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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Velo Payments to acquire payment processing platform YapStone

US-based Velo Payments is set to acquire YapStone, a payment processing platform for the short-term and vacation rental industry. FactsYapStone, founded in 1999, is...

Chilean digital bank Tenpo partners Dock for new credit card offering

Chilean digital bank Tenpo partners with Brazilian B2B tech company Dock to launch a new credit card, aiming to compete with traditional lenders and...

AI-powered conversational payments to launch on India’s UPI

RBI plans to introduce conversational payments to India's UPI, leveraging AI for secure transactions through voice commands, aiming to enhance financial inclusion. FactsRBI will...

Torpago confirms two new senior hires following “significant growth”

US financial services platform Torpago experiences significant growth and makes two key appointments to strengthen core capabilities and address market changes. FactsTorpago, a San...

ConnexPay appoints former PayPal exec George Hansen as chief revenue officer

US-based paytech ConnexPay appoints George Hansen as Chief Revenue Officer (CRO) to lead revenue growth and support modernized payments. FactsGeorge Hansen, with over 20...

Bangladesh Bank taps Fime to launch domestic card scheme

Bangladesh Bank partners with fintech company Fime to launch a domestic card scheme, aiming to enhance financial inclusion through a stable payment infrastructure. FactsBangladesh...

Torpago confirms two new senior hires following “significant growth”

US financial services platform Torpago experiences "significant growth" and makes two key appointments to expand its capabilities. FactsTorpago, based in San Francisco, offers business...

US fintech Block set to close European payments app Verse

San Francisco-based payments company Block is closing some of its European business operations, including its peer-to-peer payment app Verse and its buy now, pay...

Payabl. secures EMI licence in the UK

European paytech firm payabl. has obtained a UK electronic money institution (EMI) licence, enabling expansion of its services and merchant portfolio. FactsPayabl. has acquired...
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