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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FreeBnk partners E Money Network to issue blockchain-based IBANs

FreeBnk Partners with E Money Network: Key PointsPartnership Overview:UK-based fintech FreeBnk collaborates with E Money Network, a MiCA-compliant blockchain, to issue international...

Fiserv appoints former JP Morgan Payments head Takis Georgakopoulos as new senior advisor

Fiserv Appoints Takis Georgakopoulos as Senior Advisor and Executive VP: Key PointsNew Appointment:Takis Georgakopoulos appointed as Senior Advisor and Executive Vice President...

Commerzbank to launch digital credit cards for businesses with Pliant

Commerzbank Expands Lending Services with Digital Business Credit Cards: Key PointsNew Offering:Commerzbank, in partnership with Pliant and its innovation unit neosfer, will...

Verituity secures $18.8m round led by Forgepoint Capital and Sandbox Industries

Verituity Raises $18.8 Million: Key PointsFunding Round:Verituity, a US-based provider of verified payout solutions, raised $18.8 million. The funding round was led...

Global Payments acquires UK’s Takepayments for undisclosed sum

Global Payments Acquires Takepayments: Key PointsAcquisition Announcement:American paytech firm Global Payments has acquired UK-based card payment solutions provider Takepayments. The acquisition was...

PayPal hires Srini Venkatesan as new CTO

PayPal Appoints Srini Venkatesan as New CTO: Key PointsAppointment Announcement:Srini Venkatesan named as PayPal’s new Chief Technology Officer (CTO), effective 24 June....

New start-up Fideo Intelligence launches offering data-driven fraud-fighting solutions

Fideo Intelligence Launches in the Market: Key PointsCompany Launch:Fraud intelligence start-up Fideo launched in Denver, US. Aims to enable “intelligence-informed decisions for...

Italian fintech Banca AideXa secures €16m capital raise

Banca AideXa Secures €16 Million in New Capital: Key PointsNew Funding and Total Capital:Secured €16 million in fresh capital. Total capital raised...

Klarna sells checkout business to investor consortium

Klarna has finalized a deal to sell its online checkout service, Klarna Checkout (KCO), to a consortium of investors for SEK 5.4 billion ($515...
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