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...
spot_img

Lloyds Banking Group expands card and payments partnership with Visa in the UK

Lloyds Banking Group and Visa Partnership Expansion Key Highlights:Partnership Focus:New products and services to cater to customers' "financial and lifestyle needs". Enhanced use...

Apple partners Santander’s Zinia for BNPL financing services in Germany

Apple Partners with Santander’s Zinia for Payment Solutions in Germany Key Highlights:Partnership Details:Apple collaborates with Santander’s digital consumer finance platform, Zinia. New payment...

E-wallet provider Sticpay bolsters money transfer capabilities with UPI integration in India

Sticpay Integrates UPI into Its Tech Stack Key Details:Company: Sticpay, a UK-based e-wallet service provider and payment gateway. Integration: Unified Payments Interface (UPI), India’s...

Former Temenos execs found GenAI banking tech start-up, yPilot

yPilot Fintech Start-up Overview Founders:Todd Winship (CEO): Formerly at Temenos, founded Primisyn. Rayce Rossum (CTO): Formerly at Temenos, worked on AI projects.Company Focus:GenAI...

AlphaSense acquires rival Tegus for $930m, valuation tops $4bn

AlphaSense Acquires Tegus for $930 Million Acquisition Details:Acquisition Value: $930 million. Expected Closure: Q3 2024. Key Assets Acquired: Tegus’ research platform, financial data, and...

Starling Bank reports 50% revenue rise in third year of profitability

Starling Bank Reports Third Year of Profitability Key Financial Highlights:Pre-Tax Profits: Increased by 54.7% to £301.1 million. Revenue: Rose by 50.6% to £682.2 million. ...

Pipe secures new $100m credit facility from Victory Park Capital

Pipe Secures $100 Million Credit Facility from Victory Park Capital Key Highlights:Funding Details:Amount: $100 million credit facility Potential Upsize: Up to $200 million...

Earl Shilton Building Society hires Natalie Balderson as transformation change manager

Earl Shilton Building Society Appoints Natalie Balderson as Transformation Change ManagerNew Appointment:Position: Transformation Change Manager Appointee: Natalie Balderson Objective: Strengthen digital options...

MoneyGram names Gary Ferrera as new CFO

MoneyGram Appoints Gary Ferrera as New CFOAppointment Details:New CFO: Gary Ferrera Effective Date: 10 June 2024 Predecessor: Larry Angelilli (retiring after nearly...
spot_img