way for businesses in Brazil, Mexico, and beyond to accept all local payments and receive settlements in USD, EUR, or USDT without the necessity of establishing a local entity. This collaboration signifies a step forward in Sul Payments’ commitment to enhancing its service portfolio and adding value to its clients’ operations in the ever-evolving digital payment landscape.
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FinVolution Group (“FinVolution,” or the “Company”) (NYSE: FINV), a leading fintech platform, today announced that its Philippines financial application, Juanhand, has entered into a strategic cooperation agreement with UnionBank of the Philippines (UnionBank), a digital bank dedicated to embracing technological innovations to empower its customers. Under the terms of the agreement, UnionBank will provide Juanhand with a funding facility of approximately 45 million pesos, accelerating financial inclusion for Juanhand users.
This agreement further strengthens FinVolution’s service offerings in the Philippines and advances the Company’s mission of connecting underserved borrowers with financial institutions, while also serving as an opportunity to explore deeper future cooperation.
Mr. Tiezheng Li, Vice Chairman and Chief Executive Officer of FinVolution Group, commented, “We are honored to be UnionBank’s first fintech partner to be granted a credit facility. Guided by our effective Local Focus, Global Outlook strategy and commitment to improving financial services through technology, we will continue to innovate, educate, enhance user experience, and expand our customer base in all markets we operate while improving efficiency across all our operations. We are confident that new partnerships like this, will empower FinVolution to replicate our success in China and Indonesia throughout the Philippines and other international markets, bringing our diverse financial solutions to more customers and driving the rapid growth of the fintech industry in Southeast Asia and beyond,” concluded Mr. Li.
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