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PROG Holdings and Infosys Forge Strategic Collaboration to Bring AI-Powered Experiences to Customers and Intelligent Automation to Operations

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SALT LAKE CITY and BENGALURU, India, March 1, 2024 /PRNewswire/ — PROG Holdings, Inc. (NYSE: PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, and Infosys (NSE : INFY), (BSE : INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced an agreement that is expected to evolve and scale PROG Holdings’ technology operations as an integral part of the Company’s ongoing cloud- and AI-focused technology modernization and innovation efforts.

The collaboration will enable PROG Holdings to take advantage of Infosys’ digital services, including cutting-edge technologies, which PROG Holdings believes will help it realize operational efficiencies, accelerate technology enhancements, and improve speed to market. The relationship is also expected to enhance and innovate key PROG Holdings’ customer-and partner-facing technologies and systems, helping to widen its leadership gap within the virtual lease-to-own market.

PROG Holdings selected Infosys to assist on its technology evolution and efficiency efforts, including AI initiatives, due to Infosys’ ability to provide global access to top talent and technology infrastructure that supports and augments the innovation and efforts of PROG Holding’s internal technology teams.

Steve Michaels, President and CEO of PROG Holdings, said, “We look forward to working with Infosys to develop and enhance key systems that positively impact the speed to market, agility, and scalability of key PROG Holdings technologies and platforms. We expect our collaboration with Infosys will reduce friction for both our customers and retail partners, further solidifying PROG Holdings’ position atop the virtual lease-to-own industry we helped create twenty-five years ago.”

Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services at Infosys, said, “We are excited to bring robust domain knowledge along with transformative AI capabilities using Infosys AI solutions like Infosys Topaz and a cloud-first digital foundation to help PROG Holdings increase market share of the virtual lease-to-own market. Our collaboration will focus on accelerating the development and deployment of technologies that offer operational excellence, agile innovation, and improved services for new and existing retail partners and customers.

About PROG Holdings, Inc.

PROG Holdings, Inc. (NYSE: PRG) is a fintech holding company headquartered in Salt Lake City, UT, that provides transparent and competitive payment options to consumers. The Company owns Progressive Leasing, a leading provider of e-commerce, app-based, and in-store point-of-sale lease-to-own solutions, Vive Financial, an omnichannel provider of second-look revolving credit products, Four Technologies, a provider of Buy Now, Pay Later payment options through its platform, Four, and Build, provider of personal credit building products. More information on PROG Holdings and its companies can be found at https://investor.progholdings.com/.

Forward Looking Statements

Statements in this news release that are not historical facts are “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. Such forward-looking statements generally can be identified by the use of forward-looking terminology such as “expected”, “believes”, “will” and similar forward-looking terminology. These statements include, but are not limited to, statements regarding the expected benefits to PROG Holdings of its strategic collaboration with Infosys, such as its realization of operating efficiencies, accelerated technology modernization and improved speed to market. The Company has based these forward-looking statements on current expectations and assumptions regarding the strategic collaboration, which are subject to risks and uncertainties, including, but not limited to, the risks that the strategic collaboration may not achieve its expected benefits or may otherwise negatively impact, disrupt or have a material adverse impact on PROG Holdings’ business operations, and other risks and uncertainties outside of our control. Additional risks and uncertainties that may cause actual results to differ materially include those listed in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on February 21, 2024. In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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SOURCE Infosys

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GM enhances loyalty program and unveils new GM Rewards™ Mastercard® from Barclays

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DETROIT and WILMINGTON, Del., May 20, 2025 /PRNewswire/ — General Motors is redesigning its GM Rewards™ loyalty program and announcing the launch of the GM Rewards™ Mastercard® from Barclays US Consumer Bank. The revamped loyalty program is simpler, and the new card provides customers more ways to earn and redeem GM Rewards points across GM brands for new vehicles, services, parts and accessories.

GM enhances loyalty program and unveils new GM Rewards™ Mastercard® from Barclays.

GM Rewards members can also earn and redeem GM Rewards points towards digital services like most OnStar plans and Super Cruise1, the hands-free driver assistance technology which can be used on about 750,000 miles of compatible roads across the U.S. and Canada.

“GM has led the U.S. automotive industry in loyalty for a decade2, and now we’re rewarding both our new and existing members with easier access to savings opportunities and new ways to engage with us,” said Ralph Darmo, VP of loyalty programs at GM. “Additionally, we’re creating exciting member-exclusive experiences that only GM can provide – such as trackside access at racing events and off-the-grid EV excursions. Cardmembers can use the new GM Rewards Mastercard to earn GM Rewards points from everyday purchases like food, shopping and travel. And you can redeem GM Rewards points towards your next vehicle, for accessories or features to upgrade your vehicle, and for services.”

