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FICO Honors Tech Mahindra for Bold Solution Tackling India’s E-Commerce Returns Crisis

FICO Honors Tech Mahindra for Bold Solution Tackling India’s E-Commerce Returns Crisis

Second annual GSI Partner Hackathon sees global partners push the boundaries of financial innovation with FICO® Platform

BENGALURU, India–(BUSINESS WIRE)–
Global analytics software leader FICO (NYSE: FICO) has announced that Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, has been named one of the winners of its second annual Global System Integrator (GSI) Partner Hackathon. Held at FICO’s Bengaluru campus, the event invited leading GSI partners to compete in building real-world solutions to complex financial challenges using FICO® Platform, with one winning team selected from each participating partner.

More information: https://www.fico.com/en/fico-platform

The winning team from Tech Mahindra developed an innovative solution designed to tackle one of India’s most pressing e-commerce challenges: the outsized financial losses caused by Cash-on-Delivery (COD) returns. According to industry reports, India’s e-commerce sector loses billions annually to COD returns, with Return-to-Origin (RTO) rates of 25-30% for COD orders, compared to just 2-3% for prepaid.

Built on FICO Platform, the solution evaluates more than 70 risk signals across the cart-to-payment journey, simultaneously determining COD eligibility, prepaid incentive strategy, delivery partner selection, and dark store routing. The solution is designed to provide transparent, explainable, and audit-ready decisioning. Based on one million orders per month, the platform was projected to deliver a 6-9% reduction in RTO rates, translating to ₹1 crore (approximately $120,000 USD) in monthly loss reductions.

Leveraging its deep expertise in AI, analytics, and enterprise platform engineering, Tech Mahindra developed the solution to help retailers address one of the most significant operational challenges in India’s rapidly growing e-commerce ecosystem. Designed for enterprise-scale deployment, the solution evaluates multiple risk and business parameters in real time to optimize payment eligibility, fulfilment, and logistics decisions. Its transparent and audit-ready architecture enables organizations to strengthen governance while reducing operational losses and supporting long-term business resilience.

Anil Venuturupalli, SVP, Global Head of the Banking & Products Group and Chief Product Officer for the Financial Services (FS), Tech Mahindra, said, “As digital commerce continues to accelerate, retailers are increasingly looking beyond transaction processing to intelligent decision-making that can proactively reduce risk while delivering seamless customer experiences. Our award-winning solution demonstrates how intelligent decisioning can help enterprises make transparent, real-time decisions across the customer journey, enabling smarter fulfilment, optimized payment strategies, and improved operational outcomes. This recognition by FICO reinforces our commitment to developing scalable, data-driven innovations that address complex business challenges and create measurable value for enterprises.”

The Tech Mahindra solution was evaluated by a panel of five FICO judges based on alignment with the challenge, business impact, innovation, customer appeal, teamwork, and quality of presentation.

Recognition at FICO® World 2026

The winning Tech Mahindra team presented their solution at FICO® World 2026, which took place May 19 to 22, 2026, at the Signia by Hilton, Orlando, Florida. The team presented in the Demo Theatre, offering attendees a deep dive into how real-time decisioning is being applied to reduce e-commerce losses at scale.

“The best solutions solve problems people have stopped trying to fix,” said Jason Andrew, Chief Revenue Officer at FICO. “Tech Mahindra looked at India’s COD returns crisis and saw an opportunity where others saw an inevitability. That is the power of FICO Platform in the hands of talented, motivated teams, and it is why we invest in partnerships like this one.”

About Tech Mahindra

Tech Mahindra (NSE: TECHM, BSE: 532755) offers technology consulting and digital solutions to global enterprises across industries, enabling transformative scale at unparalleled speed. With 146,000+ professionals across 90 countries, Tech Mahindra provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services. It is the first Indian company in the world to have been awarded the Sustainable Markets Initiative’s Terra Carta Seal, which recognizes global companies that are actively leading the charge to create a climate and nature-positive future. Tech Mahindra is part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies.

For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit https://www.techmahindra.com.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.

