PayTech

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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The Clearing House appoints former Truist EVP Sal Karakaplan as new chief strategy officer

Leadership Boost at The Clearing House (TCH)TCH appoints Sal Karakaplan as Chief Strategy Officer. Operates US-based payment networks, clearing over $2 trillion...

Former Marqeta SVP Jeff Parker joins Paymentology as new CEO

Jeff Parker appointed CEO:UK-based Paymentology announces Jeff Parker as the new CEO. Parker joins with immediate effect from Marqeta, where he was...

Former TD Bank exec Michael Rhodes appointed as new CEO and president of Discover Financial Services

Discover Financial Services appoints Michael Rhodes as new CEO and president, effective March 6, 2024. Rhodes will also become president of Discover Bank...

CSI names financial services veteran Troy Bradley as new CTO

CSI's New CTO: Troy Bradley appointed as Chief Technology Officer (CTO) at US fintech solutions provider CSI. Extensive Experience: Bradley, a financial services veteran, brings...

John O’Beirne takes the reins as executive director of Square’s Europe operations

Executive Appointment:John O’Beirne, former Bank of Ireland executive, joins US fintech Square as executive director of its Europe operations.Leadership Role:O’Beirne...

Eurosystem eyes up alternative payment solutions in latest retail payments strategy update

Eurosystem's Retail Payments Strategy UpdatePriorities:Digital euro development Instant payments Cross-border paymentsObjectives of Retail Payments StrategyDevelop pan-European solutions for point-of-interaction...

Berkshire Hathaway sells stake in India’s Paytm for $165m

Berkshire Hathaway Sells Paytm StakeBillionaire Warren Buffett's company, Berkshire Hathaway, sold its entire stake in Indian fintech One 97 Communications (Paytm) for...

UK government publishes findings from the Future of Payments Review

The Future of Payments Review calls for a national payments vision and strategy in the UK. Authored by Joe Garner, the report identifies...

Irish paytech NomuPay acquires UK-based PSP Total Processing

NomuPay's Acquisition:Irish unified payments platform NomuPay has acquired UK-based payment services provider Total Processing. NomuPay now "holds, directly or indirectly, 75% or...
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