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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Singapore’s Valverde taps Broadridge for investment management solution

Valverde Investment Partners, a new Singapore-based investment firm focused on ASEAN equities, has partnered with Broadridge Financial Solutions to enhance its trade order...

US fintech Amount lands $30m in fresh funding to advance AI capabilities

Funding Round: Amount, a digital origination and decisioning SaaS platform, raised $30 million in its latest equity funding round. Investors: The round included...

Sharon Naidoo named new TransUnion CFO for the UK and Europe

Appointment: Sharon Naidoo has been appointed as the new regional Chief Financial Officer (CFO) for TransUnion in the UK and Europe. Previous Role:...

CaixaBank doubles down on generative AI with launch of GalaxIA project

Second Phase of GenAI Initiative: CaixaBank is launching the second phase of its generative AI project, named GalaxIA, to further integrate AI across...

Norway’s IDEX Biometrics names Catharina Eklof as new CEO

New CEO Appointment: Catharina Eklof, previously the Chief Commercial Officer (CCO), has been promoted to CEO of IDEX Biometrics, effective immediately. Predecessor: She...

Revolut becomes Europe’s most valuable private tech firm after $500m employee share sale

New Valuation: Revolut has become Europe’s most valuable private tech company, now valued at $45 billion after a secondary share sale. Employee Benefits:...

Stellex Capital acquires Fincentric from S&P Global

Acquisition Details: Stellex Capital Management, a US private equity firm with over $2.8 billion in assets, has acquired Fincentric (formerly Markit On Demand)...

Chaos Labs lands $55 million Series A led by Haun Ventures

Funding Secured: Chaos Labs, a blockchain risk management platform, has raised $55 million in a Series A funding round led by Haun Ventures. ...

ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more

ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing. Funds will be used for strategic acquisitions and tech infrastructure...
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