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Pismo debuts in the Global Fintech Fest 2024

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Global tech specialists to discuss modernisation trends and present local clients

BANGALORE, India, Aug. 28, 2024 /PRNewswire/ — Pismo, the global cloud-native API-based platform, joins the Global Fintech Fest (GFF) for the first time presenting the benefits of an integrated core banking and payments platform at booth #Q16/17.

Established in India in 2022, Pismo boasts a strong team and operates an office in Bangalore.

Vishal Dalal, CEO (North America, EMEA, and APAC) at Pismo, says: “Pismo has continuously invested in developing India as one of the company’s strategic markets with the mission to offer a platform that can easily modernise banking infrastructure. With a more agile, efficient, and flexible infrastructure, Indian banks can adapt faster to changes in the client’s needs, their regulations updates, and even growing competition. All this while controlling costs and taking ownership of their technical path.”

Pismo was founded by entrepreneurs who saw the future of banking infrastructure in the cloud. In 2021, the company initiated its global expansion and now has offices in Brazil, the UK, US, Singapore and India. Among Pismo’s clients are Citi, Itaú, BTG, B3 (Brazilian Stock Exchange), Cora, Access, NG Cash, @Pay.

“Drawing from our extensive global experience, we catered to a diverse range of clients, from Fortune 500 banks to innovative fintech, empowering them to provide exceptional user experiences. Our microservices and APIs for payment processing and core banking are tailored to meet the needs of financial institutions worldwide. Moreover, our local presence underscores our ability to customise and deliver solutions that align with the unique requirements of the Indian market,” enthuses Varun Dudeja, Head of Business Development, APAC, at Pismo.

Local Clients

Pismo is seeing tremendous interest from financial institutions across India. So far, five banks and three fintech are actively implementing the platform. Among them City Union Bank, 42Cards and Vegapay.

Pismo platform offers an array of microservices and APIs for payment processing and core banking. These functional “building blocks” equip financial companies with the means to swiftly develop and roll out new products and services. Being cloud-based, the platform also ensures scalability to coincide with business growth, all while upholding security and availability standards.

Earlier this year, Visa International acquired Pismo. With this partnership, Pismo will be able to reach greater heights on the global scale and continue to be pivotal in the ongoing transformation and modernisation of the financial sector.

Media contact:
Patricia Bartuira
+ 1 (786) 270-6253
patricia@bmcsmart.com 

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E Ink Breaks Ground on Expansion of U.S. Research & Development Headquarters

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New facility underscores company’s long-term investment in innovation, advanced display technologies, and local economic growth

BILLERICA, Mass., July 21, 2026 /PRNewswire/ — E Ink, the originator, pioneer, and global commercial leader in ePaper technology, today celebrated the groundbreaking of an expansion of the U.S. headquarters in Billerica, Massachusetts. The project expands the footprint at the company’s Billerica Innovation Center, reinforcing E Ink’s long-term commitment to cutting-edge innovation and the Massachusetts technology ecosystem.

E Ink Breaks Ground on Expansion of U.S R&D Headquarters in Massachusetts.

“Today’s groundbreaking marks an exciting milestone for E Ink as we further invest in the people, technologies, and infrastructure that drive innovation,” said Paul Apen, Chief Business and Operations Officer at E Ink. “Expanding our Billerica campus strengthens our ability to advance technology innovation in the United States, support our customers around the world, and contribute to the continued growth of the local economy and innovation community.”

The expanded facility will provide a new, cutting-edge workspace that inspires collaboration and accelerates advancements in ePaper applications. Construction is expected to be completed by March 2027 with support from NV5 Planning & Design, Inc., IF Design L.L.C., and SPEC Process Engineering & Construction, Inc.

E Ink has a storied connection to the state of Massachusetts, having spun out of the MIT Media Lab in 1997 and since establishing its U.S. headquarters in Billerica. The Billerica campus is home to 260+ employees and serves as a key global R&D center, collaborating closely with customers, academic institutions, and industry partners to develop technologies that enable low-power, highly readable, and sustainable display solutions.

“We’re grateful for the ongoing partnership between the Town of Billerica and E Ink,” said Katherine Malgieri, Director, Planning & Community Development at the Town of Billerica. “This latest project is expected to create new jobs during development and upon completion, further contributing to the region’s innovation economy.”

About E Ink
E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, provides an ideal display medium for applications spanning eReaders and eNotes, retail, home, hospital, transportation, logistics, and more, enabling customers to put displays in locations previously impossible. E Ink’s electrophoretic display products make it the worldwide leader for ePaper. Its low-power displays enable customers to reach their sustainability goals, and E Ink has pledged using 100% renewable energy in 2030 and reaching net zero carbon emissions by 2040. E Ink has been recognized for its efforts by receiving validation from Science-Based Targets (SBTi) and is listed in both the DJSI World and DJSI Emerging Indexes. Listed in Taiwan’s Taipei Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world’s largest supplier of ePaper displays. For more information, please visit www.eink.com. E Ink. We Make Surfaces Smart and Green.

