Business

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 aims to enhance Brink's logistics capabilities.This acquisition positions Brink's as a...

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...

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...

Meta Secures Multi-Billion Dollar Deal to Rent Google AI Chips

Partnership strengthens Meta's AI capabilities with advanced technology.Highlights: Meta signs multi-billion dollar deal with Google for AI chips.The...
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Funding Circle appoints Coconut co-founder Adam Goodall as VP of product

Funding Circle Appointment:Adam Goodall appointed as the new Vice President of Product at Funding Circle. Goodall joins Funding Circle from Coconut, a...

ICYMI fintech funding round-up: January, Spade, Keyless and more

January Technologies (US Fintech):Raised $12 million in a Series B fundraise. Led by IA Ventures, with participation from existing and new investors. ...

UK regulators issue joint proposals to tackle risk of financial instability posed by CTP dependency

UK regulators (Bank of England, PRA, FCA) collaborate on proposals Legislative proposals target potential financial instability from relationships with critical third parties (CTPs) ...

UK’s FCA proposes new rules to protect access to cash

The UK's Financial Conduct Authority (FCA) proposes new rules to safeguard access to cash amid the rising popularity of digital payments. Designated banks...

CSI names financial services veteran Troy Bradley as new CTO

CSI's New CTO: Troy Bradley appointed as Chief Technology Officer (CTO) at US fintech solutions provider CSI. Extensive Experience: Bradley, a financial services veteran, brings...

Crédit Agricole CIB taps Opensee for market risk management solution

Partnership Announcement:Crédit Agricole CIB collaborates with French fintech Opensee for a market risk management solution.Data Consolidation:Opensee's solution consolidates Crédit Agricole...

IDB Invest and IFC team up to launch the Amazon Finance Network

Amazon Finance Network Launch:IDB Invest and IFC collaborate to launch the Amazon Finance Network. Announcement made at COP28 in the UAE.Network...

Monzo co-founder Jonas Templestein departs after nine years

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John O’Beirne takes the reins as executive director of Square’s Europe operations

Executive Appointment:John O’Beirne, former Bank of Ireland executive, joins US fintech Square as executive director of its Europe operations.Leadership Role:O’Beirne...
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