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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Paysera launches in Georgia after securing banking licence

Lithuanian fintech company Paysera has launched operations in Georgia. Paysera Bank's first branch is in Tbilisi, Georgia. The company obtained a digital banking...

Ireland’s Davy Capital Markets taps Torstone for its post-trade platform

Davy Capital Markets taps Torstone for post-trade processing. The Torstone Post Trade Platform is now live for Davy, managing €16 billion in client...

Beem Credit Union appoints Sue Britton as chief innovation officer

Sue Britton, CEO of Firefly Growth, appointed as Chief Innovation Officer (CIO) at Beem Credit Union Beem Credit Union formed through the merger...

Hinckley & Rugby Building Society appoints Barry Carter as new CEO

New CEO Appointment:Barry Carter appointed as the new CEO of Hinckley & Rugby Building Society. Effective from 2 January 2024.Professional Background:...

UK neolender Updraft secures £272m in mix of debt and equity funding

Updraft, a UK neolender, concludes a successful year with £272 million in debt and equity funding. £250 million forward flow arrangement secured with...

Dutch neobank Bunq launches self-built GenAI platform for customers

Bunq's New GenAI Platform: FinnDutch neobank Bunq, the second largest in Europe, unveils GenAI platform called Finn. Finn replaces the app's search...

DfT director Dan Moore joins PSR as head of strategy and intelligence

Moore joins the PSR’s executive team, which recently welcomed Oliver Hanmer and Natalie Golding in key roles. As head of strategy and intelligence,...

CSI snaps up partner Hawthorn River for single-platform loan origination system

CSI Acquisition: CSI, a US fintech solutions provider, has acquired Hawthorn River for an undisclosed sum to enhance its loan origination capabilities. Hawthorn River...

US fintech start-up SellersFi secures new credit facility of up to $300m

SellersFi, a New York-based fintech start-up, secures a new credit facility of $135 million, expandable to $300 million. Citi and Fasanara Capital are...
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