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SOURCE E Ink Corporation

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Hewlett Foundation Announces New $100 Million Emerging Technology and Security Initiative

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MENLO PARK, Calif., July 21, 2026 /PRNewswire/ — The William and Flora Hewlett Foundation announced a five-year, $100 million grantmaking initiative intended to help foster innovation while supporting the safe development of emerging technologies. Unveiled at the Aspen Security Forum, the Emerging Technology and Security Initiative addresses critical challenges in artificial intelligence, biotechnology, and quantum computing to help keep people safe in the US and around the world.

The initiative builds on $10 million in exploratory grants announced in February to institutions including Stanford’s Hoover Institution and Vanderbilt University’s Institute of National Security, with another $10 million planned through 2026.

“Rapidly emerging technologies like AI hold extraordinary promise while posing novel security challenges,” said Hewlett Foundation President Amber D. Miller. “We view embracing progress and tackling safety risks as natural complements, not competing approaches.”

The public increasingly worries that neither industry nor government can adequately balance innovation with cybersecurity. Independent institutions can bridge this gap, ensuring transformative technologies strengthen democratic societies while safeguarding against vulnerabilities and misuse.

The initiative supports civil society organizations, universities, think tanks, and independent institutions through three focused areas:

Protect Critical Infrastructure — Strengthen defense of essential systems including power grids, water infrastructure, hospitals, and the information ecosystem against AI-enabled threats domestically and globally.

Address Emerging Technology Vulnerabilities — Reduce security risks posed by AI and other fast-moving technologies, particularly biotechnology and quantum computing, while safeguards remain feasible.

Support Global Governance — Help U.S. states, allied governments, and capable actors worldwide develop responsible rules, norms, and frameworks for governing emerging technologies while advancing American leadership.

This initiative continues the Hewlett Foundation’s 60-year commitment to technology and security, including its decade-long Cyber Initiative that established cyber policy as a field. The foundation emphasizes empirically grounded, practical solutions addressing near-term security challenges.

“Too much of the AI and emerging technology debate misses questions ordinary people care about most — their safety and how these technologies impact their families,” said Eli Sugarman, director of Special Projects leading the initiative. “This is about evidence-based problem-solving, funding creative experts on critical cybersecurity challenges, and convening diverse stakeholders across government, industry, and civil society.”

The foundation believes success requires broad coalition partnerships, including constructive engagement with technology companies on shared safety and security priorities while maintaining civil society’s independence.

Learn more: hewlett.org/emerging-tech-and-security 

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SOURCE Hewlett Foundation

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Gastops Delivers 20,000th MetalSCAN® Sensor to the Aerospace Market

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OTTAWA, ON, July 21, 2026 /PRNewswire/ – Gastops, a Canadian leader in intelligent condition monitoring and predictive maintenance solutions, announced the delivery of its 20,000th MetalSCAN® oil debris monitoring sensor to the aerospace market at the Farnborough International Airshow today.

This milestone marks nearly three decades of innovation and collaboration with leading aerospace manufacturers. Gastops began developing MetalSCAN® technology in the early 1990s for integration into the Pratt & Whitney F119 engine powering the F-22 Raptor. Following the delivery of the first production unit in 1997, the technology has become a trusted condition monitoring solution across some of the world’s most advanced aerospace platforms. Pratt & Whitney is an RTX business.

The 20,000th aerospace MetalSCAN® sensor was delivered in June 2026 for Pratt & Whitney’s F135 engine program, which powers all variants of the F-35 Lightning II.

Over the past 35 years, MetalSCAN® has been selected for numerous military and commercial aerospace programs and is now an integral bill-of-material component on several leading propulsion platforms, including:

Pratt & Whitney F119 engine for the F-22 RaptorPratt & Whitney F135 engine and Lift Fan system for the F-35 Lightning IIEurojet EJ200 engine for the Eurofighter TyphoonPratt & Whitney GTF™ engine family

MetalSCAN® technology enables operators to detect and monitor metallic wear debris in lubricated systems, providing critical insight into equipment health and supporting condition-based maintenance strategies. MetalSCAN® helps maintenance teams make informed decisions that improve operational readiness, reduce unnecessary inspections, and optimize lifecycle costs.

For Gastops, supporting these world-class aerospace programs represents a significant achievement for a Canadian small-to-medium enterprise.

“For more than 35 years, our research and innovation, and collaboration with our partners have advanced our condition monitoring technologies that improve the safety, performance, and availability of critical aerospace assets,” said Daniel Obedi, Vice President, Aerospace Platforms at Gastops. “While MetalSCAN remains a core solution in our portfolio, we have also advanced complementary technologies such as ChipCHECK®, expanding the capabilities available to both commercial and defence operators worldwide.”

While MetalSCAN® is widely recognized for its aerospace applications, the technology is also deployed across marine, energy, and industrial markets. To date, Gastops has delivered more than 50,000 MetalSCAN® sensors worldwide across all industries.

About Gastops

Gastops is the world’s leading provider of intelligent condition monitoring solutions used in Aerospace, Defence, Energy, and Industrial applications to optimize the availability, performance, and safety of critical assets. We offer peace of mind to our customers with innovative online monitoring sensors, at-line analysis, complex modeling and simulation, world-class laboratory testing, engineering, design, and MRO services that predict performance to enable proactive operating decisions. We have been providing powerful insights into the condition of critical equipment since 1979. Gastops is the intelligence inside what moves you.

Media Contact:
Justin St-Denis
media@gastops.com  
+1 (613) 744-3530

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