Latest news with #Xe
Yahoo
10-07-2025
- Business
- Yahoo
Can Euronet Expand Remittance Access Through Google Partnership?
Euronet Worldwide, Inc. EEFT, through its subsidiaries Ria Money Transfer and Xe, partnered with Google to integrate its cross-border money transfer services into Google's platforms. This collaboration allows users searching for remittance services on Google to discover and access Ria and Xe directly, streamlining the process of sending money internationally. This move is important because it leverages Google's massive global reach to increase visibility and user engagement for Ria and Xe. By embedding its services into a widely used platform like Google, Euronet taps into the growing trend of embedded finance, where financial services are built into non-financial platforms for convenience. This partnership positions EEFT to stay competitive in the rapidly expanding digital remittance market. Financially, this deal could be significant for EEFT's money transfer segment. The global digital remittance market revenues were $23.4 billion in 2024 and are projected to grow to $83.2 billion by 2034, witnessing a CAGR of 13.5%. Ria and Xe already support a massive payment infrastructure, 3.2 billion mobile wallets, 4 billion bank accounts, 4 billion Visa cards, and 624,000 locations across the globe. With increased exposure from Google, even a small uptick in user conversion could lead to meaningful transaction volume growth, boosting revenue. In short, EEFT is embedding its remittance services into Google to drive customer acquisition, capture more market share in a booming industry, and enhance its global money transfer footprint, all of which could materially benefit its top-line growth. The Western Union Company WU and PayPal Holdings, Inc. PYPL are also actively expanding their remittance footprint. Western Union, a long-established leader in global money transfers, is doubling down on both digital and physical expansion to maintain its market position. It is seeing robust adoption of its digital app, especially across Asia-Pacific. With a presence in nearly 200 countries and support for over 130 currencies, Western Union is focusing on its 'Evolve 2025' strategy for rapid growth. Meanwhile, PayPal is scaling its remittance business through Xoom. It commands around 20% of the global digital cross-border remittance market. PayPal also facilitates currency conversion for international transactions, making adoption easier. Shares of EEFT have gained 4.2% in the year-to-date period compared with the industry's rise of 4.3%. Image Source: Zacks Investment Research From a valuation standpoint, Euronet trades at a forward price-to-earnings ratio of 11.04, down from the industry average of 21.96. EEFT carries a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Euronet's 2025 earnings is pegged at $9.84 per share, implying a 14.3% jump from the year-ago period. Image Source: Zacks Investment Research The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Western Union Company (WU) : Free Stock Analysis Report Euronet Worldwide, Inc. (EEFT) : Free Stock Analysis Report PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
15-03-2025
- Business
- Yahoo
Intel Panther Lake CPUs Shown At Embedded World
Intel's next-generation Panther Lake processors were seen in the silicon flesh at the recent Embedded World show in Nuremberg, Germany. This is the first time the chips have been unveiled since their original debut last year, although they were merely bare dies here; no CPUs were seen in operation. That throws more fuel on the rumors that Intel may struggle to get these Core Ultra 300 processor designs out of the door and into devices before the end of the year. Intel's next-generation Panther Lake CPUs were first unveiled in 2024, by then-Intel CEO Pat Gelsinger. He outlined plans to launch Panther Lake in the second half of 2025, and Intel has reiterated that is the plan still, even with rumors swirling that full production of the new chips won't take place until 2026. The new CPUs are expected to have a mobile focus, with more low-power efficiency cores to improve idle performance while reducing power demands. They will also come equipped with a new generation of Xe graphics, which should make them much more capable at casual gaming without a dedicated GPU. The model pictured at Embedded World by PC Games Hardware (via VideoCardz), is the 16 core variant, featuring four Performance (P) cores, eight Efficiency (E) cores, and four low-power-efficiency cores (LPE). The high-end variants will have up to 12 of the new Xe graphics cores, although other variants will have as few as two. Each will also have support for Thunderbolt 4, faster LPDDR5X memory, and include a new neural processor for AI calculations. Credit: PC Games Hardware All Panther Lake CPUs will be built on a new core design, on a new Intel 18A process node, which has the potential to raise performance and efficiency over the last-generation designs. However, they will also include outside fabricated parts, with the graphics chip being produced on TSMC's N3E node instead. That isn't common in chip design but will lean into Intel's experience fabricating processors and TSMC's greater experience manufacturing GPUs. Despite this promising showing of the new chips in the real world, there are still concerns about whether Intel can meet its plans to launch Panther Lake in 2025. The move to 18A is a dramatic one, requiring changes to Intel's fabrication process. It has already faced some delays in 18A fabrication, so any further problems could push the launch of Panther Lake products until much later in the year, potentially into early 2026. It may be that we see a debut of some new products using these chips as part of an announcement, followed by a wider launch at CES in January next year.
