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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WesBanco snaps up Ohio’s Premier Financial in $959m all-stock deal

WesBanco to Merge with Premier Financial Corp in $959 Million Deal Key Details:Merger Agreement:Parties Involved: West Virginia-based WesBanco and Ohio-based Premier Financial Corp...

Simona Covaliu appointed new CRO of PayU GPO

PayU GPO Appoints Simona Covaliu as Chief Risk Officer (CRO) Key Highlights:New Appointment:Position: Chief Risk Officer (CRO) Appointee: Simona Covaliu Responsibilities: Leading compliance,...

Financial transactions database TigerBeetle raises $24m Series A funding

TigerBeetle Raises $24 Million in Series A Funding Round Key Highlights:Funding Details:Amount Raised: $24 million Lead Investor: Spark Capital general partner Natalie Vais ...

UK challenger Zopa taps ClearScore’s D•One for open banking-powered credit assessments

Zopa Expands Partnership with ClearScore Group for Open Banking Technology Key Highlights:Partnership Expansion:Parties Involved: Zopa (UK digital bank) and ClearScore Group Focus: Consumer...

Acrisure names NYSE vice chairman John Tuttle as new president

John Tuttle Joins Acrisure as President Key Highlights:New Appointment:Position: President of Acrisure Effective Date: 1 September 2024 Location: Grand Rapids, MichiganCompany Details:...

Fortis buys NetSuite payments division of MerchantE

Fortis Acquires MerchantE’s NetSuite Payments Division Key Highlights:Acquisition Overview:Acquirer: Fortis Acquired Entity: MerchantE’s NetSuite payments division Acquisition Sum: UndisclosedAbout MerchantE’s NetSuite Payments...

Kosovo’s Cash Plus selects Profile Software’s Finuevo Suite for loan process management

Cash Plus Partners with Profile Software for Finuevo Suite Key Highlights:Partnership Overview:Companies Involved: Cash Plus (Kosovo-based digital lending platform) and Profile Software. Solution...

Corlytics hires new CTO, chief data officer and chief tech architect

Corlytics Leadership Reshuffle New Leadership Appointments:Steve Barnes - Group Chief Technology Officer (CTO)Role: Drive advanced technology solutions, maintain security standards Experience: Over 20...

ICYMI fintech funding round-up: Carry, Fragment, Powder, and more

ICYMI Funding Round-Up CarryFunding: $10 million Series A Lead Investor: Accomplice VC Valuation: $65 million pre-money Purpose: Hiring, R&D initiatives Additional: Opened $1 million...
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