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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Mastercard’s joint venture receives approval to commence domestic payments in China

Mastercard's joint venture in China, Mastercard NUCC Information Technology, has received formal approval to commence domestic payments. In February 2020, Mastercard NUCC received...

Checkout.com appoints Mariano Albera as new chief technology officer

Global payments solution provider Checkout.com appoints Mariano Albera as its new Chief Technology Officer (CTO). Albera, with over 20 years of experience, previously...

French digital accounting start-up Indy lands €40m Series C funding

Funding Round:French fintech start-up Indy secures €40 million ($44 million) in Series C funding. BlackFin Capital Partners leads the funding round, with...

Advent International snaps up UK paytech myPOS

Advent International Expansion:US private equity firm Advent International is acquiring UK paytech myPOS to expand its digital payment services in Europe. The...

Apple Pay rolls out new open banking feature for UK customers

New Apple Pay Feature in the UK: Open BankingApple Pay introduces a new feature in the UK. Allows customers to link their...

Redpin launches with new strategy and £140m in funding

Redpin's New Strategy and Funding:UK-based Redpin Holdings, operator of Currencies Direct and TorFX, launches a new strategy. Secured £140 million in funding...

Ireland’s Synch ditches plans to roll out mobile payments app

Synch Payments, founded in 2020 by leading Irish banks AIB, Bank of Ireland, Permanent TSB, and KBC, is abandoning plans to launch its...

Mastercard taps Japan’s NEC to roll out biometric checkouts across APAC

NEC Leads Mastercard Biometric Checkout ExpansionNEC Corporation is driving the expansion of Mastercard's Biometric Checkout Programme in the Asia Pacific (APAC) region. ...

Nuvei reportedly snaps up Aussie paytech Till Payments for $30.5m

Aussie paytech Till Payments is set to be acquired by Canadian firm Nuvei for AUD 47 million ($30.5 million). A significant drop from...
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