Business
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
Rabobank taps Zafin to upgrade pricing, billing and invoicing capabilities
Key Points:Partnership Announcement:Rabobank has partnered with Zafin, a Software-as-a-Service (SaaS) solutions provider, to upgrade its pricing, billing, and invoicing capabilities.Objective:The...
Swiss wealth manager Julius Baer names Goldman Sachs exec Stefan Bollinger as new CEO
Key Points:New CEO Appointment:Stefan Bollinger appointed as CEO, starting "no later than 1 February 2025".
Bollinger is currently an executive at Goldman...
UK money management app Plum raises £16.1m investment
Key Points:New Investment:Plum secured a fresh investment totaling £16.1 million.
Investment includes a £13.4 million Series B funding round and £2.7 million...
FCA lifts partner onboarding restrictions on UK fintech Modulr
Key Points:Lifted Restrictions:The FCA has lifted the temporary partner onboarding restrictions imposed on Modulr last October.Original Order:Modulr was ordered to...
Bank of Clarke partners with Greenlight for family money management solution
Key Points:Objective:Foster "healthy lifelong financial habits" among customers.Service Offering:Bank of Clarke customers can now register for a complimentary Greenlight subscription.
...
Egypt’s MNT-Halan raises $157.5 million, plots regional expansion
Key Points:Funding Sources:International Finance Corporation (IFC): $40 million
Other Investors: Development Partners International (DPI), Lorax Capital Partners, funds managed by Apis Partners...
Boku names former NatWest exec Rob Whittick as new CFO
Key Points:Company Background:Headquarters: London and San Francisco
Founded: 2008
Services: Localized payment solutions, direct carrier billing, A2A/real-time payments, digital wallet services
Clientele:...
CFPB proposes new rule to include payday advances under Truth in Lending Act
Key Points:Proposed Rule:Payday loan advances would be brought under the same scope as consumer loans.
Fees associated with accessing earned wages early...
B2B paytech Slope lands $65m equity and debt funding led by JP Morgan
Key Points:Investment Details:Total Investment: $65 million
Led by: JP Morgan Payments
Participants: Y Combinator, Jack Altman (Alt Capital), Max Altman (Saga Ventures)...

