Technology

CloudWalk’s AI Stops $2 Billion in Fraud, Leads Fintech Innovation in LatAm Tech Report

Published

1 year ago

December 20, 2024

Owner of InfinitePay and Jim.com recognized as a top Latin American fintech, setting benchmarks in banking, artificial intelligence adoption, digital security, and instant payments

SÃO PAULO, Dec. 20, 2024 /PRNewswire/ — CloudWalk, the financial technology company behind InfinitePay and Jim.com, has been highlighted in the Latam Tech Report 2024, one of the most respected reports on innovation and investments published by Latitud. The fintech was recognized as a leader in banking, artificial intelligence adoption, digital security, and instant payments.

The report emphasizes CloudWalk’s AI-powered fraud detection system, which combines predictive analysis models with real-time monitoring. This system enabled the company to prevent $2 billion in fraud between June 2023 and June 2024. Furthermore, AI-based products developed by CloudWalk over the past two years are projected to generate hundreds of millions in additional revenue in 2024.

Luis Silva, CEO and founder of CloudWalk, provides insights on two key trends for the financial sector in 2025: the impact of instant payments and the adoption of AI in business operations. On both fronts, CloudWalk is recognized as a global leader.

“The future belongs to fintechs that embrace the transformative power of artificial intelligence. Those that don’t will inevitably lose the ability to innovate and impact their customers’ lives meaningfully. Automating repetitive tasks, enhancing transfer security, and delivering personalized product recommendations and credit proposals—AI allows us to operate with precision at a scale that would otherwise be unattainable.”

“By the end of 2024, 90% of customer support interactions at InfinitePay were handled by AI-driven tools, up from 75% the previous year. These interactions are resolved within seconds, with satisfaction levels comparable to those of our best human analysts. This efficiency gain in customer service is expected to result in annual savings of $20 million,” says Silva.

On instant payments, he highlighted the importance of quick fund transfers for SMBs: “For small merchants, the value of instant payments goes beyond convenience. It directly ties to the quick availability of funds, minimizing the impact of inflation, accelerating cash flow, purchases, and sales, and ultimately driving prosperity.”

The report provides a comprehensive analysis of fintech trends across Latam. This ecosystem analysis was complemented by Latitud’s in-depth exploration of recent regional data and conversations with over 50 founders and investors, offering valuable insights into the sector’s evolution and opportunities. Download here.

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SOURCE CloudWalk

Technology

IGCS International Announces Strategic Equity Investment by Lacks Enterprises

Published

22 minutes ago

April 22, 2026

DALLAS, April 22, 2026 /PRNewswire/ — IGCS International, a CVE-certified SDVOSB and leading provider of mission support and MRO supplies to the U.S. Department of Defense and federal agencies, today announced that Lacks Enterprises has acquired an equity stake in the company.

The strategic investment combines IGCS’s expertise in government supply chain, logistics, and MRO solutions with Lacks Enterprises’ advanced manufacturing capabilities, including electroplating, injection molding, composites, and testing for aerospace and defense.

“IGCS has built a strong track record supporting the Department of Defense… Partnering with Lacks Enterprises allows us to integrate cutting-edge manufacturing innovation into our offerings,” said Russ Spears, President of IGCS International.

Media Contact: Russ Spears, 214-733-7278, russ@igcsintl.com

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SOURCE IGCS International

Technology

Shoulder Innovations to Report First Quarter 2026 Financial Results on May 13, 2026

Published

22 minutes ago

April 22, 2026

GRAND RAPIDS, Mich., April 22, 2026 /PRNewswire/ — Shoulder Innovations, Inc. (“Shoulder Innovations”) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced it will release financial results for the first quarter of 2026 after market close on Wednesday, May 13, 2026.

Management will host a conference call to discuss financial results beginning at 4:30 p.m. ET / 1:30 p.m. PT on May 13, 2026. Those interested in listening to the conference call may do so by dialing (877) 407-8216 for domestic callers or (412) 902-1015 for international callers and providing access code 13759613. A live and archived webcast of the event will be available in the “Investor Relations” section of the Shoulder Innovations website at https://ir.shoulderinnovations.com/.

About Shoulder Innovations
Shoulder Innovations is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, with a current offering of advanced implant systems for shoulder arthroplasty. These systems are a core element of Shoulder Innovations’ ecosystem, which is designed to improve core components of shoulder surgical care – preoperative planning, implant design and procedural efficiency – to benefit each stakeholder in the care chain. Shoulder Innovations’ ecosystem is also comprised of enabling technologies, efficient instrument systems, specialized support and surgeon-to-surgeon collaboration. Together, these elements seek to address the long-standing clinical and operational challenges in the shoulder surgical care market by delivering predictable outcomes, procedural simplicity, and efficiency across all sites of care.

Contact
Brian Johnston or Sam Bentzinger
Gilmartin Group LLC
ir@shoulderinnovations.com

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SOURCE Shoulder Innovations

Technology

Accuray to Report Third Quarter Fiscal 2026 Financial Results on May 6, 2026

Published

22 minutes ago

April 22, 2026

MADISON, Wis., April 22, 2026 /PRNewswire/ — Accuray Incorporated (NASDAQ: ARAY) will report financial results for the third quarter of fiscal year 2026, ended March 31, 2026, during a conference call hosted by company management at 1:30 p.m. PT/4:30 p.m. ET on May 6, 2026.

The conference call dial-in numbers are 1-833-316-0563 (USA) or 1-412-317-5747 (international). In addition, a dial-up replay of the conference call will be available approximately one hour after the call’s conclusion for one week. The replay number is 1-855-669-9658 (USA) or 1-412-317-0088 (international), conference ID: 4178502.

A live webcast of the call will also be available from the Investor Relations section of the company’s website at investors.accuray.com. A webcast replay can be accessed on the website and will remain available until Accuray announces its results for the fourth quarter of fiscal 2026.

About Accuray
Accuray is committed to expanding the powerful potential of radiation therapy to improve as many lives as possible. We invent unique, market-changing solutions designed to deliver radiation treatments for even the most complex cases—while making commonly treatable cases even easier—to meet the full spectrum of patient needs. We are dedicated to continuous innovation in radiation therapy for oncology, neuro-radiosurgery, and beyond, as we partner with clinicians and administrators, empowering them to help patients get back to their lives, faster. Accuray is headquartered in Madison, Wisconsin, with facilities worldwide. To learn more, visit www.accuray.com or follow us on Facebook, LinkedIn, X, and YouTube.

Investor and Media Contact
Steve Monroe
VP, Financial Planning & Analysis, Accuray
Investor.relations@accuray.com

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SOURCE Accuray Incorporated