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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FTC Seeks Contempt Ruling Against Payment Processor CLIQ

The FTC aims to hold CLIQ accountable for alleged non-compliance.Highlights: FTC files contempt motion against CLIQ for ignoring directives.CLIQ reportedly failed to comply with...

Portage Takes Over Management of Point72 Ventures’ Fintech Assets

Significant shift in fintech investment strategy announced by Portage.Highlights: Portage Management has taken over Point72's fintech assets.The move reflects a strategic shift in investment...

Portage Takes Over Management of Point72 Fintech Assets, Strengthening Market Position

Portage enhances its portfolio by managing Point72's fintech investments. Highlights:Portage assumes management of Point72's fintech investments. This move aims to enhance Portage's financial management...

SC Ventures and Fujitsu Strengthen Quantum Innovation Roadmap

New collaboration aims to unlock advancements in quantum technologies. Highlights:SC Ventures partners with Fujitsu to enhance quantum innovation. Collaboration designed to drive advancements in...

FCA Opens Applications for Stablecoin Sprint Initiative

UK's Financial Conduct Authority seeks innovative stablecoin solutions. Highlights:FCA invites applications for Stablecoin Sprint initiative. The initiative aims to foster innovation in stablecoin technology. ...

HSBC Joins Funding Round for Pan-Asia Fintech Welab

Major banking player supports Hong Kong-based digital bank's growth.Highlights: HSBC has invested in Welab's latest funding round.This investment supports Welab's growth in the Asia-Pacific...

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

UK courts uphold cap on interchange fees affecting major payment companies.Highlights: UK courts dismiss legal challenge by Mastercard, Visa, and Revolut.Decision supports the UK...

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform aims to streamline financial transactions.This initiative...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The initiative aims to improve transaction efficiency.This...
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