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

Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs/.

For FICO news and media resources, visit https://www.fico.com/newsroom.

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

For more information on Tech Mahindra, please write to:

Email: [email protected]

Press Contacts

FICO

23 Watts for FICO

[email protected]

Saxon Shirley

FICO

+65 9171 0965

[email protected]

KEYWORDS: Florida United States India North America Asia Pacific

INDUSTRY KEYWORDS: Consulting Banking Personal Finance Technology Professional Services Electronic Commerce Data Analytics Software Artificial Intelligence Networks Internet

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WIX Investors Have Opportunity to Lead Wix.com Ltd. Securities Fraud Lawsuit

PR Newswire

NEW YORK, July 27, 2026 /PRNewswire/ — 

Rosen Law Firm Logo

Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Wix.com Ltd. (NASDAQ: WIX) between February 19, 2025 and May 12, 2026, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 22, 2026.

So what: If you purchased Wix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Wix class action, go to https://rosenlegal.com/cases/wixcom-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 22, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Wix had overstated the competitiveness and performance of its AI product offerings relative to those offered by other companies; (2) Wix had understated the costs associated with developing and promoting its AI product offerings; (3) accordingly, defendants overstated the commercial and financial benefits of Wix’s AI product offerings; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the Wix class action, go to https://rosenlegal.com/cases/wixcom-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/wix-investors-have-opportunity-to-lead-wixcom-ltd-securities-fraud-lawsuit-302835758.html

SOURCE THE ROSEN LAW FIRM, P. A.

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Market Technology Acquisition Corp Announces Closing of $205,000,000 Initial Public Offering, Including Partial Exercise of Underwriters’ Over-Allotment Option

New York, New York, July 27, 2026 (GLOBE NEWSWIRE) — Market Technology Acquisition Corp (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the closing of its initial public offering of 20,500,000 units (the “IPO”), which includes 500,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option, at an offering price of $10.00 per unit, resulting in gross proceeds of $205,000,000.

The units began trading on the Global Market tier of The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “MTAKU” on July 24, 2026. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at $11.50 per share. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “MTAK” and “MTAKW,” respectively.

The Company intends to use the net proceeds from the offering after expenses, and the simultaneous private placements of units, to consummate the Company’s initial business combination and for working capital following the offering.

BTIG, LLC is acting as sole book-running manager for the offering.

A registration statement relating to the securities sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on July 23, 2026. The offering was made only by means of a prospectus, copies of which may be obtained from: BTIG, LLC, 65 East 55th Street, New York, New York 10022, or by email at [email protected], or by accessing the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Market Technology Acquisition Corp

Market Technology Acquisition Corp is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company’s strategy allows for an initial business combination in any business or industry or at any stage of its corporate evolution, its primary focus is businesses operating across the global capital markets ecosystem, with particular emphasis on licensed U.S. equities and options clearing businesses and related market infrastructure, and post-trade, brokerage, custody, execution and financial technology platforms. The Company’s management team is anchored by CEO Jonathan Slone, and CFO and COO, Christopher Hayes, supported by a board of directors with extensive industry, operational and capital markets expertise.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s anticipated use of the net proceeds from the offering and search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the IPO filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts:

Jonathan Slone
[email protected]
(917) 362-1067 



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ACI Investors Have Opportunity to Join Albertsons Companies, Inc. Fraud Investigation with SBS Law

ACI Investors Have Opportunity to Join Albertsons Companies, Inc. Fraud Investigation with SBS Law

LOS ANGELES–(BUSINESS WIRE)–Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Albertsons Companies, Inc. (“ Albertsons” or “the Company”) (NYSE: ACI) for violations of the securities laws.

