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HyPerform Receives ‘Excellence in Fintech’ Award at ET NOW Business Conclave & Awards 2025

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NOIDA, India, March 7, 2025 /PRNewswire/ — ACT21 Software’s flagship product, HyPerform – Incentive and Commission Management (ICM) Solution, has been honoured with the ‘Excellence in Fintech’ award at the ET NOW Business Conclave & Awards 2025.

The award was presented to Pankaj Gupta, Founder & CEO of ACT21 Software, by Lt. General K.T. Parnaik (Governor of Arunachal Pradesh), recognizing HyPerform’s contribution to innovation and excellence in the fintech sector.

HyPerform has assisted businesses to increase sales by 30%, optimize incentive strategies, support secure compensation programs, and manage complex calculations for millions of payees processing billions of transactions. Its seamless integration with multiple data sources and robust IGA framework empower businesses to ensure compliance and streamline audit processes, ultimately driving operational efficiency and growth within the BFSI sector.

“This recognition is a testament to our unwavering commitment to innovation, excellence, and making a real impact in the industry. HyPerform has evolved into a leading solution in incentive and commission management, and this achievement belongs as much to our incredible team, partners, and customers as it does to ACT21 Software,” said Pankaj Gupta.

As India aims to become a $5-trillion economy by 2030, the ET NOW Business Conclave & Awards 2025 serves as a pivotal platform for visionary leaders and industry experts. This prestigious event focuses on India’s transformative growth journey, discussing data-driven insights and innovative solutions for inclusive economic development. It celebrates the game changers whose determination and groundbreaking achievements are shaping a better future.

About ACT21 Software

ACT21 Software, headquartered in Noida, NCR, India, is a leading SaaS company reshaping BFSI tech with low-code, and AI-driven solutions. We empower financial institutions worldwide with comprehensive Business Process Automation to enhance efficiency, streamline operations, and drive data-driven insights, all while minimizing human intervention.

Our suite of innovative products includes HyPerform, which optimizes incentives and increases sales by 30% through features like DIY capabilities and real-time analytics; Underwriter360, which enhances traceability and borrower experiences with smart automation, achieving a 5x conversion rate increase; and ImpaktApps, which facilitates rapid application development by converting ideas into impactful applications while cutting development costs by 50%. With a strong focus on improving productivity, reducing costs, and driving data-driven insights, ACT21 Software is dedicated to helping financial institutions thrive in an evolving technological landscape.

Our commitment to excellence and innovation positions us as the partner of choice for organizations seeking to optimize their processes and embrace the future of finance technology.

For more information, visit www.act21.io.

About ET NOW

ETNow.in is India’s leading English business news website, offering a comprehensive platform for business-related news, insights, features, interviews, and analysis. Covering topics such as the stock market, economy, IPOs, mutual funds, income tax, and personal finance, the platform presents complex financial information in a clear and accessible manner.

The platform is widely followed by top business leaders, industry experts, economists, and researchers. Its biggest strength lies in its jargon-free language, making it easier for readers to understand intricate financial reports, revenue sheets, and market trends.

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Northeastern Illinois University Becomes First Public University in Chicago to Launch Bachelor of Science Degree in Artificial Intelligence

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Applications are now open for Fall 2026.

CHICAGO, July 23, 2026 /PRNewswire/ — Northeastern Illinois University will launch a new Bachelor of Science in Artificial Intelligence beginning in Fall 2026, becoming the first public university in Chicago to offer an undergraduate degree in AI. Applications are open through Aug. 1 for domestic students.

“Designed for students from all backgrounds, the Bachelor of Science in AI program provides a welcoming introduction to artificial intelligence with no prior experience required, while maintaining a clear pathway to advanced, career-ready skills,” said NEIU’s Chair of Computer Science Xiwei Wang, Ph.D. “We believe AI should serve people — not the other way around. Ethical reasoning, fairness and social responsibility are integrated throughout the curriculum, preparing students to develop responsible and impactful AI solutions.”

