Top tech news today: December 4, 2024

1. AT&T targets 50 million fibre locations

AT&T has set a target of expanding its fibre network to 50 million locations by 2025, aiming to enhance its broadband offerings across the U.S. Telecoms.com

Also read: Viasat satellite messaging


2. Industry responds to Rosenworcel’s ‘rip and replace’ plea

Telecom industry players have voiced their opinions as FCC Chairwoman Jessica Rosenworcel once again advocates for funding to help replace harmful equipment in U.S. telecom networks. Telecoms.com

Also read: Telstra acquires Boost Mobile


3. HKBN shares surge after China Mobile’s HK$6.86 billion offer

HKBN’s shares saw a significant jump after China Mobile made a proposal to acquire the Hong Kong broadband operator for HK$6.86 billion, indicating potential growth for the telecom sector. Business Times

Also read: Kao Data partners with CBRE


4. Vodafone UK to launch eSIM MVNO box for businesses

Vodafone UK is rolling out an eSIM MVNO solution for UK businesses, enabling them to become mobile virtual network operators (MVNOs) without the need for traditional mobile infrastructure. Mobile News


5. French operators collaborate for anti-fraud API

Several French telecom operators have joined forces to create an anti-fraud API aimed at reducing fraudulent activities within the telecom industry and enhancing customer security. Telecoms.com


6. Telstra’s Boost Mobile acquisition faces mixed reactions

Telstra’s move to acquire Boost Mobile has sparked mixed reactions in Australia, with analysts divided on the potential benefits and challenges of the acquisition for the telco giant. Telecoms.com


7. M-Files appoints Jay Bhatt as CEO

M-Files has named Jay Bhatt as its new CEO, signaling the company’s commitment to expanding its enterprise content management solutions in the digital transformation space. Fintech Global


8. European Commission aids sustainable finance with new FAQs

The European Commission has released a set of FAQs aimed at helping investors navigate the complex world of sustainable finance, promoting transparency and clarity in the investment landscape. Fintech Global


9. Kaizen’s single rulebook expands with AI-driven regulatory data

Kaizen’s expanded single rulebook integrates AI-driven regulatory data, enabling financial institutions to stay ahead of compliance changes and navigate complex regulatory requirements more efficiently. Fintech Global


10. Bunch launches in the UK to transform PE and VC operations

Bunch has launched in the UK with the aim of transforming the way private equity (PE) and venture capital (VC) firms operate, enhancing deal-making and investment decisions through advanced AI tools. Fintech Global


11. Shastic and MeridianLink team up for AI-powered financial workflows

Shastic has partnered with MeridianLink to enhance financial workflows, bringing AI automation to credit unions and banks, improving efficiency and reducing human error in financial processes. Fintech Global


12. kPay secures $55 million in Series A funding

kPay has successfully raised $55 million in Series A funding to scale its fintech solutions, aimed at enhancing digital payments and improving financial inclusion in emerging markets. Finextra


13. Finextra and Euro Banking Association invite startups for fintech zone

Finextra and the Euro Banking Association have launched an initiative to invite fintech startups to join their Fintech Zone, providing a platform for innovation and collaboration in the financial sector. Finextra


14. Lumin Digital raises $160 million for digital banking platform

Lumin Digital has raised $160 million to expand its digital banking platform, aiming to improve the customer experience and bring innovative banking services to underserved markets. Finextra


15. European Payments Council publishes 2025 payment scheme rulebooks

The European Payments Council has published the 2025 payment scheme rulebooks, providing updated guidelines for the European payments ecosystem and ensuring seamless cross-border transactions. Finextra


16. HTX unveils crypto loans product

HTX has launched a new crypto loan product, allowing users to collateralize digital assets for loans, further bridging the gap between traditional finance and the emerging crypto space. Finextra


17. TP ICAP to migrate tech infrastructure to AWS

TP ICAP has announced plans to migrate 80% of its technology infrastructure to Amazon Web Services (AWS) to enhance scalability, security, and operational efficiency. Finextra


18. Nile rolls out trust service for zero-trust networks

Nile has introduced a trust service designed for zero-trust networks, aiming to enhance security and compliance across businesses leveraging zero-trust architecture. Finextra

Vionna-Fiducia Theja

Vionna Fiducia Theja

Vionna Fiducia Theja is a passionate journalist with a First Class Honours degree in Media and Communication from the University of Liverpool. A storyteller at heart, she delves into the vibrant worlds of technology, art, and entertainment, where creativity meets innovation. Vionna believes in the power of media to transform lives and spark conversations that matter. Connect with her at v.zheng@btw.media.

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