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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Scottish challenger Alba Bank taps ClearBank for SME payment management

Alba Bank, a Glasgow-based challenger bank focusing on SMEs, has partnered with ClearBank, a provider of accounts, clearing, and embedded banking solutions, to...

Al Rayan Bank goes live with Confirmation of Payee solution from obconnect

Al Rayan Bank, a UK subsidiary of Qatar-based Masraf Al Rayan, has partnered with Obconnect to enhance payment security and combat fraud. The...

US regional bank United Community partners Allied Payment Network for real-time payments

United Community partners with Allied Payment Network United Community, a regional bank, operates in several US states Integrating real-time payment solutions into digital...

UAE’s central bank launches Aani, a new instant payments platform

The Central Bank of the UAE (CBUAE) launches a new instant payments platform called Aani. Aani is available through partner financial institutions and...

Paytech Medius taps acquired Expensya talent for two new senior appointments

Medius acquires Expensya and appoints two senior executives. Karim Jouini, former CEO of Expensya, becomes Chief Product and Technology Officer at Medius.Tasked...

Australian government proposes new regulations for digital wallet providers

Australian government to regulate digital wallet providers Proposed changes to Payment Systems Act 1998 redefines 'payment' and 'payments systems' Popular digital wallet providers...

Bahrain’s Flooss taps Tarabut for open banking-powered lending

Bahrain-based fintech Flooss partners with open banking platform Tarabut to enhance its digital lending platform, creating Bahrain's first open banking-enabled digital lending service. FactsFlooss...

American Express to pilot biometrics for online transactions

American Express is piloting fingerprint and facial recognition technology to enhance online ID checks, aiming for stronger, faster, and more intuitive authentication processes. FactsAmerican...

Rauva appoints Tomas Oliveira da Silva as chief risk officer

Portugal-based start-up Rauva appoints Tomas Oliveira da Silva as Chief Risk Officer (CRO) to complete its leadership team, aiming to build Europe's first fully...
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