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Cruise Money showcases India’s first agentic card – an AI money companion that plans, decides & pays on the user’s behalf

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At Global Fintech Fest 2026, Cruise Money previewed a card that doesn’t just spend within a limit – it decides how to spend, executed through a single chat-based consent flow.

MUMBAI, India, Sept. 23, 2026 /PRNewswire/ — Cruise Money has showcased an agentic payments card that turns its AI money companion into a full money manager — one that optimises a user’s investments, plans their purchases, and now executes them, within limits and guardrails the user sets once in a single conversational flow.

The agentic card involves a virtual prepaid card that will be issued by LivQuik Technology (India) Private Limited, and was shown for the first time at Global Fintech Fest 2026 at the Jio World Convention Centre in Mumbai. While LivQuik is the card issuer, M2P Fintech is the technology partner providing the API infrastructure.

Beyond spend limits: a card that makes the money decision for the user

Most agentic payment products announced globally over the past eighteen months share the same design: a user types a number, and the AI spends up to it. Cruise Money goes further on two fronts. First, the limit itself isn’t guessed — it’s calculated. Cruise’s Safe to Spend figure is derived continuously from a user’s income, committed bills, EMIs, investments, emergency reserves and savings goals. Second, and new to this: once a budget and guardrails are set, the agent doesn’t just spend within them — it decides how. The Cruise agentic card layer is being built to orchestrate each payment across a user’s permitted funding sources, choosing whichever mix produces the best outcome for that person — cash flow preserved or rewards optimised, depending on what matters most to them. At preview, the card runs on a single prepaid funding source, with multi-source orchestration to follow as approvals allow.

“The interesting question was never whether an AI could complete a payment. It was whether it should — and increasingly, how,” said Vinay Bharathwaj, Founder & CEO, Cruise Money. “Most agentic cards are handed a budget by a person who is guessing. Ours works the budget out from what’s actually in the account, what’s already committed and what the person is saving toward — and then thinks the way a good money manager would: how to use credit, how to use debit, when to hold back. Over time, the line between one kind of card and another stops mattering, because the card itself is deciding. That’s the agentic card — spending is the easy part; the decision-making is the product.” 

One conversation, one consent, every purchase. The entire experience runs through a single chat-based flow. A user tells Cruise what they want — set a monthly budget, allocate money toward a goal, book a flight, order groceries — and Cruise proposes a mandate: an amount, a category, a validity period, and an approval threshold. The user approves it once, in that same conversation.

A virtual card is then issued that only that agent can use, only within those boundaries. From there, the agent can act across a growing range of use cases beyond recurring bills and goal-based saving, including:

Flight and hotel bookingsGrocery and everyday essentials orderingRecurring subscriptions and utility payments

Every transaction is bound to a registered agent identity, and the demonstrated flow includes an explicit stop: when a purchase would draw against a user’s savings goal, the agent declines and returns to the user rather than proceeding.

“As the regulated issuer behind this card, our focus is on making sure agent-initiated payments are held to the same standard as any other transaction — the agent is certified, its intent is matched against authentication, and every action leaves an auditable trail. We’re glad to partner with Cruise Money on a product that treats those controls as the foundation, not an afterthought,” Bhargav Padh, Chief Executive Officer, LivQuik Technology (India) Private Limited said. 

“Agentic commerce represents the next major evolution of digital payments. As AI agents become trusted participants in commerce, the industry needs payment infrastructure that combines autonomy with safety, transparency, and control. This preview demonstrates how regulated financial institutions, fintechs, networks, and technology providers can work together to make autonomous commerce a reality,” said Prabhu Rangarajan, Co-founder, M2P.

The demonstration at Global Fintech Fest showed journeys running from a single user-approved mandate — a recurring everyday purchase and a purchase made toward a savings goal — both executed by the user’s agent with consent on the same card, within the same boundary, with the funding decision handled automatically in the background. The agentic card is awaiting regulatory approvals before its public rollout. Access will be extended to waitlist members in phases.

