Payments

Marquis Software Confirms Data Theft of 672K Bank Customers in Ransomware Attack

The cyberattack raises concerns about data security in the banking sector.Highlights: Marquis Software data breach impacts 672,000 bank customers.Sensitive information was taken during a ransomware attack.The incident highlights pressing...

NCR Strengthens Focus by Offloading Japanese Bank Technology Business to NTT Data

NCR transfers its Japanese banking tech operations to enhance strategic focus.Highlights: NCR sells its Japanese banking technology business...

Agentic Workforce Initiative Enhances Financial Institutions’ Performance

New platform aims to optimize operations for banks and financial service providers.Highlights: New Agentic Workforce initiative launched for...

Tempo Blockchain Goes Live with Machine Payments Protocol

New technology enhances automated transactions in blockchain space.Highlights: Tempo Blockchain officially launches its machine payments protocol.The new technology...

Klarna Smashes One Million Merchants Milestone, Expanding Global Reach

Klarna achieves significant growth with over one million merchants now using its services.Highlights: Klarna surpasses one million active...
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JPMorgan Chase Strengthens UK Market with WealthOS Acquisition

The acquisition aims to enhance JPMorgan's pension offerings in the UK.Highlights: JPMorgan Chase acquires UK-based WealthOS.Acquisition enhances services for pension schemes.Strengthens JPMorgan's digital capabilities...

Revolut Pursues Own License Instead of US Acquisition Plan

The fintech giant shifts strategy to focus on regulatory compliance in the US market.Highlights: Revolut abandons its plans to acquire a US financial company.The...

Capital One Strengthens Portfolio with $5.15 Billion Brex Acquisition

The acquisition aims to enhance Capital One's digital bank offerings.Highlights: Capital One announces the acquisition of Brex for $5.15 billion.This strategic move aims to...

Société Générale Lays Off 1,800 Employees in France

The bank aims to streamline operations amid financial adjustments.Highlights: Société Générale will lay off 1,800 employees in France.The layoffs are part of efforts to...

Trump Sues JPMorgan for $5 Billion Over Political Debanking Claims

Former President alleges unfair treatment by major banking institution.Highlights: Donald Trump sues JPMorgan for $5 billion over political debanking.Claims the bank treated him unfairly...

Flutterwave Expands Offerings by Introducing Stablecoin Wallets for African Merchants

New service aims to empower merchants across Africa with stablecoin transactions.Highlights: Flutterwave introduces stablecoin wallets for African merchants.The move aims to simplify transactions and...

ThisBank Launches in the UK with Branchless Banking and Competitive Savings

New digital bank strives for a personal touch in banking services.Highlights: ThisBank launches branchless banking services in the UK.Focuses on competitive savings rates and...

PayPal Boosts Agentic Commerce Offering Through Cymbio Acquisition

The acquisition enhances PayPal's capabilities in online retail integrations.Highlights: PayPal has acquired Cymbio to enhance its commerce offerings.Cymbio specializes in streamlining online retail integrations.The...

OnePay Partners with Klarna to Enhance BNPL Options for Shoppers

New collaboration allows debit card purchases to be converted into loans.Highlights: OnePay partners with Klarna to offer BNPL loans.Shoppers can convert debit card transactions...
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