INVESTIGATION DETAILS: The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Albertsons reported its Q1 2026 financial results on July 23, 2026. The Company missed analyst expectations and reduced its full-year EPS outlook. Based on this news, shares of Albertsons fell sharply.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected]

WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Schall, Brown & Schwartz LLP

Brian Schall, Esq.,

Andrew Brown, Esq.,

David Schwartz, Esq.,

www.schallfirm.com

Office: 310-301-3335

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal

MEDIA:

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ZVRA Investors Have Opportunity to Join Zevra Therapeutics, Inc. Fraud Investigation with SBS Law

ZVRA Investors Have Opportunity to Join Zevra Therapeutics, Inc. Fraud Investigation with SBS Law

LOS ANGELES–(BUSINESS WIRE)–Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Zevra Therapeutics, Inc. (“Zevra” or “the Company”) (NASDAQ: ZVRA) for violations of the securities laws.

INVESTIGATION DETAILS: The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On July 24, 2026, Zevra received a negative opinion from the European Medicines Agency’s Committee for Medicinal Products for Human Use (“CHMP”) on the Marketing Authorization Application for arimoclomol, branded Meplyffa. Based on this news, shares of Zevra fell sharply on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected]

WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Schall, Brown & Schwartz LLP
Brian Schall, Esq.
Andrew Brown, Esq.
David Schwartz, Esq.
www.schallfirm.com
Office: 310-301-3335
[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal

MEDIA:

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Catalyst Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering

SANTA MONICA, July 27, 2026 (GLOBE NEWSWIRE) — Catalyst Acquisition Corp. (“Catalyst” or the “Company”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units will be listed on The Nasdaq Stock Market LLC (“Nasdaq”) and trade under the ticker symbol “CATLU” beginning July 28, 2026. Each unit consists of one Class A ordinary share and one right entitling the holder thereof to receive one-seventh of one Class A ordinary share upon the consummation of an initial business combination. The Class A ordinary shares and rights comprising the units are expected to begin separate trading no later than the 52nd day following this date. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on the Nasdaq under the symbols “CATL” and “CATLR,” respectively.

Santander is acting as sole book-running manager. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

The offering was made by means of a prospectus. Copies of the prospectus may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, by email at [email protected], or by telephone at 833-818-1602.

A registration statement relating to the securities became effective on July 27, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is expected to close on July 29, 2026, subject to customary closing conditions.

About Catalyst Acquisition Corp.

The Company is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination in any business or industry, it intends to focus on opportunities in traditional and digital media sectors including, but not limited to, video game companies, mobile gaming, publishers, studios and media platforms. The Company is led by its co-Chief Executive Officers Steven P. Beeks and Nicolas A. van Dyk, and its Chief Financial Officer Craig A. Elson. Melvin D. Lindsey, Richard W. Cook and Christopher Heatherly will be serving as board members.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s preliminary prospectus for the Company’s offering filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Investor Contact:

Catalyst Acquisition Corp.
(310) 404-1687



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PRCT Investors Have Opportunity to Lead PROCEPT BioRobotics Corporation Securities Fraud Lawsuit

PR Newswire

NEW YORK, July 27, 2026 /PRNewswire/ — 

Rosen Law Firm Logo

Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of PROCEPT BioRobotics Corporation (NASDAQ: PRCT) between February 28, 2024 and February 25, 2026, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 22, 2026.

So what: If you purchased PROCEPT common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the PROCEPT class action, go to https://rosenlegal.com/cases/procept-biorobotics-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 22, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) during the Class Period, Procept had utilized an extensive discount program designed to incentivize its customers to place bulk orders in excess of procedure demand; (2) Procept’s undisclosed discount program had artificially and unsustainably inflated Procept’s reported U.S. handpiece unit sales and revenues by pulling forward sales at the expense of future periods; (3) Procept’s undisclosed discount program had caused customer handpiece orders to materially exceed underlying procedure demand throughout the Class Period and that this differential had materially grown over time; (4) Procept’s consistent surplus of U.S. handpiece unit sales relative to performed procedures had created a glut of field inventory and overstocking amongst Procept’s customer base, amounting to more than 10,000 excess units by the end of the Class Period; (5) as a result of the foregoing, defendants’ representations during the Class Period regarding Procept’s handpiece unit sales and the utilization of Procept’s field Systems were materially overstated; and (6) as a result of the foregoing, Procept was acutely exposed to material undisclosed risks of significant operational and financial harm; and as a result of the foregoing, Procept was unable to achieve its stated 2025 handpiece sales and revenue guidance and such guidance lacked a reasonably achievable factual basis. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the PROCEPT class action, go to https://rosenlegal.com/cases/procept-biorobotics-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/prct-investors-have-opportunity-to-lead-procept-biorobotics-corporation-securities-fraud-lawsuit-302835753.html

SOURCE THE ROSEN LAW FIRM, P. A.