To explore more – www.cruise.money.

About Cruise Money

Cruise Money is an AI-first personal finance platform that aggregates, analyses and interprets an individual’s complete financial picture. Cruise is an AI money companion built for Indian investors who want a smarter relationship with their money — one that gets to know their finances, talks them through in plain language, and now, with their consent, acts on their behalf to optimize how they invest, save and spend.

Cruise Money was founded by Vinay Bharathwaj, with Ganesh KV and Vikrant Mudaliar as Co-founders. Cruise uses the RBI-regulated Account Aggregator framework and read-only access to financial data. Cruise Money is a consumer brand owned and operated by NeuralFin Technologies Pvt. Ltd.

For more details, visit www.cruise.money

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Valmet supplies a complete board making line for efficient premium-quality coated board production in Asia

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30 minutes ago

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September 23, 2026

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Valmet Oyj’s press release on September 23, 2026, at 9:30 a.m. EEST

ESPOO, Finland, Sept. 23, 2026 /PRNewswire/ — Valmet has been selected to supply a coated board making line, automation, and lifecycle services to a customer in Asia. The new line will produce premium-quality coated board grades and support the customer’s targets to strengthen their position as a leading producer in their field. The delivery will support the customer’s unique know-how and enable them to reach new levels of combined quality and production efficiency. The start-up of the machine is scheduled for 2028.

“Customers are increasingly looking for solutions that combine high product quality, production efficiency, and long-term performance. By combining advanced board making technologies, automation, and lifecycle services into one integrated delivery, we can support reliable operations and efficient production of premium-quality coated board while ensuring sustainable performance throughout the lifecycle of their investment. Valmet’s earlier deliveries of similar production lines to Asia region rank among the highest productivity and quality benchmarks in the area,” says Markus Veikkola, Sales Director, China and Asia Pacific, Packaging and Paper Machines, Valmet.

The extensive board line order includes stock preparation and a complete board machine from headboxes to reel and winders. The consistent lifecycle performance of the machine is secured with automation, digital services, and paper machine clothing and spare parts packages.

The order is included in Valmet’s orders received for the third quarter of 2026. The value of the order will not be disclosed.

VALMET 
Corporate Communications 

Further information:
Petri Paukkunen, Vice President, Packaging and Paper Machines, Packaging and Paper Business Area, Valmet, tel. +358 40 744 8182
Petri Rasinmäki, Executive Vice President, Packaging and Paper Business Area, Valmet, tel. +358 10 672 0000 (switchboard)

Valmet is a global technology leader in serving process industries. We work with our customers throughout the lifecycle, delivering cutting-edge technologies and services, as well as mission-critical automation and flow control solutions. Backed by more than 225 years of industrial experience and a global team of 18,500 professionals close to customers, we are uniquely positioned to transform industries toward a regenerative tomorrow.In 2025, Valmet’s net sales totaled approximately EUR 5.2 billion. Our head office is in Espoo, Finland, and we have experts in approximately 40 countries around the world. Valmet’s shares are listed on Nasdaq Helsinki.

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Temu Expands Seller Education with Bureau Veritas, QIMA and TÜV SÜD

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September 23, 2026

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DUBLIN, Sept. 23, 2026 /PRNewswire/ — Temu is expanding its seller education programs in collaboration with eight global product testing and certification organizations, including Bureau Veritas, QIMA and TÜV SÜD. The courses help sellers on Temu understand the product safety and certification requirements that apply to their products and markets.

The training courses give sellers direct access to independent specialists who explain how regulatory requirements apply to their products. Sellers also have testing and certification support available to them on the platform.

The courses are livestreamed through the Temu Seller Academy. Sessions held in August recorded more than 4,000 views by sellers in total and over 2,000 interactions. For example:

Bureau Veritas provided an overview of European toy safety requirements, including regulatory updates, labeling rules and physical and chemical risks.TÜV SÜD covered testing and certification requirements for children’s toys in Europe and the United States, focusing on risk mitigation through product design and material selection.

