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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BankDhofar partners Entrust to deploy Tap to Pay services in Oman

Partnership Details: BankDhofar, a full-service bank based in Oman, has partnered with Entrust to implement its Digital Card Solution (DCS). Features Enabled: The...

Canadian fintech start-up Hardbacon closes down

Closure Announcement: Hardbacon, a Canadian personal finance fintech based in Montreal, has ceased operations after seven years in business. Service Overview: Founded in...

Legal & General taps Moneyhub for new pensions dashboard

Partnership Announcement: UK-based Legal & General (L&G) has partnered with Moneyhub, a data and payments firm, to leverage Moneyhub's open finance technology for...

New digital banking brand launched in Saudi Arabia, NEO

Launch of NEO: Saudi National Bank (SNB) is launching NEO, a new mobile banking brand in Saudi Arabia, described as a “lifestyle digital...

SME-focused digital lender Validus lands $50m debt facility from HSBC

Debt Facility Secured: Validus, a Singapore-based digital lending platform, has secured a debt facility of up to $50 million from HSBC under the...

McLEAR sunsets payment ring programme

Closure of RingPay Programme: McLEAR, a wearable tech company for payments, has announced the discontinuation of its flagship RingPay programme, which includes a...

SumUp’s Irish division makes series of senior leadership appointments

CEO Appointment: Niall Mac an tSionnaigh, former COO of SumUp Limited, has been promoted to CEO. He previously held senior roles at LinkedIn...

BNPL fintech Tabby buys Saudi digital wallet start-up Tweeq

Acquisition Announcement: Tabby, a Middle Eastern buy now, pay later (BNPL) fintech, has acquired Tweeq, a Saudi Arabian digital wallet designed for millennials...

Danish family-focused fintech start-up MyMonii closes down

Closure Announcement: Danish fintech start-up MyMonii, founded in 2015, has closed down after eight years in the market. Company Focus: MyMonii operated a...
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