The new AI major, housed in NEIU’s College of Business and Technology (CBT) within the Department of Computer Science, is designed to balance theory, application and real-world relevance.

Curriculum highlights include:

Foundational courses in programming, mathematics and data structuresCore AI courses such as Artificial Intelligence, Machine Learning and Natural Language ProcessingSupporting coursework in databases, operating systems, data analysis and information processingA writing-intensive software engineering courseEthical AI development, including responsible technology use, awareness of limitations and consideration of public impact.

“Last year, we launched the ‘Artificial Intelligence for All’ course, which enabled students in any major to develop their awareness and literacy around AI through practical and accessible ways,” said Northeastern Dean of the College and Business and Technology Michael Bedell, Ph.D. “Now, as we launch our new major in AI, we are empowering Northeastern Illinois University students not just to learn how to use AI as a tool, but to delve deep into AI — to understand how it works, why it works, and how to keep people at the center of its implementation. Our program will ask students to consider moral and ethical challenges new technology demands that we tackle so our students become more than innovators; they will be leaders with hands-on skills as well as purpose.”

Upon graduation, students will be prepared to work in a variety of fields including AI engineering and development, data and analytics, AI applications and other emerging careers, or continue their education through graduate studies.

“Beyond technical expertise, students will strengthen communication, teamwork and critical thinking skills,” Dr. Wang said. “Our goal is that students will graduate with experience in programming, machine learning, and software development to be ready to contribute to the workforce immediately.”

The University offers scholarships, including NEIU For You, a tuition top-off scholarship that covers the cost of tuition for up to 12 credit hours per semester for qualifying students. It applies after all other federal, state, and institutional grants have been deducted. Learn more about financial aid, admissions requirements and other academic programs by visiting the Admissions webpage.

ABOUT NORTHEASTERN ILLINOIS UNIVERSITY

Northeastern Illinois University offers more than 40 undergraduate degree and certificate programs and more than 50 graduate degree, certificate, licensure and endorsement programs. The Main Campus is located on 67 acres in an attractive residential area on the Northwest Side of Chicago. Founded in 1867, Northeastern is a Minority-Serving Institution and the longest-standing four-year public Hispanic-Serving Institution in the Midwest. The University has additional Chicagoland locations, including the Jacob H. Carruthers Center for Inner City Studies, El Centro and the University Center of Lake County.

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SOURCE Northeastern Illinois University

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NYSE Content Update: Fourth Annual AI x Bio Summit to Commence at the NYSE

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NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, July 23, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Ashley Mastronardi delivers the pre-market update on July 23rd

Traders are reacting to escalating tensions in the Middle East.As of 8:00 AM ET, ICE Brent Crude Oil is trading at $99 a barrel.Arkaea Media Group CEO Mo Islam and Decoding Bio Co-Founder Amee Kapadia will join NYSE Live to set the scene for today’s AI x Bio Summit.Similarweb’s Scott Trabucco will join NYSE Live to discuss how the company incorporates data to track signals before and during earnings season.Research uncovers clues tied to online consumer behavior and digital traffic trends.The company’s pre-earnings webinar earlier this month focused on what is considered 36 of the most-watched companies.

Opening Bell
Arkaea Media and Decoding Bio celebrate the 4th Annual AI x Bio Summit

Closing Bell
ProShares highlights IQMMM, ProShares Genius Money Market ETF

For market insights, IPO activity, and today’s opening bell, download the NYSE TV App: TV.NYSE.com

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SOURCE New York Stock Exchange

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KXLM.ai Introduces the Enterprise Reasoning Platform

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Company launches a new category of AI designed to improve enterprise decision-making through structured multi-model deliberation

TAMPA, Fla., July 23, 2026 /PRNewswire/ — KXLM.ai™ today announced the launch of its Enterprise Reasoning Platform, a new category of artificial intelligence designed to help organizations make better decisions through structured deliberation rather than single-model responses.

While most AI systems generate answers, KXLM is built to improve judgment.

