Business

FundBank Strengthens Position with Acquisition of TRRUE Blockchain Firm

The acquisition enhances FundBank's capabilities in blockchain technology.Highlights: FundBank has acquired the Irish blockchain firm, TRRUE.The acquisition aims to enhance FundBank's blockchain capabilities.TRRUE specializes in Layer 1 blockchain solutions....

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...

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...
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Arizona Financial Credit Union taps NCR Atleos for ATM management

Partnership Overview:Arizona Financial Credit Union (AZFCU) has partnered with NCR Atleos to upgrade its ATM network and self-service banking options.Current Status:...

Santander to launch Openbank in the US this year

Santander's Expansion Plans:Spanish banking group Santander intends to launch its digital banking subsidiary Openbank in the United States later this year.Openbank's...

Nuvei lands Singapore MPI licence for APAC expansion

Nuvei's Licence Grant:Nuvei, a Canadian payment technology company, has been granted a major payment institution (MPI) licence by the Monetary Authority of...

Empower Finance strikes deal to buy Petal with Cashalo acquisition completed

Acquisition by Empower Finance:Empower Finance, a US-based credit underwriter, has entered into a definitive agreement to acquire Petal, a credit card and...

Google Cloud to develop quantitative research and genAI capabilities for three new industry takers

Google Cloud's Expansion in Financial Institutions:Google Cloud has extended its technology to three new financial institutions, showcasing a boost for the industry's...

Linqto to go public via $700m SPAC merger with BCSA

Linqto Going Public:US digital investment platform Linqto is set to go public via a business combination deal with Nasdaq-listed special purpose acquisition...

M&S and HSBC UK agree new seven-year partnership to enhance credit and payments offering

Partnership Overview:Marks and Spencer (M&S) signs a new seven-year partnership with HSBC UK to enhance credit and digital payment services offered through...

Mastercard to realign organisational structure with three new divisions

Organizational Restructuring:Mastercard announces plans to reorganize its teams into three units: Core Payments, Commercial and New Payment Flows, and Services.Leadership Changes:...

Spendesk combines procurement with spend management through Okko acquisition

Acquisition Details:Spend management platform Spendesk is acquiring Okko, a Software-as-a-Service (SaaS) procurement platform based in Paris, France. The acquisition is aimed at...
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