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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Stripe CTO David Singleton to step down after seven years to start own company

Departure Announcement: David Singleton, the Chief Technology Officer (CTO) of Stripe, announced he is leaving the company after a seven-year tenure to start...

MoneyGram names Josh Gordon-Blake as new chief digital officer

Appointment: Josh Gordon-Blake has been appointed as the new Chief Digital Officer (CDO) of MoneyGram, based in Texas. He will report directly to...

Australia’s MyState Bank taps Backbase for Engagement Banking platform

Partnership Announcement: MyState Bank, based in Hobart, Tasmania, has selected Dutch digital banking solutions provider Backbase to enhance its digital banking services. Platform...

Shift bags $23m Series D funding led by Peak XV Partners

Funding Secured: Australian fintech Shift has raised $23 million (AUD 35 million) in a Series D funding round led by Peak XV Partners...

US fintech PrizePool reportedly winding down consumer app amid acquisition

PrizePool Winding Down: US-based fintech start-up PrizePool is reportedly winding down its consumer app as it undergoes an acquisition. Closure Details: The company...

Shift4 acquires Canadian fintech Givex

Shift4 Acquires Givex: US-based payment processor Shift4 has agreed to acquire Canadian fintech Givex for an undisclosed amount. About Givex: Founded in 1999...

Revolut taps Visa Direct for cross-border business payments

Instant Card Transfer Launch: UK challenger bank Revolut is launching instant card transfer capabilities for its business customers through an expanded collaboration with...

Dutch paytech Adyen names Tom Adams as new CTO

New CTO Appointment: Tom Adams, a former executive at Cash App, has been appointed as the new CTO of Adyen, a Dutch payments...

US identity verification start-up IDPartner Systems to shut down

Company Overview: IDPartner Systems is a US-based provider of online identity verification tools, founded in 2021 and headquartered in San Francisco. The company...
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