Business

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 to enhance payment systems.Discussions show Barclays' commitment to fintech innovation.Barclays...

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...

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...
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Alternative investment platform CAIS hires Kan Kotecha as CTO

Kan Kotecha has been appointed as CTO to lead CAIS's engineering team and focus on building a unified operating system for the alternative...

Anthony Watson steps down from role as CEO of The Bank of London

Anthony Watson is stepping down as CEO to become a senior adviser at the bank. He will remain a non-executive director and shareholder...

Axway completes €330m acquisition of Sopra Banking Software

Deal Overview: Axway acquired SBS from Sopra Steria for €330 million. Financing: Axway raised €131 million through a share capital increase and secured...

EU financial services analytics maturity report

Current State of Analytics: Evaluates the existing analytics capabilities of EU financial services providers. Impact of Privacy Legislation: Examines how privacy laws like...

MidWestOne Bank taps Temenos for digital onboarding solution

Partnership: MidWestOne Bank, based in Iowa City, has partnered with Temenos to implement its Digital Onboarding solution to improve customer acquisition and retention...

Natixis sells private credit business MV Credit to Clearlake Capital

Acquisition: Clearlake Capital Group, a US-based private equity firm, has agreed to acquire MV Credit, a pan-European private credit business with $5.1 billion...

Saldo Bank taps Enfuce to launch its first payment card programme

Partnership: Saldo Bank, based in Vilnius, Lithuania, has partnered with Enfuce, a Finnish issuer processor, to launch its first payment card programme. Card...

Paylocity to acquire spend management platform Airbase for $325m

Acquisition Deal: Paylocity has agreed to acquire Airbase, a spend management platform, for $325 million. Funding: The deal will be funded through Paylocity’s...

Swiss fintech Yapeal unveils new CEO alongside fresh capital boost

New CEO: Yapeal, a Swiss fintech, has appointed Michael Eidel as its new CEO, succeeding co-founder Thomas Hilgendorff. Hilgendorff's New Role: Hilgendorff will...
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