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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Landsbankinn partners Meniga to launch open banking-powered PIS and AIS services

Landsbankinn, Iceland’s largest bank, partners with UK-based Meniga for open banking services. Introduces Payment Initiation Services (PIS) and Aggregation Services (AIS) through the...

RTGS.global signs pilot agreements for settlement service with three new banks

RTGS.global, a cross-border settlement fintech, enters pilot agreements with three new banks. The banks involved are Alif Bank and Bank Arvand from Tajikistan,...

European regulators agree on new rules for SEPA instant payments

Instant Payments Expansion:European governing bodies agree on new rules to increase the availability of instant payments. Banks and payment service providers offering...

FCA calls for “robust frameworks” to detect fraud and support victims

The UK's Financial Conduct Authority (FCA) urges firms to enhance anti-fraud systems. The FCA's recent review revealed both good and poor practices in...

Block’s Cash App withdraws bid for Irish virtual asset licence

Cash App withdraws VASP license application in Ireland. The peer-to-peer platform sought a license from Ireland’s central bank for virtual asset and cryptocurrency...

Wise temporarily pauses new business onboarding in Europe

Wise temporarily pauses business onboarding in Europe. High demand was cited as the reason for the onboarding freeze. UK businesses onboarding resumes, with...

US business payment platform Bill reportedly closing on $1.95bn deal to acquire Melio

Acquisition Talks: Bill Holdings, a US financial services platform, is in talks to acquire Melio Payments. Deal Value: The potential acquisition is valued at $1.95...

European regulators agree on new rules for SEPA instant payments

New Rules for Instant Payments in EuropeEuropean Council and Parliament agree on rules for instant payments. Banks and PSPs offering standard euro...

Volante Technologies lands $66m in debt and equity funding round

Volante Technologies raises $66 million in funding led by Sixth Street Growth. Wavecrest Growth Partners and Wells Fargo Strategic Capital also participate, bringing...
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