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Agibank Recognized as One of the World’s Top Fintechs in ‘The World’s Top Fintech Companies’ 2026 List

Agibank Recognized as One of the World’s Top Fintechs in ‘The World’s Top Fintech Companies’ 2026 List

Global ranking by CNBC and Statista highlights companies redefining the future of the financial sector. Agibank appears for the fourth consecutive year among the world’s most relevant fintechs

SÃO PAULO–(BUSINESS WIRE)–
Agibank (NYSE: AGBK), a bank that combines the efficiency and scalability of a digital platform with the proximity of in-person service, is among the ten Brazilian companies included in The World’s Top Fintech Companies 2026 list, compiled by CNBC in partnership with the research firm Statista.

The ranking brings together the 500 most innovative fintechs with the greatest impact on the transformation of the global financial system. In this edition, only ten Brazilian companies were recognized.

This is Agibank’s fourth consecutive appearance on the list. Since 2023, when the survey covered 200 companies, the bank has been among the main Brazilian representatives in the Neobanking category, which brings together digital financial institutions that have expanded their operations beyond traditional digital bank and prepaid card issuer models.

This recognition comes during a period of strong evolution for the company. In 2026, Agibank debuted on the New York Stock Exchange (NYSE) and continues to increase investments in innovation and its hybrid service model, which combines a 100% digital platform with more than 1,115 physical hubs across the country, promoting access to financial services for audiences of different profiles and age groups.

“Being listed once again by CNBC as one of the world’s top fintechs proves that we are on the right path. This recognition reflects the consistent evolution of our business model and reinforces our commitment to offering an increasingly innovative and accessible financial experience,” says Glauber Correa, CEO of Agibank.

CNBC’s selection is based on an independent analysis conducted by Statista, which evaluates thousands of companies based on performance indicators such as transaction volume, revenue growth, customer base expansion, technological innovation, and market impact.

In this edition, the study analyzed approximately 3,500 fintechs and more than 25,000 data points. The 500 selected companies represent 55 countries. The United States accounts for approximately 42% of the listed companies, followed by the United Kingdom (13%) and India (5%).

No Offer

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Agi Inc’s control. Agi Inc’s actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition, regulatory or tax developments, changes in its business, industry, or local or global economic and other developments.

About Agi

Agi stands for a banking experience that welcomes and empowers all Brazilians through a business model that is unique in Brazil. Designed to serve a customer base that represents the majority of the Brazilian population, our model addresses needs that remain outside the priorities of traditional large banks and purely digital banks. We fill a gap in the market by serving, with quality and dignity, customers who are often overlooked.

Our hybrid model combines the best of both worlds: a fully digital bank that is light, fast, and easy to use, complemented by physical branches that offer a welcoming, agile, and accessible in-person experience for all Brazilians. We develop tailored solutions and provide a simple, inclusive customer journey for non-digital-native clients, creating a meaningful competitive advantage. This approach enables us to attract more customers, build long-lasting relationships, and strengthen our growth trajectory.

Press Contact

Email: [email protected]

Website: investors.agiinc.com

KEYWORDS: Latin America North America United States Brazil South America

INDUSTRY KEYWORDS: Professional Services Technology Finance Software Fintech Banking

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Baidu to Hold Extraordinary General Meeting on August 26, 2026

PR Newswire

BEIJING, July 27, 2026 /PRNewswire/ — Baidu, Inc. (“Baidu” or the “Company”) (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, today announced that it will hold an extraordinary general meeting of shareholders (the “EGM”) at Baidu Campus, No. 10, Shangdi 10th Street, Haidian District, Beijing 100085, People’s Republic of China on August 26, 2026 at 9:00 a.m. (Beijing/Hong Kong time), for the purposes of considering and, if thought fit, passing each of the resolutions to be submitted to shareholder approval at the EGM as set forth in the notice of the EGM (the “EGM Notice”). The EGM Notice and the form of proxy for the EGM are available on the Company’s website at https://ir.baidu.com.

