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Minute Media snaps up VideoVerse to sharpen AI-driven sports highlights
LONDON: Minute Media has acquired VideoVerse, the AI-powered video technology firm best known for its flagship product Magnifi, which automatically detects key sporting moments, creates highlights in real time, and distributes them across platforms.
The deal comes a year after Minute Media bulked up its sports-tech and content portfolio, building towards a 360-degree solution for rights holders, teams, leagues, publishers and brands. By folding in VideoVerse, the company aims to offer a fully integrated creation-to-distribution-to-monetisation stack.
For existing Magnifi clients, the tie-up promises seamless access to Minute Media’s distribution muscle and monetisation tools. For Minute Media, it means sharper AI capabilities across its ecosystem, from STN Video to owned outlets like Sports Illustrated and The Players’ Tribune.
Powered by computer vision, machine learning and natural language processing, Magnifi analyses visual and audio cues to pick out highlights. GenAI features such as multilingual subtitling, thumbnail and metadata generation, and automated workflows turn it into a one-stop editorial engine for sports content teams.
“We are thrilled to bring the passionate teams and robust capabilities of VideoVerse into the Minute Media family,” said founder and chief executive Asaf Peled. “This is about delivering the very best in AI-powered creation to our partners, clients, and brands.”
In an industry where speed, precision and monetisation matter as much as storytelling, the acquisition bolsters Minute Media’s ambition to be the go-to tech and content partner for global sport.
eNews
PNB partners Kiwi to launch credit-enabled UPI for users
Targets 180 million customers; RuPay card offers 0.5 per cent to 1.5 per cent cashback
MUMBAI: Swipe, tap, or scan credit is quietly slipping into the rhythm of everyday payments, and Punjab National Bank wants in on the action. The state-run lender has partnered with Kiwi to roll out credit-enabled UPI payments for its 180 million customers, marking a significant push to blend traditional banking with India’s fast-evolving digital payments ecosystem.
At the centre of the collaboration is the launch of the PNB Kiwi Credit Card on the RuPay network. The card is designed with a digital-first approach, offering fully online onboarding and seamless integration with UPI, allowing users to transact via scan-and-pay while accessing credit.
The offering also brings in a rewards layer, with cashback ranging from 0.5 per cent to 1.5 per cent on online transactions, positioning the product as both a convenience play and a spending incentive.
The move comes as UPI continues to dominate India’s digital payments landscape, increasingly blurring the lines between debit-led transactions and credit access. For PNB, which operates over 10,000 branches around 60 per cent in semi-urban and rural areas, the partnership signals a targeted effort to extend formal credit to segments that have traditionally remained underserved.
The collaboration also reflects a broader industry shift, where banks and fintech platforms are converging to embed credit directly into payment flows, reducing friction while expanding access.
With RuPay credit cards gaining traction and UPI evolving beyond peer-to-peer transfers, the PNB–Kiwi tie-up positions both players at the intersection of scale, accessibility, and the next phase of digital finance in India.