Its platform orchestrates multiple frontier AI models that independently analyze, challenge, debate, and refine competing hypotheses before producing a conclusion.

The objective is not simply to answer difficult questions—but to expose assumptions, surface disagreement, calibrate confidence, and make the reasoning process transparent.

“As the foundation of our model, we built this with 2 user attributes in mind. 1. If you have a decision to make that will cost you dearly if you get it wrong. 2. If you want a PhD level answer/Thesis to any prompt and access hundreds of rounds of model deliberations to see how we arrived at your answer
— Rob Shambro, Founder & CEO, KXLM.ai

A New Category: Enterprise Reasoning
KXLM believes enterprise AI is entering a new phase.

Rather than asking a single model for an answer, organizations increasingly require multiple reasoning systems capable of challenging one another before arriving at important conclusions.

The KXLM platform is organized around four, patent pending, complementary workflows.

Orchestration™
Coordinates multiple frontier AI models to improve reliability and reduce single-model bias.

Prediction™
Produces probabilistic forecasts and publishes measurable Checkable Calls™ that can be evaluated against future events.

Quantum AI Think Tank™
Conducts structured deliberation across enterprise, scientific, financial, geopolitical, and strategic questions using KXLM’s Sequential Circular Deliberation™ methodology.

Arena™ (In Development)
Will allow competing strategies, AI systems, and business decisions to be evaluated head-to-head under identical conditions.

Think Tank Daily™
To demonstrate its reasoning methodology publicly, KXLM publishes Think Tank Daily™, a daily research publication in which multiple frontier AI systems deliberate a single important question of the day.

Unlike conventional AI demonstrations, every publication documents:

competing hypothesesareas of disagreementconfidence calibrationresearch maturityfalsification criteriarecommended actionsResearch Work Orders™Checkable Calls™

Rather than presenting certainty, the platform openly documents uncertainty, competing viewpoints, and the limits of available evidence.

Several recent deliberations have demonstrated another defining characteristic of the platform: the initial hypothesis is not treated as the final answer.

During deliberation, competing models routinely overturn earlier assumptions, reject unsupported claims, and revise conclusions as stronger evidence emerges.

Enterprise Intelligence
KXLM is also expanding its reasoning platform into enterprise strategy.

Recent deliberations have explored questions including:

Did Lisa Su make the right decision to invest up to 5B in Anthropic as part of the computing power deal?What is the greatest bottleneck preventing AI from becoming a trusted enterprise decision-maker?Which Magnificent Seven company is making the most consequential AI strategy decision?What is the single scarcest strategic resource in artificial intelligence?

These publications are intended to demonstrate how structured reasoning can assist executives, boards of directors, investors, researchers, and policymakers in evaluating complex decisions.

A Growing Intellectual Property Portfolio
KXLM continues to expand its intellectual property portfolio around structured AI reasoning.

The company has filed multiple provisional patent applications covering aspects of multi-agent deliberation, orchestration, prediction systems, hybrid quantum-classical reasoning architectures, and related enterprise reasoning technologies.

KXLM also considers its growing corpus of structured reasoning sessions to be a significant long-term strategic asset.

Enterprise Availability
KXLM is currently working with select enterprise partners and design collaborators while continuing to expand the platform.

Organizations interested in participating may request information through kxlm.ai.

About KXLM
KXLM.ai™ is an Enterprise Reasoning Platform designed to improve decision-making through structured deliberation across multiple frontier AI models.

Its core workflows—Orchestration™, Prediction™, Think Tank™, and Arena™—help organizations expose assumptions, evaluate competing strategies, calibrate confidence, and produce more informed, auditable decisions.

Founded by technology entrepreneur Rob Shambro, KXLM is headquartered in Tampa, Florida, serving enterprise organizations globally.

Media Contact
KXLM.ai™
419254@email4pr.com
kxlm.ai

Think Tank Daily, Prediction, Orchestration, Arena, Research Work Order, Checkable Call, and related publications are provided for informational purposes only and do not constitute financial, legal, medical, or investment advice.

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SOURCE KXLM.ai

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