UPI

Upchurch Companies Sells Stake to Davidson Kempner and Broadwing Capital

Retrieved on: 
Wednesday, March 27, 2024
Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, Building Systems, Asset Management, Growth, Partnership, UPI, School, Hospital, Davidson Kempner Capital Management, Family, Financial services

Davidson Kempner Capital Management LP (“Davidson Kempner”), a global investment management firm, in partnership with Broadwing Capital Management LLC (“Broadwing”), a private equity firm focused on family- and founder- owned companies in the manufacturing and services sectors, today announced a strategic growth investment in Upchurch Companies (“Upchurch”).

Key Points: 
  • Davidson Kempner Capital Management LP (“Davidson Kempner”), a global investment management firm, in partnership with Broadwing Capital Management LLC (“Broadwing”), a private equity firm focused on family- and founder- owned companies in the manufacturing and services sectors, today announced a strategic growth investment in Upchurch Companies (“Upchurch”).
  • We’re thrilled to make Upchurch the second investment in Broadwing Capital Fund I LP, and we’re grateful that the Upchurch family trusts Broadwing and Davidson Kempner to build on the company’s strong legacy.”
    Upchurch Vice President Mike Upchurch added, “As a multi-generational family-owned business, we remain committed to staying true to our heritage and maintaining the Upchurch way of doing business.
  • We believe that Davidson Kempner and Broadwing share our vision and are the right partners to help us achieve our growth goals while sustaining our core values and company culture.
  • Horne Capital served as exclusive financial advisor to Upchurch.

Global Prepaid Card and Digital Wallet Market Intelligence Subscription Service - ResearchAndMarkets.com

Retrieved on: 
Monday, March 25, 2024
Finance, Payments, Professional Services, Technology, Fintech, NPCI, UPI, Growth, COVID-19

The "Global Prepaid Card and Digital Wallet Market Intelligence Databook Subscription - Q1 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Prepaid Card and Digital Wallet Market Intelligence Databook Subscription - Q1 2024" report has been added to ResearchAndMarkets.com's offering.
  • With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
  • The global prepaid card ecosystem has been growing rapidly amid surging digitalization.
  • In the global prepaid card market, more and more fintech firms have shifted their focus toward kids' and teens' banking.

Card payments no longer the default choice for consumers - new research from Boku reveals

Retrieved on: 
Wednesday, March 27, 2024
Technology, Mobile, Wireless, Retail, Other Professional Services, Finance, Banking, Online Retail, Professional Services, Payments, Other Technology, Other Retail, Software, Networks, Fintech, BNPL, Growth, PIX, UPI, WeChat, Motion, CoDi, Love, Traction, Research report, Multimedia, IDEAL, Momo, Online shopping

The report reveals a continued decline in the market share of traditional card payments and a significant increase in the use of local payment methods for ecommerce purchases across the globe.

Key Points: 
  • The report reveals a continued decline in the market share of traditional card payments and a significant increase in the use of local payment methods for ecommerce purchases across the globe.
  • The findings highlight significant and rapid consumer shifts in ecommerce payments away from the traditional card networks (and in emerging economies cash on delivery) towards local payment methods such as digital wallets.
  • Card values will decline to 19% of transaction value by 2028 (down from 31% in 2023).
  • While card payments will continue to account for a significant amount of payments - around a third of ecommerce payments by volume by 2028 - local payment methods are fast gaining traction, winning market share from card payments.

Global Prepaid Card and Digital Wallet Market Intelligence: Across Over 20 Data-Driven Reports

Retrieved on: 
Tuesday, March 26, 2024
NPCI, UPI, Growth, COVID-19

DUBLIN, March 25, 2024 /PRNewswire/ -- The "Global Prepaid Card and Digital Wallet Market Intelligence Databook Subscription - Q1 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 25, 2024 /PRNewswire/ -- The "Global Prepaid Card and Digital Wallet Market Intelligence Databook Subscription - Q1 2024" report has been added to ResearchAndMarkets.com's offering.
  • With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
  • The global prepaid card ecosystem has been growing rapidly amid surging digitalization.
  • In the global prepaid card market, more and more fintech firms have shifted their focus toward kids' and teens' banking.

Cleveland-Cliffs and the United Steelworkers Union Jointly Comment on the Tin Mill Products Final Report Released by the ITC

Retrieved on: 
Thursday, February 29, 2024
Other Manufacturing, Steel, Automotive Manufacturing, Public Policy, Government, Manufacturing, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, White House, Federal Government, Natural Resources, UPI, Cleveland-Cliffs, U.S. Steel, Commerce, ITC, United Steelworkers, United, Tin, Commission, USW, Partnership

Lourenco Goncalves, Cleveland-Cliffs' Chairman, President and Chief Executive Officer, stated, "It is now clear that the decision by United States Steel Corporation not to participate as a petitioner in this trade case -- or provide a substantive response to the ITC’s request for further information on the idling of tin lines in Gary and East Chicago, Indiana and the closure of UPI in California -- directly led to the ITC’s negative determination. Had U.S. Steel cooperated with the ITC, the Commission would not have been left without the information needed to discern the market forces behind U.S. Steel’s withdrawal from the tin mill products market in the United States.”

