Payments

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless last year.Growing preference for cashless payments among consumers.Survey indicates a major...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...

Citi and HSBC Invest in Trading Tech Player Adaptive, Boosting Innovation

This investment aims to enhance financial trading technology solutions.Highlights: Citi and HSBC jointly invest in trading tech company...
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Nexi Strengthens Payment Services with Google Cloud Partnership

New collaboration aims to enhance agentic payments across Europe.Highlights: Nexi and Google Cloud sign a Memorandum of Understanding.Partnership focuses on advancing agentic payment solutions.Aims...

Revolut Launches Ultra-Premium Business Card to Challenge Amex

New offering targets high-value business customers seeking premium benefits.Highlights: Revolut introduces an ultra-premium business card for elite customers.The new offering includes exclusive benefits to...

CaixaBank Launches AI Agent to Enhance In-App Purchases

New technology aims to simplify shopping experiences for users.Highlights: CaixaBank's new AI agent assists customers in making in-app purchases.The technology aims to enhance user...

Northern Trust Strengthens Asset Management with Tokenized Money Market Share Class

New offering aims to enhance liquidity and investment flexibility.Highlights: Northern Trust introduces a tokenized money market share class.This innovation aims to improve liquidity for...

FundBank Strengthens Position with Acquisition of TRRUE Blockchain Firm

The acquisition enhances FundBank's capabilities in blockchain technology.Highlights: FundBank has acquired the Irish blockchain firm, TRRUE.The acquisition aims to enhance FundBank's blockchain capabilities.TRRUE specializes...

Visa Strengthens Ties as Anchor Investor in PayPay IPO

Visa commits to supporting PayPay's growth through IPO investment.Highlights: Visa invests as anchor in PayPay's IPO.This move highlights Visa’s commitment to the digital payments...

Santander and Mastercard Complete Europe’s First Live Agentic AI Transaction

This groundbreaking transaction marks a milestone in AI-driven financial technology.Highlights: Santander and Mastercard execute Europe’s first agentic AI transaction.The transaction demonstrates advanced fintech capabilities...

Apple Strengthens Reach with Apple Pay Launch in India

Apple Pay expands its footprint, aiming to capture the Indian digital payments market.Highlights: Apple Pay officially launches in India.This move aims to capitalize on...

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...
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