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...
spot_img

UK fintech Plum signs strategic partnership with Greece’s Eurobank, lands €10m investment

Plum, a UK-based smart money app, forms a strategic partnership with Eurobank. Eurobank invests €10 million in Plum, with an initial €5 million...

AI-backed Aussie risk decisioning firm Rich Data Co raises $17.5m Series B

Rich Data Co (RDC) secures $17.5 million in Series B funding round. Plans for North American expansion fueled by the investment. Westpac and...

SoFi set to end crypto services, taps Blockchain.com as “strategic crypto partner”

SoFi Ends Crypto Services:SoFi announces the termination of its crypto services on 19 December. Users can either close their crypto accounts or...

UK challenger Aldermore Bank enters strategic partnership with Mambu

Strategic Partnership: Aldermore Bank has entered into a strategic partnership with cloud banking platform Mambu to modernize its technology. Bank Overview: Aldermore Bank, founded in...

Nucleus Commercial Finance secures £200m funding facility from NatWest

UK SME lender Nucleus Commercial Finance secures £200 million funding from NatWest. The funding increases Nucleus' total lending capacity to £900 million. Nucleus...

ICYMI fintech funding round-up: PhiCommerce, Yabi, Enfuce and more

PhiCommerce Funding Round:Indian payment solutions provider PhiCommerce secures $10 million in a Series A1 funding round. Led by Singapore-based VC firm BeeNext...

UK fintech Paysend lands $65m in fresh funding round

Funding Success: London-based fintech Paysend secures $65 million in a recent funding round. Global Reach: Paysend, founded in April 2017, claims a global presence with...

Metro Bank to axe 20% of jobs and review branch opening hours in push to cut costs

Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal. The...

Denmark’s Mazepay taps ex-Mastercard exec Kevin Stanton to lead US drive

Danish B2B fintech Mazepay hires former Mastercard executive Kevin Stanton for key role. Stanton appointed to the board of directors, tasked with expanding...
spot_img