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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New digital-only bridging lender Morpheus launches in the UK

Morpheus Digital-Only Bridging Lender Launches in the UK:Founders:Co-founded by Matt Mawdesley (former head of strategy at Together) and Lee Jones (co-founder of...

PSR names David Geale as new interim managing director after Chris Hemsley steps down

PSR Leadership Transition:Outgoing Managing Director:Chris Hemsley to step down on 7 June after five years as managing director. Hemsley will join Fingleton,...

Asia’s first full reserve digital bank, ORO Bank, launches in Bhutan powered by Finastra

ORO Bank Launch Overview:Mission and Philosophy:ORO Bank aims to foster personal, corporate, and financial growth sustainably. Emphasizes environmental, social, and economic sustainability. ...

Dutch neobank Bunq enters partnerships with Mastercard and Nvidia

Bunq's Partnerships and Initiatives:Mastercard Partnership:Bunq has partnered with Mastercard to leverage its Open Banking platform. This allows Bunq customers to add accounts...

Turkey’s Papara taps DriveWealth for fractional investing solution

Partnership Announcement:Turkish banking challenger Papara has partnered with US-based financial tech firm DriveWealth. The partnership aims to launch a new US stock...

CSG acquires Florida-based paytech iCG Pay in $17m deal

Acquisition Overview:CSG, a Colorado-based provider of customer engagement, revenue management, and payments solutions, acquired iCheckGateway.com (iCG Pay) for an initial $17 million. ...

IPC appoints Kurt Adams as new CEO

New CEO Appointment:Kurt Adams named CEO of IPC, succeeding Bob Santella after his six-year tenure. Adams brings over 25 years of fintech...

Stripe’s Paystack leads investor group set to acquire Nigerian fintech start-up Brass

Acquisition Announcement:Brass, a Nigerian fintech, is set to be acquired by an investor group led by Paystack. Paystack is owned by US...

Banque Raiffeisen selects Worldline for cloud-based instant payments solution

Partnership Announcement:Banque Raiffeisen, Luxembourg's sole cooperative bank, partners with French paytech Worldline. Banque Raiffeisen becomes Worldline's first Luxembourg-based client for instant payments....
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