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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European Payments Initiative completes acquisitions of iDEAL and Payconiq International

The European Payments Initiative (EPI) has acquired iDEAL, an online payment solution by Dutch payments processor Currence, and Payconiq International (PQI), a Luxembourg-based...

The US Federal Reserve proposes new single cap on interchange fees

The US Federal Reserve proposes a new cap on debit card interchange fees for transactions. The proposal aims to assess whether interchange fees...

The Clearing House names Margaret Weichert as new chief product officer

Margaret Weichert has been appointed as the new Chief Product Officer (CPO) at US payments company The Clearing House (TCH). Weichert brings over...

Stax Payments expands tech stack with APPS acquisition

Stax Payments is set to acquire Atlantic-Pacific Processing Systems (APPS) in a bid to expand its payment processing platform. Stax Payments, founded in...

French paytech Worldline’s shares tumble after company revises guidance

Worldline, a Paris-listed payments company, saw its shares plummet by nearly 60% after revising its revenue expectations for 2023 in its Q3 earnings...

FinTech Futures triumphs as best digital media platform at Fintech B2B Marketing Global Awards

FinTech Futures has won the Best Innovative Integrated Digital Media Platform Award at the FinTech B2B Marketing Global Awards. The award recognizes FinTech...

UK’s FCA places partner onboarding restrictions on embedded payments platform Modulr

Modulr, a London-based electronic money institution (EMI), has been subjected to partner onboarding restrictions by the Financial Conduct Authority (FCA). As an EMI,...

Brookfield appoints Ron Kalifa as vice chair and head of financial infrastructure

Ron Kalifa, the former CEO of Worldpay, has been appointed as Vice Chair and Head of Financial Infrastructure at Brookfield Asset Management. Kalifa...

BNP Paribas and 321founded partner to launch marketplace payment management fintech Panto

BNP Paribas, the French banking group, has partnered with start-up builder 321founded to launch Panto, a fintech offering a payment management solution for...
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