JPMorgan’s Onyx Division Introduces Tokenized Asset Transfer System for Seamless Fund Transfers JPMorgan’s innovative Onyx division has introduced a groundbreaking system designed for the transfer of tokenized assets, revolutionizing the efficiency and automation of fund transfers. This new development is set to empower companies by enabling them to address shortfalls promptly through automated fund transfers. …
Mahindra Logistics to Propel ONDC Sellers with Same-Day and Next-Day Intra-City Services, Expanding to Comprehensive Logistics Solutions Mahindra Logistics, a key player in the logistics and supply chain sector, has unveiled plans to offer same-day and next-day intra-city pick-up and delivery services to all sellers on the Open Network for Digital Commerce (ONDC). This strategic …
Amagi Expands Capabilities with Acquisition of Tellyo, A Cloud-Based Remote Video Production Platform Amagi, a global leader in cloud-based SaaS technology for broadcast and streaming TV, has announced the signing of a definitive agreement to acquire Tellyo, a prominent cloud-based remote video production platform. The acquisition, conducted for an undisclosed amount, is poised to significantly …
Perfios Achieves Remarkable Financial Turnaround in FY23, Registers Revenue Surge to Rs 407 Crore In a notable achievement, Perfios has reported a substantial financial turnaround in the fiscal year 2022-2023, with its revenue reaching an impressive Rs 407 crore. The fintech company’s success is attributed to its prowess in income analysis, fraud checks, verification processes, …
Company’s Aggressive Expansion 32,000 New Agents Hired BALIC Plans 80 Branch Additions, Faces Challenges in Life Insurance Sector In a robust expansion strategy, the company has successfully onboarded over 32,000 agents between April and October 2023, signaling a significant workforce augmentation effort. Despite this impressive hiring spree, the life insurance industry anticipates a challenging fourth …