In addition, customers of GM Financial will be able to redeem GM Rewards points towards an account balance. And now, GM Rewards points can be combined with GM’s Family First employee, dealer and supplier discount programs, for eligible customers.

Issued by Barclays, the new GM Rewards Mastercard further expands the Wilmington, Delaware-based bank’s portfolio of co-branded credit cards, which includes some of America’s best-known brands.

“We’re proud to partner with GM and Mastercard to deliver a credit card that puts real value in customers’ hands,” said Denny Nealon, CEO, Barclays US Consumer Bank. “With industry-leading rewards and flexible redemption options, the GM Rewards Mastercard makes every purchase more rewarding for GM customers across the U.S.”

Launching today, the new GM Rewards Mastercard combines the security and convenience of Mastercard’s network with the benefits of Mastercard World Elite. Cardmembers will also enjoy the following benefits:

30,000 bonus points after spending $1,000 within 90 days of account openingUp to 10x points on eligible GM purchases, consisting of 7x points for every $1 spent when you use your GM Rewards Mastercard, plus up to 3x points for being a GM Rewards member3x points on all other purchases with the GM Rewards Mastercard (such as fuel, groceries, restaurants and travel)Redeem points towards a new GM vehicle, GM Financial account balances, parts, accessories and eligible servicesUnlimited point earning potentialLow introductory APR for 9 months on qualifying GM purchases greater than $499 made within 30 days of account opening
(terms and conditions apply)

“Mastercard is thrilled to partner with GM and Barclays in offering exciting benefits tailored to cardmembers’ lifestyles,” said John Levitsky, Co-President, United States for Mastercard. “The GM Rewards Mastercard provides convenience and security through the power of our network, while unlocking valuable benefits that enhance the cardmember experience on and off the road.”

Existing cardmembers should continue to use their current cards through August 25, 2025. Current cardmembers will receive their new, replacement Barclays cards later this summer, along with activation instructions so they can begin using their new card on August 25.

Later this year, GM and Barclays will launch the GM BusinessTM Mastercard®, specifically for business customers, with a higher earn rate on GM purchases and expanded redemption options.

GM Rewards: Earn points with fewer restrictions

The free-to-join GM Rewards program offers up valuable points per dollar spent and allows redemptions across Chevrolet, Buick, GMC, Cadillac and services. Key updates include:

3x points for every $1 spent on eligible GM purchases1 point per $5 spent on GM new and certified pre-owned vehiclesEarn and redeem for digital services like most OnStar plans and Super CruiseNo maximum point limits on redemptions or vehicle restrictionsAbility to gift or transfer points to other GM Rewards membersOpportunities to redeem points for exclusive GM events and experiencesPoints can now be combined with employee, dealer and supplier discounts*Points can be redeemed towards GM Financial loan or lease account balances*

*Terms, conditions and eligibility requirements apply

1Always pay attention while driving and when using Super Cruise. Do not use a handheld device. Requires active Super Cruise plan or trial. Terms apply. Visit gmc.com/connectivity-technology/super-cruise for compatible roads and full details.

2Source: S&P Global Mobility “Loyalty to Manufacturer Award,” February 2025

About General Motors

General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter and lower emission cars, trucks and SUVs. GM’s Buick, Cadillac, Chevrolet and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry’s widest range of EVs, as we move to an all-electric future. 

About Barclays US Consumer Bank

Barclays US Consumer Bank is a leading co-branded credit card issuer and financial services partner in the United States that creates highly customized programs to drive customer loyalty and engagement for some of the country’s most successful travel, entertainment, retail and affinity institutions. The bank offers co-branded, small business and private label credit cards, installment loans, online savings accounts and CDs. For more information, please visit BarclaysUS.com.

About Mastercard

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships, and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. www.mastercard.com

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SOURCE Barclays US

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Elemeno Health Taps Tim Coulter as CEO to Lead Next Phase of Growth

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OAKLAND, Calif., May 20, 2025 /PRNewswire/ — Elemeno Health, a market leader in just-in-time microlearning solutions for frontline staff, today announced the appointment of Tim Coulter as its new Chief Executive Officer. Coulter brings more than two decades of leadership experience in health technology and enterprise software to Elemeno, positioning the company for accelerated growth and innovation.

Coulter succeeds Elemeno co-founder and board director Arup Roy-Burman, MD, who has transitioned into the role of Chief Strategy and Medical Officer and continues to guide the company’s clinical vision and innovation.

“Tim is a powerhouse leader with deep digital health expertise and a proven track record of scaling fast,” stated Dr. Roy-Burman. “His drive to build exceptional teams and deliver operational excellence makes him the perfect CEO for this exciting next chapter. We couldn’t be more energized about the future with Tim at the helm.”

