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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Dutch lender BridgeFund taps Mambu for core banking upgrade

BridgeFund Selects Mambu's Cloud Banking PlatformOverview:Amsterdam-based BridgeFund partners with Mambu to scale its SME lending operations.Objectives:Replace BridgeFund’s in-house-built core banking...

Al Etihad Payments prepares to launch new domestic card scheme in UAE this month

Launch of Jaywan Card Scheme by CBUAEOverview:The Central Bank of the UAE (CBUAE) is launching a domestic card scheme named Jaywan through...

NatWest prepares to introduce GenAI-powered virtual assistant Cora+ in collaboration with IBM

NatWest Launching AI-Powered Virtual Assistant Cora+Introduction:NatWest is launching a generative AI-powered virtual assistant, Cora+, developed with IBM’s Watsonx.Features:Integrates information from...

Former HSBC exec Roz Smith named as new COO of Broadridge International

Roz Smith Appointed COO of Broadridge InternationalAnnouncement:Roz Smith appointed as COO of Broadridge International, effective 1 May 2024.Role and Responsibilities:Tasked...

Eurobank Cyprus overhauls legacy systems with Temenos solutions

Eurobank Cyprus Partners with Temenos for Digital Banking TransformationPartnership Overview:Eurobank Cyprus, the country's third-largest bank, has partnered with Swiss banking tech firm...

Oman Arab Bank debuts new direct debit solution

Oman Arab Bank Launches New Direct Debit SolutionProduct Introduction: Oman Arab Bank (OAB) has introduced a direct debit product to streamline and automate...

U.S. Bank taps Greenlight for family-focused money management tools

U.S. Bank Partners with Greenlight to Enhance Financial Literacy ToolsPartnership Overview: U.S. Bank has teamed up with Greenlight to promote positive financial habits...

Finseta offloads non-trading subsidiary Capital Currencies to undisclosed buyer for £150,000

Summary of Finseta's Sale of Capital Currencies:Transaction Overview:Finseta (formerly Cornerstone FS) sold its non-trading subsidiary, Capital Currencies, for £150,000 in cash. The...

Peru becomes first South American country to adopt NPCI’s UPI tech

Summary of BCRP and NPCI International Partnership:Partnership Overview:Central Reserve Bank of Peru (BCRP) partners with NPCI International Payments Limited (NIPL). Aim: Create...
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