As previously announced, the board of directors of the Company has fixed the close of business on July 17, 2026, Hong Kong time, as the record date (the “Shares Record Date”) of Class A ordinary shares with a par value of US$0.000000625 each (the “Class A Ordinary Shares”) and Class B ordinary shares with a par value of US$0.000000625 each (together with the Class A Ordinary Shares, the “Shares”). Holders of record of the Company’s Shares as of the Shares Record Date are entitled to attend and vote at the EGM and any adjourned meeting thereof.

Holders of record of American depositary shares (the “ADSs”) as of the close of business on July 17, 2026, New York time, who wish to exercise their voting rights for the underlying Class A Ordinary Shares must give voting instructions to The Bank of New York Mellon, the depositary of the ADSs.

The Company has filed its annual report on Form 20-F, including its audited financial statements, for the year ended December 31, 2025 (the “Form 20-F”), with the U.S. Securities and Exchange Commission. The Form 20-F can be accessed on the Company’s website at https://ir.baidu.com, as well as on the SEC’s website at http://www.sec.gov.

The Company has also published an annual report (the “Hong Kong Annual Report”) pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“HKEx”). The Hong Kong Annual Report contains substantially the same information as set forth in the Form 20-F and can be accessed on the Company’s investor relations website at https://ir.baidu.com as well as the HKEx’s website at http://www.hkexnews.hk.

About Baidu

Founded in 2000, Baidu’s mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on Nasdaq under “BIDU” and HKEX under “9888”. One Baidu ADS represents eight Class A ordinary shares.

 

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SOURCE Baidu, Inc.

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HII’s Ingalls Shipbuilding Expands Distributed Shipbuilding to Amphibious Ships

PASCAGOULA, Miss., July 27, 2026 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Ingalls Shipbuilding division has expanded its distributed shipbuilding strategy to include modular unit construction for the U.S. Navy’s amphibious transport dock program, beginning with Philadelphia (LPD 32). This expansion builds on the proven success achieved through distributed shipbuilding in HII’s destroyer program, further strengthening the company’s commitment to increasing throughput and supporting the national industrial base.

“Expanding distributed shipbuilding into the LPD program is a critical step in scaling capacity to meet rising fleet demand,” Ingalls Shipbuilding President Brian Blanchette said. “By shifting selected structural units to trusted partners, just as we’ve successfully done in the Flight III destroyer program, we’re enabling more parallel construction and freeing our Ingalls team to focus on the complex assembly and integration work that only a major shipyard can perform.”

A photo accompanying this release is available at: http://hii.com/news/hiis-ingalls-shipbuilding-expands-distributed-shipbuilding-to-amphibious-ships.

Ingalls is extending distributed construction to amphibious ships, with eight structural units for Philadelphia (LPD 32) awarded to two partners and already in early production. This approach builds on the efficiencies demonstrated in the Flight III destroyer program, where partner-built units for Thad Cochran (DDG 135) arrived ahead of the ship’s October 2025 keel authentication and supported early-sequence work. Ingalls aims to replicate those efficiencies across the amphibious shipbuilding line.

Looking ahead, distributed shipbuilding remains central to meeting Navy fleet demand. Last year, HII doubled its distributed shipbuilding workload, and the company plans to increase outsourced shipbuilding hours by another 30% in 2026, with amphibs representing a significant share of that growth.

About HII

HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.

With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 45,000 strong. For more information, visit:

Contact:

Kimberly K. Aguillard
[email protected]
228-355-5663

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/39eac154-068b-45c8-a8d8-e648f7151492