Prior to joining Elemeno Health, Coulter held senior leadership roles at prominent digital health and SaaS companies, spearheading product expansion, revenue growth, and strategic partnerships. He served as President and COO of Dina Care for nearly nine years, propelling the company to sustained growth and earning it recognition on the Inc. 5000 list of fastest-growing companies for two consecutive years and Newsweek’s 2024 list of World’s Best Digital Health Companies. Prior to that, he spent nearly eight years as an executive at Medicity, leading growth to over 100 health systems and 1,000 hospitals, and an acquisition by Aetna in 2011. Throughout his career, Coulter has consistently delivered measurable impact across business operations and care delivery systems nationwide.

“I’m honored to join Elemeno Health at such a transformative time,” said Coulter. “Now more than ever, healthcare needs innovative, on-the-ground solutions that empower frontline teams with the real-time knowledge and support they need to deliver safe, consistent, high-quality care. I look forward to building upon the strong foundation that Arup has created and collaborating with our clients, partners, and team to solidify Elemeno’s position as a leader in tech-enabled microlearning.”

Elemeno Health’s cloud-based platform provides customized and actionable, real-time job aids for healthcare teams, enabling consistent best practices at the point of care. With a growing footprint across hospitals and health systems, Elemeno is poised to play a transformative role in shaping the future of frontline care, delivering higher quality at a lower cost.

About Elemeno Health

Founded by clinicians in 2016, Elemeno Health is a Public Benefit Corporation that empowers frontline staff with just-in-time microlearning technology at the point of care. Its cloud-based platform replaces binders, emails, and document storage systems with team-specific content in bite-sized formats, consumable in the flow of work. Elemeno complements existing LMS/training systems, promoting knowledge retention, enabling standardized delivery of best practices, and improving system-wide care quality. Trusted by 70+ hospitals nationwide, Elemeno Health enhances operational efficiency and patient safety at scale. To learn more, visit www.elemenohealth.com.

Media contact:
Jodi Perkins, Amendola Communications for Elemeno Health
Jperkins@acmarketingpr.com

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SOURCE Elemeno Health

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EAIGLE Appoints Sam Saad as Chief Commercial Officer to Lead Next Phase of Growth

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Proven commercial strategist in logistics and emerging tech to scale operations, accelerate customer deployments, and guide future growth

BOSTON, May 20, 2025 /PRNewswire/ — EAIGLE, a leader in AI-driven logistics gate and yard automation, today announced the appointment of Sam Saad as Chief Commercial Officer. Saad, working hand-in-glove with EAIGLE’s existing management team, will oversee strategic growth functions, build high-performing commercial and customer success teams, and guide EAIGLE through its next wave of growth financing, customer expansion, and operational excellence.

Every year, supply chains lose millions to idle trucks, manual paperwork, and gaps in visibility. EAIGLE is the premier end-to-end vision AI platform to unify gate, yard, and warehouse processes, giving supply chain leaders the single pane-of-glass visibility they demand. The technology cuts gate dwell time from minutes to seconds, opens up yard capacity, and delivers real-time insights directly into existing YMS, WMS, and TMS systems. With adoption accelerating and demand growing fast, it was time to bring on a commercial leader who has scaled innovation into impact.

Proven Commercial Track Record

Saad brings a decade of deep focus in supply chain and emerging technology, alongside a broader career spanning leadership roles in commercialization, mobility, and tech innovation. He has closed over USD 225 million in enterprise sales, raised USD 100 million in growth capital, and co-founded the Centre for Integrated Transportation and Mobility, channeling USD 215 million into autonomous and connected vehicles and smart city innovation. His leadership roles at Gatik highlight an ability to turn frontier tech into tangible customer value.

“Sam has a rare talent for turning breakthrough technology into bottom-line results,” said Amir Hoss, Founder & CEO, EAIGLE. “He’s closed nine-figure deals, built high-velocity teams, and shares our obsession with eliminating every wasted minute in the yard. With Sam leading our commercial engine, we’re positioned to drive faster growth, greater value, and lasting industry change.”

“EAIGLE fixes pain points that yards have wrestled with for decades,” said Sam Saad, Chief Commercial Officer, EAIGLE. “The tech is proven, the market is validated, and the momentum is real. I’m excited to help scale it.”

Momentum and Market Opportunity

EAIGLE is entering a new era of growth, fueled by rising demand for gate and yard automation across logistics and industrial sectors. Customers are adopting the platform to reduce dwell time, increase visibility, and streamline operations at scale. With expanding adoption across North America and a strong commercial foundation in place, EAIGLE is poised to capitalize on a generational shift away from manual processes and toward AI-driven efficiency.

About EAIGLE

EAIGLE is the leading provider of Vision AI solutions for logistics and supply chain operations, dedicated to reshaping the future of yard management. From automating gate processes to enhancing asset tracking and ensuring regulatory compliance, EAIGLE’s technology empowers logistics yards to operate with greater intelligence and confidence. 

For more information, visit eaigle.com.

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SOURCE EAIGLE

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