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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Trintech snaps up Fiserv’s financial reconciliation business

Trintech, a Texas-based financial close software provider, has acquired Fiserv's financial reconciliation business, including two reconciliation solutions, Frontier Reconciliation and Accurate Reconciliation. The acquisition...

Episode Six names former HSBC exec as new chief revenue officer

Former HSBC executive Brian Muse-McKenney has been appointed as Episode Six's chief revenue officer (CRO) to expand the US payment technology provider's global presence,...

UBS to pay $388m in fines relating to Credit Suisse’s doomed dealings with Archegos

Credit Suisse and UBS Group AG will pay fines totaling $388 million due to Credit Suisse's risk management failures related to its dealings with...

GAT Investment Bank taps Currencycloud for new app launch

GAT Investment Bank partners with Currencycloud to launch GAT Money, a global banking app, providing access to competitive FX rates and a cross-border collections...

Wirecard fugitive Jan Marsalek resurfaces with a message for the courts

Former Wirecard COO Jan Marsalek resurfaces after three years in hiding and issues a statement to the Munich Regional Court through his lawyer amid...

Jordan’s Bank al Etihad to deploy NetGuardians’ fraud prevention tech

Jordan-based bank Bank al Etihad partners with Swiss fintech NetGuardians to implement an AI-powered payment fraud prevention solution, enhancing its fraud detection capabilities and...

PSR delivers update on progress of New Payments Architecture

The UK's Payment Systems Regulator (PSR) has outlined its plans for the New Payments Architecture (NPA) program, aiming to enhance interbank payments and consolidate...

HSBC appoints two new senior execs to its Global Payments unit

UK banking giant HSBC has hired two new senior executives, Martijn Stoker as global head of GPS, liquidity, and investment solutions, and Melissa Tuozzolo...

Fintechs call on UK government to put an end to hidden fees in cross-border payments

A group of 15 fintech companies, including Wise, Monzo, Revolut, and Klarna, have written an open letter to UK chancellor Jeremy Hunt, urging the...
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