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Wegofin – Future fintech unicorn in AI Banking, a Key Sponsor in IBA’s 20th Annual Technology Conference to Shape the Future of Indian Banking

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MUMBAI, India, Jan. 23, 2025 /PRNewswire/ — The Indian Banks’ Association (IBA) is gearing up for its 20th Annual Banking Technology Conference, an event that has come to symbolize the relentless evolution and modernization of India’s financial sector. This year’s conference, taking place on January 24, 2025, at the iconic Trident Nariman Point in Mumbai, carries the theme ‘Future-Ready Banking for Viksit Bharat’, encapsulating the vision of a digitally empowered and self-reliant India. For over two decades, IBA has served as a platform for accelerating growth, championing breakthroughs, promoting collaboration, and addressing the challenges facing the banking sector, thereby positioning itself as a critical forum for knowledge exchange and networking.

The gathering is set to attract over 350 brightest minds, from a diverse mix of bankers, and regulatory officials, fostering an intellectual dialogue on the role of fintech enablers technology in driving India’s financial future. By bringing together these thought leaders and innovators, IBA continues to catalyze the adoption of next-generation solutions, setting benchmarks for the industry. The conference exemplifies this spirit, offering a platform where emerging players can make their mark and established entities can explore new frontiers.

One of the biggest highlights of this prestigious event is the participation of Wegofin, a leading fintech innovator, as a key sponsor, which is a testament to its commitment to advancing the fintech landscape.

Wegofin is at the forefront of transforming the digital banking and merchant acquisition landscape through the unparalleled power of Generative AI. By leveraging years of real-world data and business acumen, it has consistently demonstrated its ability to deliver cutting-edge solutions backed by groundbreaking AI products that address the evolving needs of banks, merchants, and customers alike. The company’s focus on AI-ML technologies has positioned it as a key player in the journey towards financial inclusion and economic growth. Every feature launched by Wegofin is built on advanced architecture and is designed to deliver unparalleled performance, reliability, and trust.

The integration of AI-Banking with its end-to-end solutions enhances critical areas like account management, compliance, tax consultation, actionable insights, analytics, reporting, and operational efficiency, creating a system that adapts and evolves with market needs. A cornerstone of Wegofin’s solutions is its industry-leading AI-Risk Engine, ensuring the lowest dispute ratios and offering unmatched security for merchants and banks.

To further shed light on the transformative potential of Generative AI within the financial sector, Wegofin’s CEO, Mr. Prabhu Kumar, will also be participating in an enthralling panel discussion with other industry visionaries. The anticipated discussion further promises to uncover newer ideas and insights on critical areas in banking, payments, and underlying technology to deliver the ultimate user experience. We also expect him to emphasize how Gen AI would continue to contribute to enhancing decision-making capabilities, fortifying security frameworks, and reducing friction in transactions.

With AI emerging as a technological advancement in the space, Mr. Kumar’s expertise will without a doubt resonate deeply with stakeholders across the industry.

As India moves towards realizing its vision of ‘Viksit Bharat’, Wegofin intends to play a crucial role in empowering banks and merchants to adopt future-ready and trust-driven models that streamline operations, boost efficiency, and unlock growth.

Through Generative AI, Wegofin is not just reimagining banking—it is redefining its future.

To know more about this conference, please visit:

https://www.iba.org.in/citations2024/index.html

For further details visit: 

https://www.wegofin.com/ 

Photo: https://mma.prnewswire.com/media/2604593/Wegofin_IBA_2025.jpg

 

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

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SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

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Amy Johnson Appointed President of GDIT

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RESTON, Va., Oct. 23, 2026 /PRNewswire/ — General Dynamics (NYSE:GD) announced today that Amy Johnson has been appointed as president of GDIT, effective November 3.

Johnson is a 27-year veteran of General Dynamics Mission Systems, where she held increasingly senior roles in engineering, engineering management and business leadership across cybersecurity, defense electronics, space and intelligence systems, most recently as vice president and general manager for Space, Cyber and Intelligence. She earned bachelor’s and master’s degrees in computer science and computer systems engineering. 

“Amy has a proven track record of leading teams to solve complex and highly technical challenges for our customers,” said Phebe Novakovic, CEO of General Dynamics. “I am confident that her dynamic leadership, operational rigor and deep commitment to our values and culture will deliver value to our customers, employees and shareholders.”

GDIT delivers digital modernization, cloud computing, artificial intelligence, cybersecurity and software development solutions to the U.S. federal government, defense, intelligence agencies and other customers. It is a business unit of General Dynamics, a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 120,000 people worldwide and generated $52.6 billion in revenue in 2025. More information is available at gd.com.

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SOURCE General Dynamics

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