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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Tribe Payments promotes CSO Andrew Hocking to CEO position

Andrew Hocking Appointed CEO of Tribe Payments: Key PointsPromotion and Role:Andrew Hocking, previously Chief Strategy Officer (CSO) for one year, has been...

BlackRock to acquire private markets data provider Preqin for $3.2bn

BlackRock to Acquire Preqin: Key PointsAcquisition Details:US asset management firm BlackRock will acquire Preqin, a UK-based private markets data solutions provider, in...

US start-up Arrow emerges from stealth aiming to streamline healthcare payments

Arrow Launches in Healthcare Tech Sector: Key PointsCompany Launch:Arrow, a US-based healthcare technology firm, has launched with the ambitious goal of becoming...

UK challenger Atom Bank hires Gareth Jones as new chief risk officer

Atom Bank Appoints New Chief Risk Officer: Key PointsNew Appointment:Gareth Jones has been appointed as Atom Bank's new Chief Risk Officer (CRO). ...

US start-up Payabli raises $20m in Series A funding round led by QED Investors

Payabli Series A Funding Round: Key PointsFunding Details:Payabli, a US-based payments infrastructure firm, has raised $20 million in a Series A funding...

ECB publishes progress update on digital euro preparation phase

ECB Digital Euro Progress Report: Key PointsPreparation Phase Progress:The ECB's digital euro preparation phase has been underway since November, with good progress...

Canada’s Haventree Bank partners Temenos for new core banking platform

Haventree Bank Partners with Temenos: Key PointsPartnership Announcement:Haventree Bank, a federally regulated Schedule 1 bank in Canada, has selected Temenos to modernize...

Raiffeisen Bank International opts for Surecomp’s collaborative trade finance platform

Raiffeisen Bank International (RBI) Partners with Surecomp: Key PointsPartnership Details:RBI has selected Surecomp, a Canadian trade finance solutions provider, to digitize its...

Brazil’s Nubank buys AI-powered data intelligence start-up Hyperplane

Nubank Acquires Hyperplane: Key PointsAcquisition Details:Nubank, a Brazilian challenger bank, has acquired US-based data intelligence start-up Hyperplane for an undisclosed sum.AI...
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