The August program also included a session led by SPEAC, an EU-funded product safety project, on the EU Packaging and Packaging Waste Regulation and practical requirements for online sellers.

Upcoming sessions will cover electronics, textiles, footwear, cosmetics and food-contact materials.

“Every new market brings fresh obligations, from product safety rules to testing and certification,” said a Temu spokesperson. “By organizing these training sessions with industry leaders, we give sellers direct access to specialists and practical information they can apply to their own operations and products.”

Temu held more than 100 meetings with trade associations, chambers of commerce and start-up networks in Europe in the first half of 2026 to understand the difficulties small businesses face in selling online. The practical demands of selling in multiple markets came up consistently, and that feedback informs Temu’s broader support for sellers.

The seller education programs form part of this support, alongside dedicated onboarding teams that provide continued guidance through Temu’s Local Seller Program. Sellers can also connect their existing business software to Temu through more than 200 ERP integrations and access a network of more than 150 delivery providers across Europe, including DHL Group and La Poste.

Temu is deepening its engagement with Europe’s business communities, and has signed memorandums of understanding with Start:up Slovenia, Portugal’s APDC, Cyprus’s CITEA and Switzerland’s SKV to contribute to knowledge-sharing. Temu has also joined Cross-Border Commerce Europe to participate in EU dialogue on cross-border e-commerce.

About Temu

Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands and business partners. Operating in more than 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives.

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TK Elevator Launches MAX in Vietnam to Maximize Elevator and Escalator Uptime

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September 23, 2026

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TK Elevator Vietnam announces the launch of MAX cloud-based IoT building operations platform to improve operational efficiency and support smarter building management.MAX is designed to streamline operations and increase uptime through analyzing real-time data from connected elevators, escalators and moving walks  MAX enables actionable insights and predictive maintenance that can reduce downtime by up to 50%.

HANOI, Vietnam, Sept. 23, 2026 /PRNewswire/ — TK Elevator, one of the market and innovation leaders in the elevator industry, is pleased to announce the launch of its flagship building operations platform MAX in Vietnam. MAX is an IoT platform that harnesses cloud computing, big data and machine learning to improve operational efficiency and support smarter building management. MAX brings cloud-based maintenance data and insights to building operations enabling actions such as monitoring, control and predictive maintenance. In turn this creates additional value for building owners, property managers and maintenance personnel by offering more streamlined operations and increased availability of vertical mobility systems.

TK Elevator’s all-encompassing digital solutions consist of MAX and AGILE platforms, catering for the needs of building operations and people experience respectively. Digital Maintenance will be launched in the Asia Pacific region as the flagship product of the MAX range. As economic growth and infrastructural development continue in Vietnam, MAX enables optimal customer service for building operators and managers by analyzing real-time data from connected elevators, escalators and moving walks. Leveraging the availability of real-time status of elevators and escalators, property managers and maintenance personnel can easily manage the entire property through one comprehensive platform, taking full advantage of predictive and digital maintenance brought by MAX.

“With MAX, our innovative cloud-based predictive maintenance solution, TK Elevator is advancing the digitization of vertical mobility systems. Together with AGILE, our digital passenger experience platform that enables intelligent destination control and optimized passenger flow, MAX helps customers leverage real-time insights to improve reliability, transparency and operational efficiency. As Vietnam accelerates its digital transformation, our ambition is to set a new benchmark for service excellence and digital building operations,” said Diem Huynh, Managing Director, Vietnam & Cambodia, TK Elevator.

MAX is the ideal building operations solution for elevator and escalator operators of all scales, proven to reduce downtime by up to 50%. From standalone TKE elevators in residential buildings to hundreds of units newly installed or modernized by TKE in commercial facilities or infrastructure projects, adding MAX new or as retrofits provide property owners and managers with additional operation and maintenance insights through its MAX premium package.

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