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JKHY

TWLO

Twilio Inc. (TWLO) and Jack Henry (JKHY) have announced a collaboration where Jack Henry is using Twilio's suite of products to enhance communication and engagement with customers for banks and credit unions. Twilio's products, including SMS Programmable Messaging API and Authy for 2FA, are being used to send millions of messages monthly and improve the financial services experience. Jack Henry's platform has nearly 10 million users, a threefold increase in three years. Twilio's CPaaS offering was recently recognized as a leader in Gartner's 2023 Magic Quadrant for CPaaS.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 2:07 pm

BKNG

EXFY

Expensify, Inc. (NASDAQ:EXFY) has announced a new integration with Booking.com for Business, powered by Traxo, to provide a seamless receipt integration for business travelers. This integration allows automatic upload of travel receipts from Booking.com for Business directly into Expensify, eliminating manual data entry and reducing errors. The partnership aims to enhance the business travel experience by simplifying expense management.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 2:06 pm

SCLX

Scilex Holding has signed an insurance coverage agreement for ELYXYB with a national PBM for their Medicare population, which could expand the coverage of ELYXYB. ELYXYB is a treatment for acute migraine that has shown effectiveness in clinical studies, providing pain relief in as little as 15 minutes. Clinicians have indicated a need for alternatives to triptan therapy, and ELYXYB aligns with these needs.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 2:06 pm

AFRM

Affirm (NASDAQ:AFRM) has partnered with Blackhawk Network (BHN) to offer consumers more options for purchasing digital gift cards through Affirm's platform. Customers can now buy gift cards from various brands on Affirm.com or the Affirm app, with the benefit of transparent and flexible payment plans, including 0% APR for eligible purchases. This partnership taps into a growing digital gift card market, expected to reach $260 billion in three years, and provides merchants with a new segment to drive growth.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 2:06 pm

EGHT

Ty Inc., the world's leading soft toy manufacturer, has deployed 8x8's XCaaS cloud contact center and unified communications platform to enhance customer engagement, employee communication, and collaboration. The implementation of 8x8's platform has resulted in a yearly savings of $75,000 for Ty, improved flexibility, and provided customers with a popular callback option. The transition, advised by IT consultant Morgan Birge, was completed in just four weeks, enabling Ty to quickly adapt to the new system for immediate customer service improvements.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 2:05 pm

SPNT

SiriusPoint Ltd. has announced a strategic partnership with Nirvana Insurance, a technology-driven commercial auto insurance company. This partnership aims to leverage technology to improve safety and reduce costs in the commercial auto insurance sector. SiriusPoint will provide underwriting capacity to support Nirvana's growth.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 2:04 pm

ABBV

BMY

IMGN

PFE

SGEN

Bristol Myers Squibb & Co (NYSE:BMY) has entered into an $8.4 billion deal with SystImmune for the exclusive license of BL-B01D1, a bispecific antibody-drug conjugate with potential in treating lung and breast cancer. The deal includes an $800 million upfront payment and up to $7.6 billion in additional payments. SystImmune retains responsibilities in Mainland China, while Bristol Myers will handle development and commercialization elsewhere. The move diversifies Bristol Myers' oncology portfolio, following recent ADC-related deals by the company and other pharma giants like AbbVie Inc (NYSE:ABBV) and Pfizer Inc (NYSE:PFE). BMY shares saw a slight decrease in premarket trading.

Portfolio Pulse from Vandana Singh

December 12, 2023 | 2:00 pm

GREE

Greenidge Generation has partnered with Infinite Reality (iR) and launched GreenidgeAI. In the share exchange, iR will receive Greenidge shares valued at $8.33 each, reflecting a $2.5 billion valuation of iR stock. Additionally, both companies have granted each other one-year warrants to purchase more shares at set prices, with proceeds aimed at developing a new datacenter for Greenidge and providing working capital for iR.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 1:48 pm

QSI

Quantum-Si has signed a distribution agreement with 3Genes Distribution to market its protein sequencing instrument, Platinum, in the Czech Republic, Slovakia, and Hungary. This move is part of Quantum-Si's strategy to expand the reach of proteomics technology in European labs and follows a recent agreement with ELTA 90 to distribute Platinum in Southeast Europe.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 1:40 pm

LUCY

Innovative Eyewear, Inc. has released the 2.0 update of its Lucyd app for Android, which is the first to enable a voice interface for ChatGPT on smart eyewear. The update includes new ChatGPT tools, an improved visual interface, better text-to-speech quality, and enhanced sharing features. The app is also nearing approval for handsfree Google Voice access to ChatGPT on Lucyd Eyewear. CEO Harrison Gross highlighted the app's ease of use and future plans for additional features and revenue streams.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 1:39 pm