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...

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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Canoe Intelligence bags $36m Series C led by Goldman Sachs

Canoe Intelligence Secures $36 Million in Series C Funding: Key PointsFunding Details:Canoe Intelligence raised $36 million in a Series C funding round. ...

Avidia Bank to adopt Personetics’ AI-powered engagement engine through new Q2 Digital Banking Platform

Avidia Bank Upgrades Digital Banking with Q2 and Personetics: Key PointsPartnership Announcement:Avidia Bank has partnered with Q2 and Personetics to enhance its...

Outpayce selects Mambu to power new multi-currency digital wallet service

Outpayce Selects Mambu for New Multi-Currency Digital Wallet: Key PointsPartnership Announcement:Outpayce, the travel payments division of Amadeus, has chosen Mambu’s SaaS cloud...

Azqore selects Volante Technologies’ PaaS tech for SEPA instant payments

Azqore Partners with Volante Technologies for SEPA Instant Payments: Key PointsPartnership Announcement:Azqore, an IT and banking operations provider, has selected Volante Technologies...

UAE’s Mashreq Bank appoints Tushar Vikram as new India head

Mashreq Bank Appoints Tushar Vikram as CEO of Mashreq India: Key PointsNew Appointment:Tushar Vikram, former Citibank India executive, has been named the...

Bain Capital reportedly closing in on deal to acquire Envestnet

Bain Capital Nears Deal to Acquire Envestnet: Key PointsPotential Acquisition:Bain Capital, managing around $185 billion in assets, is reportedly close to acquiring...

TymeBank promotes former Retail Capital chief Karl Westvig to CEO

TymeBank Names Karl Westvig as New CEO: Key PointsNew CEO Announcement:Karl Westvig has been appointed as the new CEO of TymeBank. Co-founder...

First Federal Bank of Kansas selects Jack Henry for core processing solution

First Federal Bank of Kansas (FFBKC) Partners with Jack Henry: Key PointsPartnership Announcement:FFBKC has partnered with banking tech vendor Jack Henry to...

German fintech Vivid Money buys Pile’s treasury solution

Vivid Money Acquires Pile: Key PointsAcquisition Announcement:Berlin-based fintech Vivid Money has acquired fellow German fintech Pile to enhance its treasury solution capabilities....
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