Key Points: 
  • The U.S. International Trade Commission (ITC) this week issued public documents detailing the rationale behind its unanimous negative injury determination in the tin mill products trade case brought by co-petitioners Cleveland-Cliffs and the United Steelworkers (USW).
  • This determination by the ITC negated the implementation of anti-dumping and countervailing duties calculated by the Department of Commerce and will result in the continuation of widespread unfair trade practices in the tin mill products market.
  • Had U.S. Steel cooperated with the ITC, the Commission would not have been left without the information needed to discern the market forces behind U.S. Steel’s withdrawal from the tin mill products market in the United States.”
    Mr. Goncalves continued, “U.S.
  • In spite of U.S. Steel’s intransigence, I am grateful for the partnership of the USW that allowed this case to go forward.

MiTAC Unleashes Revolutionary Server Solutions, Powering Ahead with 5th Gen Intel® Xeon® Scalable Processors Accelerated by Intel Data Center GPUs

Retrieved on: 
Wednesday, February 28, 2024
HPC, UPI, Intel, AI, Gen, Family, DDR5, Data center, 2U, BIOS, Ecosystem, Acceleration, Computing, MiTAC, Artificial intelligence, Semiconductor

Last year, Intel transitioned the right to manufacture and sell products based on Intel Data Center Solution Group designs to MiTAC.

Key Points: 
  • Last year, Intel transitioned the right to manufacture and sell products based on Intel Data Center Solution Group designs to MiTAC.
  • MiTAC unveils three distinct Intel server systems with different Intel Data Center GPUs.
  • Intel Server System M50FCP2UR208 of Intel Server M50FCP Family supports 2 units of Intel Data Center GPU Max 1100 or 4 units of Intel Data Center GPU Flex 140 and Flex 170.
  • In its pursuit of High-Performance Computing (HPC) and Artificial Intelligence (AI) applications, MiTAC unveils Intel Server System D50DNP1MFALLC and Intel Server System D50DNP2MFALAC Acceleration Modules from the Intel Server D50DNP Family.

MiTAC Unleashes Revolutionary Server Solutions, Powering Ahead with 5th Gen Intel® Xeon® Scalable Processors Accelerated by Intel Data Center GPUs

Retrieved on: 
Wednesday, February 28, 2024
HPC, UPI, Intel, AI, Gen, Family, DDR5, Data center, 2U, BIOS, Ecosystem, Acceleration, Computing, MiTAC, Artificial intelligence, Semiconductor

Last year, Intel transitioned the right to manufacture and sell products based on Intel Data Center Solution Group designs to MiTAC.

Key Points: 
  • Last year, Intel transitioned the right to manufacture and sell products based on Intel Data Center Solution Group designs to MiTAC.
  • MiTAC unveils three distinct Intel server systems with different Intel Data Center GPUs.
  • Intel Server System M50FCP2UR208 of Intel Server M50FCP Family supports 2 units of Intel Data Center GPU Max 1100 or 4 units of Intel Data Center GPU Flex 140 and Flex 170.
  • In its pursuit of High-Performance Computing (HPC) and Artificial Intelligence (AI) applications, MiTAC unveils Intel Server System D50DNP1MFALLC and Intel Server System D50DNP2MFALAC Acceleration Modules from the Intel Server D50DNP Family.

doola Launches doola Money Allowing Founders Worldwide to Start a US Business, Deposit $USD and Move Money Internationally in Minutes, All in One Go

Retrieved on: 
Tuesday, February 13, 2024
UPI, INR, EIN, Social Security, ACH, Software as a service, IRS, Business, Fintech, DAO, GBP, Security, Stripe, SGD, Cryptocurrency

- doola Money supports founders on every continent, with no US SSN required, and no visit to the US required.

Key Points: 
  • - doola Money supports founders on every continent, with no US SSN required, and no visit to the US required.
  • doola announced today that they have launched a fintech product for global businesses that will allow founders to deposit $USD and move money internationally, remotely, from any continent, with no US Social Security Number required.
  • doola Money provides the best of business banking with everything you need to move money from anywhere in the world.
  • As our customers like to say, we're a Business-in-a-Box(TM), and the launch of doola Money brings our day-one vision to reality."

Asia Pacific Buy Now Pay Later Business Databook 2024: 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics 2020-2029 - ResearchAndMarkets.com

Retrieved on: 
Friday, February 9, 2024
Professional Services, Payments, Online Retail, Retail, Other Retail, Technology, Fintech, Internet, Product analysis, HSBC, Atome, Partnership, Growth, Business model, Travel, NPCI, HR, Cosmetics, Standard Chartered, UPI

The "Asia Pacific Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Asia Pacific Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.
  • This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories.
  • With over 75 KPIs at the country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics.
  • Firms are entering into strategic partnerships to launch new products to cater to the growing demand for BNPL products in Asia Pacific.

Smart Medical Devices Market Forecast: Substantial Growth to Reach US$271.3 Billion by 2028

Retrieved on: 
Tuesday, January 30, 2024
Unified Payments Interface, Growth, UID, JAM, GDP, Conditional sentence, IDF, Prevalence, Ecosystem, Vital signs, Economy, ECG, UN, Diabetes, Make, UPI, Hospital

The global smart medical devices market is estimated to grow at a CAGR of 10.33% reaching US$271.343 billion in 2028 from US$136.395 billion in 2021.

Key Points: 
  • The global smart medical devices market is estimated to grow at a CAGR of 10.33% reaching US$271.343 billion in 2028 from US$136.395 billion in 2021.
  • The global smart medical devices market growth is being propelled by the increasing demand for wireless and smartphone-compatible medical equipment, device technology breakthroughs, and increased consumer awareness of fitness.
  • The rise in the prevalence of chronic diseases including diabetes, cardiovascular, and respiratory problems has a big impact on the global smart medical devices market.
  • Indian government initiatives are also playing a significant role in the growth and development of the smart medical devices market in the country.