Technology

Visa Unveils Groundbreaking Payment Innovations at Global Fintech Fest 2024

Published

8 months ago

August 31, 2024

New product launches aim to drive digital payment adoption across IndiaThese advancements will help streamline payment processes, enhance transaction security and customer experience

MUMBAI, India, Aug. 31, 2024 /PRNewswire/ — Visa (NYSE: V), the global leader in digital payments, has unveiled an array of innovative payment products and solutions during the Global Fintech Fest 2024. These advancements, developed in collaboration with a range of partners, are set to drive digital payment adoption across India by streamlining payment processes and enhancing transaction security and customer experience.

Here is an overview of the Key Announcements from Visa at GFF 2024:

HDFC Bank’s All-in-One POS Device: HDFC Bank has introduced an all-in-one POS, a compact payment device for merchants that integrates point-of-sale (PoS), QR code scanning, and soundbox. As a network partner, Visa is collaborating with HDFC to accelerate acceptance at new touchpoints and increase digitization across a broader merchant base.

Paytm NFC Card Soundbox: Visa, in partnership with Paytm, has launched the Paytm NFC Card Soundbox — India’s first two-in-one device combining mobile QR payments with an affordable card machine for offline merchants. This device facilitates payments via debit/credit card tap and QR code scan, simplifying transactions for millions of merchants.

Neo for Merchants by Axis Bank and Visa: Axis Bank, in collaboration with Visa and Mintoak, has introduced Neo for merchants — a comprehensive mobile app for payment acceptance, transaction reporting, and service requests. The app offers convenient and efficient omni-channel payment acceptance and offers valuable business insights to help merchants and small businesses grow, thrive and compete in a digital-first world.

PayU Push Provisioning Powered by Visa: PayU, in partnership with all major card networks, including Visa, announced the launch of its advanced ‘Push Provisioning’ platform. This solution facilitates seamless sharing of card tokens between merchants and banks via a unique-single platform.

IDFC First Bank and Visa’s Ashva Metal Credit Card: Visa and IDFC First Bank have introduced the Ashva Metal Credit Card, which combines luxury, high-value rewards, exceptionally low forex markup, and complimentary lounge access, domestically and internationally. This Infinite Metal Credit Card caters to premium customers with exclusive perks.

CRED In-App Card Payment Experience with Tokenisation: Visa and CRED have launched a new in-app payment feature using device tokenisation. This feature, initially available exclusively to CRED members, enhances security and convenience by eliminating the need to store sensitive payment data across merchant sites. Once a card is tokenised on a trusted device via CRED, it will be available for use across multiple merchant apps offering CRED Pay, removing the need for separate tokenisation with each merchant.

Pine Labs Mini Device: In collaboration with Pine Labs, Visa has introduced the Pine Labs Mini, a soundbox-enabled device that supports QR, NFC, and card payments. This device aims to boost digital payment acceptance in Tier 3–6 cities, by providing a more advanced and eco-friendly alternative to traditional printed QR codes, offering a low-cost point-of-sale solution for merchants.

HSBC Premier Signature Debit Card: In collaboration with HSBC, Visa has introduced the HSBC Premier Signature Debit Card. This premium card offers an array of exclusive benefits, including VIP hotel perks, higher spending limits, special dining offers, and global airport assistance, designed to cater to the needs of discerning customers.

Push Provisioning with AU Small Finance Bank and Juspay: Visa has partnered with AU Small Finance Bank and Juspay to introduce an innovative Push Provisioning solution. This new technology allows cardholders to seamlessly tokenise their payment credentials through their issuer’s app, significantly enhancing both security and convenience for digital transactions.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

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Technology

Ov Finance Enhances Fintech Platform with New Intelligent Investment and Lending Features

Published

2 hours ago

April 27, 2025

Ov Finance introduces expanded tools for smarter portfolio management, real-time analysis, and flexible digital lending to meet evolving market demands.

LOS ANGELES, April 27, 2025 /PRNewswire-PRWeb/ — Ov Finance has announced a major update to its financial technology platform, introducing a new suite of intelligent investment tools and digital lending features designed to support users in achieving smarter and more responsive financial decision-making. This upgrade reflects the company’s broader strategy of making modern finance more accessible, efficient, and tailored to the needs of a digital-native generation.

The enhanced platform includes advanced portfolio optimization features powered by machine learning, offering real-time insights and personalized recommendations based on market trends, individual risk tolerance, and investment goals. This upgrade enables users to make data-driven decisions and adjust their financial strategies with greater precision and flexibility.

“Modern investors are looking for tools that not only provide access to markets but also deliver insights and guidance tailored to their personal financial journey,” said a spokesperson for Ov Finance. “This update represents our commitment to offering a next-generation investment experience built on intelligent design and seamless functionality.”

In parallel, Ov Finance has also launched a fully integrated digital lending solution that enables users to access short- and medium-term financing with transparent terms and instant processing. The system is designed to remove traditional barriers such as paperwork delays and middlemen, streamlining the entire lending process into a user-first experience.

The new features also include an upgraded interface across web and mobile applications, making it easier for users to navigate, monitor performance, and take action. Key highlights include customizable dashboards, smart alerts for market movements, and automated rebalancing options to help users stay aligned with their financial targets.

Ov Finance’s platform expansion is guided by feedback from its growing global user base, as well as ongoing market analysis. The company aims to meet the needs of both individual users and institutional partners by providing a comprehensive suite of digital financial services that emphasize flexibility, security, and ease of use.

As part of its continuous improvement strategy, Ov Finance is investing in user education and financial literacy resources, including webinars, tutorials, and one-on-one advisory options. These efforts are designed to empower users with the knowledge needed to fully leverage the platform’s features and build long-term financial resilience.

