Business

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 partnership enhances Meta's artificial intelligence capabilities.This agreement signifies a strategic move...

Private Markets Fintech Delio Acquired by Ialta

Ialta expands its portfolio with Delio, enhancing fintech capabilities in private investments.Highlights: Delio, a fintech focused on private...

Plaid Achieves $8 Billion Valuation, Strengthening Fintech Position

The latest funding round boosts Plaid's market presence significantly.Highlights: Plaid secures a $8 billion valuation following recent funding.The...

Augmentum Fintech Accepts £186M Cash Takeover Offer

The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover...

New Banking License in Latvia Strengthens Market Entry Opportunities

Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to...
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European Payments Initiative completes acquisitions of iDEAL and Payconiq International

The European Payments Initiative (EPI) has acquired iDEAL, an online payment solution by Dutch payments processor Currence, and Payconiq International (PQI), a Luxembourg-based...

Qatar’s CQUR Bank partners Finastra to power new online corporate banking portal

Qatar's CQUR Bank uses Finastra Solutions for a new online banking portal for corporate clients. Finastra's corporate channels and trade innovation solutions power...

UK agriculture-focused challenger Oxbury Bank lands £100m from British Business Bank

Oxbury Bank, a UK-based challenger in the agriculture sector, secures a £100 million ENABLE Guarantee deal with the British Business Bank. Launched in...

Regulators of UK, Singapore, Switzerland and Japan launch collaborative effort to explore digital asset use cases

Policymakers from Singapore, the UK, Japan, and Switzerland collaborate on digital assets. The Monetary Authority of Singapore (MAS) leads Project Guardian with support...

The US Federal Reserve proposes new single cap on interchange fees

The US Federal Reserve proposes a new cap on debit card interchange fees for transactions. The proposal aims to assess whether interchange fees...

The Clearing House names Margaret Weichert as new chief product officer

Margaret Weichert has been appointed as the new Chief Product Officer (CPO) at US payments company The Clearing House (TCH). Weichert brings over...

Chloé Mayenobe joins paytech Thunes as chief operating officer

Chloé Mayenobe was appointed as COO of Thunes, a B2B cross-border paytech. Mayenobe is a seasoned tech leader with expertise in transforming and...

UAE’s Ajman Bank selects Codebase Technologies to power retail “super-app”

Ajman Bank partners with Codebase Technologies to launch a new retail "super-app." The bank also implements cloud solutions from Cloud4C and Microsoft Azure...

IndusInd Bank taps Viamericas for digital inward remittance offering

IndusInd Bank partners with Viamericas Corporation for digital inward remittances from the US to India. US-based Indians can use the Indus Fast Remit...
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