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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Arizona’s Transact Campus snapped up by Roper Technologies in $1.6bn deal

Acquisition Announcement: Roper Technologies has agreed to acquire Transact Campus, a US-based provider of campus technology and payment solutions, for a net purchase...

Science Card introduces new debit card offering to help accelerate UK scientific discovery

Launch of Science Card: Science Card, a London-based start-up, has launched in the UK to raise awareness of university research and address funding...

UAE fintech Yuze bags $30m funding to propel expansion into new markets

Here is a summary of the key points about UAE-based fintech start-up Yuze securing a $30 million investment:Investment Details: Yuze, a fintech start-up...

N26’s chief regulatory officer Jan Stechele to step down to “pursue new opportunities”

Jan Stechele's Departure: Jan Stechele, Chief Regulatory Officer (CRO) at N26, will step down at the end of September to pursue new opportunities. ...

Singapore-based wealthtech Syfe lands $27m Series C funding

Syfe Series C Funding Round Summary:Funding Secured: Syfe, a Singapore-based digital savings and investment platform, has raised $27 million in a Series C...

Apple set to open up access to NFC tech to third-party app developers

Apple Opens NFC Technology: Apple announced that starting with iOS 18.1, third-party app developers in select countries will gain access to its NFC...

MAS to commence quantum-proofing cybersecurity trials with banks “in the coming months”

Here’s a summary of the collaboration between the Monetary Authority of Singapore (MAS) and various banks to address quantum computing threats in financial services:...

PayZen lands $32m equity investment and $200m credit warehouse in Series B round

Funding Announcement:PayZen, a US-based healthcare-focused fintech, secured $32 million in equity and a new $200 million credit warehouse in an oversubscribed Series...

North Bay Credit Union taps Sharetec for web-based core banking solution

Partnership Announcement:North Bay Credit Union, the oldest credit union in Sonoma County, California, has partnered with Indiana-based software vendor Sharetec to deploy...
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