Business

Visa Strengthens Ties as Anchor Investor in PayPay IPO

Visa commits to supporting PayPay's growth through IPO investment.Highlights: Visa invests as anchor in PayPay's IPO.This move highlights Visa’s commitment to the digital payments sector.PayPay plans to utilize funds...

Santander and Mastercard Complete Europe’s First Live Agentic AI Transaction

This groundbreaking transaction marks a milestone in AI-driven financial technology.Highlights: Santander and Mastercard execute Europe’s first agentic AI...

Apple Strengthens Reach with Apple Pay Launch in India

Apple Pay expands its footprint, aiming to capture the Indian digital payments market.Highlights: Apple Pay officially launches in...

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...
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Iowa’s Affinity Credit Union taps Mahalo Banking to enhance digital banking offerings

Partnership Announcement: Affinity Credit Union (Affinity CU), based in Iowa, USA, has announced a partnership with Mahalo Banking to enhance its digital capabilities...

Digital lending platform Blend Labs bags $150m funding from Haveli Investments

Investment Details: Haveli Investments, a technology-focused private equity firm based in Austin, USA, invested $150 million in Blend Labs. The investment was made...

Vatic AI hires former Mastercard exec Dilip Krishnan as CEO and president

Leadership Transition at Vatic AI:Vatic AI, a US-based fintech, appoints Dilip Krishnan as its new President and CEO, succeeding Arthur Becker. Arthur...

Allica Bank reports first full year of profitability after revenues double

Allica Bank's Financial Performance:Allica Bank, a UK challenger bank lending to SMEs since 2020, reported its first full year of profitability. Revenues...

Monese to split business in two amid mounting financial woes

Internal Restructuring:Monese, a UK-based fintech and banking services provider, is undergoing internal restructuring, with plans to split its business into two separate...

Nium names Alexandra Johnson as first chief payments officer

Appointment of Alexandra Johnson:Alexandra Johnson has been appointed as the first Chief Payments Officer (CPO) at B2B payments platform Nium. In her...

Central Bank of Mauritania partners Giesecke+Devrient for CBDC exploration

Partnership Announcement:The Central Bank of Mauritania (Banque Centrale de Mauritanie) has announced a joint project with German security technology group Giesecke+Devrient (G+D)...

Bird taps Airwallex to power international payments operations

Partnership Overview:Bird, a communications platform based in Amsterdam, has selected Airwallex to power its global payments operations.Bird's Profile:Founded in 2011...

JTC to acquire First Republic Trust Company of Delaware from JP Morgan for $21m

Acquisition Overview:JTC, headquartered in Jersey, is set to acquire First Republic Trust Company of Delaware (FRTC-DE) from JP Morgan Chase in an...
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