FinTech
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...
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...

