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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Chime acquires employee rewards start-up Salt Labs

Acquisition Details: US neobank Chime has acquired employee rewards start-up Salt Labs for an undisclosed amount to strengthen its new enterprise division. Leadership:...

Canadian fintech start-up Hardbacon closes down

Company Overview: Hardbacon, a Canadian personal finance fintech based in Montreal, has shut down after seven years of operation. The company offered a...

Mastercard to pilot Payment Passkey Service in India

New Service Introduction: Mastercard is launching a pilot for its new Payment Passkey Service in India. Participants: The pilot involves major online merchants...

Crown Agents Bank partners Visa to power cross-border payments in emerging markets

Partnership Overview: Crown Agents Bank (CAB) has partnered with Visa to enhance cross-border payment services for clients in emerging markets, focusing on improving...

Allica Bank grows bridging finance offering with Tuscan Capital acquisition

Acquisition Announcement: Allica Bank has acquired bridging lender Tuscan Capital from Quilam Capital for an undisclosed sum. Expansion into Bridging Finance: The acquisition...

Wealthtech start-up Propelle prepares for late September launch

Launch Date: Propelle, a London-based investment platform for women, is set to launch on September 25. Founder: Established by Ayesha Ofori, a former...

Migrant-focused fintech Comun lands $21.5m Series A

Funding Round: Comun, a US-based fintech serving Latino migrants, has secured $21.5 million in Series A funding led by Redpoint Ventures, with additional...

New UK climate fintech Zero gears up for end-of-year launch

Launch Timeline: Zero, a climate-focused fintech based in Cardiff, Wales, plans to launch its full range of financial services by the end of...

Leeds Credit Union partners LendingMetrics and Singlify for new loan decisioning platform

New Platform Introduction: Leeds Credit Union is launching a new loan decisioning platform in collaboration with LendingMetrics and Singlify. Technology Partners:LendingMetrics: Will...
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