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Mastercard puts down $2.65bn for AI-powered threat intelligence platform Recorded Future

Mastercard plans to acquire US-based threat intelligence platform Recorded Future for $2.65 billion. The deal, with Insight Partners (which acquired Recorded Future in...

Visa prepares for 2025 launch of Visa A2A in UK

Visa A2A will launch in the UK in 2025, offering account-to-account (A2A) payments for greater consumer control and protection via bank transfers. It...

Mastercard to pilot Payment Passkey Service in India

New Service Introduction: Mastercard is launching a pilot for its new Payment Passkey Service in India. Participants: The pilot involves major online merchants...

US identity verification start-up IDPartner Systems to shut down

Company Overview: IDPartner Systems is a US-based provider of online identity verification tools, founded in 2021 and headquartered in San Francisco. The company...

Mastercard set to lay off around 3% of global workforce

Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees. The layoffs are a result of organizational changes announced...

CaixaBank doubles down on generative AI with launch of GalaxIA project

Second Phase of GenAI Initiative: CaixaBank is launching the second phase of its generative AI project, named GalaxIA, to further integrate AI across...

Norway’s IDEX Biometrics names Catharina Eklof as new CEO

New CEO Appointment: Catharina Eklof, previously the Chief Commercial Officer (CCO), has been promoted to CEO of IDEX Biometrics, effective immediately. Predecessor: She...

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