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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US fintech Brex names Karandeep Anand as its first president

Brex Leadership Change:US-based expense management platform Brex appoints Chief Product Officer Karandeep Anand as its first president. Anand joined Brex in January...

WeLab launches Bank Saqu as its second digital bank in Asia

Bank Saqu Launches in Indonesia:WeLab and Astra Financial introduce Bank Saqu, a new digital banking service in Indonesia.Record-Breaking Development:Bank Saqu...

Jordan’s Capital Investments taps Codebase Technologies for digital onboarding

Capital Investments Launches Digital Onboarding:The investment arm of Capital Bank of Jordan, Capital Investments, has introduced digital onboarding services. Powered by Codebase...

UK-Africa remittance start-up Zazuu closes down

Company Closure: UK-based fintech start-up Zazuu is shutting down. Market Focus: Zazuu operated in Africa, running a cross-border payment network marketplace. Funding History:...

Egypt’s KashNow partners Sandah to provide small businesses with access to financing

Partnership Overview:KashNow, a subsidiary of Noqood Holding, is partnering with microfinance company Sandah. Aimed at digitizing lending for Egyptian micro-entrepreneurs.Digital Loan...

Eurasian Bank launches Digital Tenge Card in preparation for Kazakhstan’s CBDC

Eurasian Bank collaborates with Mastercard to launch Digital Tenge Card, facilitating purchases with Kazakhstan’s central bank digital currency (CBDC). The debit card seamlessly...

US lender Enova fined $15m by CFPB for “widespread illegal conduct”

Enova was fined $15 million by CFPB and banned from offering certain short-term loans. Charges include unauthorized fund withdrawals, deceptive loan statements, and...

Regulators approve ex-UK cabinet minister Gavin Williamson’s appointment to Lanistar advisory board

Acoba Approval:The Advisory Committee on Business Appointments (Acoba) has approved Gavin Williamson's appointment to the advisory board of UK-based fintech Lanistar.Williamson's...

US digital bank Green Dot appoints SVP Dave Harden as new CTO

Dave Harden as CTO:Dave Harden was appointed as the new Chief Technology Officer (CTO) of Green Dot. Internal promotion from SVP of...
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