With these enhancements, Ov Finance is reinforcing its role as a trusted partner for individuals and businesses seeking dynamic, user-focused financial solutions. The company plans to continue rolling out new features in the coming months, including automation tools for savings and personalized lending offers based on behavioral analytics.

As financial needs evolve, Ov Finance remains committed to helping users navigate complex economic environments with confidence, control, and clarity—through innovation, education, and a smarter approach to finance.

For more information, please visit Ov Finance.

Media Contact

Ethan Parker, Ov Finance, 1 317-979-6366, Service@ovfinance.com, https://www.ovfinance.com/

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SOURCE Ov Finance

Technology

AutoShop Answers and Rilla Launch Groundbreaking AI Initiative — Changing the Automotive Industry Forever

Published

5 hours ago

April 27, 2025

HOUSTON, April 27, 2025 /PRNewswire/ — AutoShop Answers, a leader in automotive service training and innovation, has officially partnered with Rilla, the premier AI-powered speech analytics company, to launch a groundbreaking initiative that is set to redefine the future of the auto repair industry.

This historic collaboration integrates Rilla’s advanced AI virtual ride-along and conversation analytics technology into the AutoShop Answers coaching platform, delivering a game-changing experience in customer engagement, service advisor training, and operational excellence.

Sebastian Jimenez, CEO of Rilla and NYU Stern graduate, brings a unique background — combining business acumen with a fresh approach to coaching drawn from his early stand-up comedy experience — to revolutionize how businesses train, coach, and grow. Rilla’s AI captures and analyzes real-time customer interactions, delivering actionable coaching insights hands-free.

Todd Hayes, founder of AutoShop Answers and a 30-year veteran of the auto repair industry, emphasized the significance of the launch:

“With Rilla’s AI, we’re not just training — we’re transforming. This technology allows us to coach sales calls, audit scripts, and elevate customer service like never before.”

The partnership officially debuted at AutoShop Answers’ sold-out Key to Key to Callbacks Weekend in Houston, Texas — a record-breaking, standing-room-only event filled with innovation, coaching breakthroughs, and more than 80 bursts of applause from an energized national audience.

The weekend began with a national online Strategy Saturday, hosted live by AutoShop Answers’ Glenn Piccolo. Todd Hayes then took the stage to share defining moments from his career, culminating in the official launch of AutoShop Answers AIX, powered by Rilla. Sebastian Jimenez joined the stage to introduce Rilla’s revolutionary capabilities to the automotive sector — ushering in a new high watermark for AI-powered live coaching and customer journey analysis.

The excitement continued with a special visit from Sunil Patel, CEO of Tekmetric, celebrating Tekmetric’s incredible milestone of reaching 10,000 auto shops nationwide. Congratulations were extended to both Tekmetric and ShopGenie, two of AutoShop Answers’ valued program sponsors.

The event also celebrated individual achievements, with Lynn Massengill receiving special recognition for surpassing both the $300,000 and $400,000 monthly revenue marks through AutoShop Answers coaching — truly a testament to the impact of training, innovation, and commitment.

Today, AutoShop Answers continues its momentum with the unveiling of the SPARR system, an AI-automated presentation platform that further advances their mission to empower service advisors and drive world-class customer service.

Next AutoShop Answers Key to Key to Callbacks Program: May 17–18!

Seats are already filling fast.

Learn more and register at: www.autoshopanswers.com

For more information, visit:
rilla.com
autoshopanswers.com

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SOURCE Autoshop Answers

Technology

Appotronics Debuts Full-Vehicle Optical System at Shanghai Auto Show

Published

5 hours ago

April 27, 2025

SHANGHAI, April 27, 2025 /PRNewswire/ — At Auto Shanghai 2025, Appotronics (688007.SH), the inventor of ALPD® laser display technology, unveiled its groundbreaking Lingjing Intelligent Automotive Optical System – a comprehensive solution enabling dynamic projections on any vehicle surface, both interior and exterior, including windshields, dashboards, seats, and windows. The system delivers high-luminance lighting and interactive displays, transforming vehicles into responsive ‘digital emotional spaces’ that adapt to occupants’ needs in real time.

The system spans seven key application scenarios, redefining in-vehicle functionality and user experience:

Artistic ambient lighting,Rear-seat entertainment with privacy-preserving large-screen projection,Dynamic pathway lighting that conveys mood and context,Boundary-free interactive displays on smart surfaces,Side window interfaces for human-vehicle interaction,ALL-in-ONE laser smart headlights combining illumination and display capabilities.

Yu Xin, Vice President of Appotronics, highlighted the company’s evolution in automotive innovation: “We’re moving beyond just supplying hardware to co-creating smart mobility experiences. By sharing our core technology platform, we’re collaborating with carmakers and developers to unlock new ways AI and optical tech can work together. Our goal is to turn cars from simple transport into ‘digital emotional spaces’—where every journey is tailored to its occupants, powered by AI and advanced laser tech.” This vision is already taking shape, with 13 active development orders underscoring Appotronics’ momentum in next-gen automotive optics.

Visitors can experience the technology firsthand at Hall 2.2H | Booth 2BA032 (National Exhibition and Convention Center, Shanghai) through May 2.

About Appotronics

Appotronics is the inventor of ALPD® laser display technology and one of the first companies to list on the Shanghai Stock Exchange STAR Market. From optics for cinemas, vehicles, and homes to AR glasses, Appotronics’ cutting-edge products are designed to meet the evolving needs of consumers and businesses worldwide.

Learn more at https://www.appotronics.com/

Media Contact
Ma Chunli
machunli@appotronics.com

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SOURCE Appotronics Corporation Ltd.