1. Fintech unicorn Zepz to lay off 200 employees
Cross-border payments firm Zepz is cutting 200 jobs, around 26% of its workforce, in a cost-cutting move amid profitability concerns. The layoffs affect roles across various departments. Source
2. Proxymity raises $26M to improve shareholder transparency
Proxymity, a digital investor communications platform, has secured $26 million in funding to enhance its real-time proxy voting and corporate governance solutions for financial institutions worldwide. Source
3. GoCardless partners with Form3 for UK payments
GoCardless has teamed up with Form3 to strengthen its UK payment processing capabilities, ensuring greater speed, reliability, and efficiency in direct debit and bank-to-bank transactions. Source
4. Sardine secures $70M, invests in AI fraud prevention
Fraud prevention platform Sardine has raised $70 million in a Series C round and is investing in Agentic AI to enhance security in real-time payments and financial transactions. Source
5. Gold Coast FCU selects Tyfone for digital banking
Gold Coast Federal Credit Union has chosen Tyfone’s nFinia digital banking platform to upgrade its online and mobile banking experience for members. Source
6. Orange boosts cash flow target as domestic market rebounds
French telecom giant Orange has increased its cash flow target following a strong performance in its domestic market, signaling improved financial stability and growth. Source
7. Ooredoo Qatar partners with Nokia for 5G expansion
Ooredoo Qatar is deploying Nokia’s 5G standalone core network to enhance advanced network services and create new revenue streams in the region. Source
8. TalkTalk and O2 top Ofcom complaints list
Ofcom’s latest report names TalkTalk and O2 as the most complained-about UK telecom providers, mainly due to customer service and billing issues. Source
9. Virgin Media O2 launches 5G standalone for businesses
Virgin Media O2 has activated its 5G standalone network for UK business customers, offering improved connectivity and reliability. Source
10. TIM restores dividends as debt drops, Sparkle sale finalised
Telecom Italia (TIM) is reinstating dividends following a reduction in debt and the completed sale of its Sparkle submarine cable unit. Source
11. Vodafone and Three reveal post-merger leadership
Vodafone and Three UK have announced their leadership team ahead of their pending merger, setting the stage for industry consolidation. Source
12. VMO2 CEO highlights AI’s role in telecom growth
Virgin Media O2’s CEO emphasizes AI’s transformative impact on telecom services, from network optimization to customer engagement. Source
13. Data center innovation drives Canada’s digital economy
Canada’s expanding digital economy is benefiting from new data center innovations, boosting cloud services and AI-driven operations. Source
14. Ofcom proposes sharing 6GHz band for mobile and WiFi
UK regulator Ofcom suggests opening the upper 6GHz band to both mobile and WiFi services, aiming to improve connectivity nationwide. Source
15. Vodafone and Three UK finalize merger leadership
Vodafone and Three have unveiled their new executive team as they prepare for their £15 billion UK merger. Source
16. EnCharge AI secures $100M to expand edge AI computing
EnCharge AI has raised $100 million in Series B funding to accelerate the deployment of its energy-efficient AI hardware solutions. Source
17. KDDI and Infobip join Aduna API initiative
KDDI and Infobip have partnered with the Aduna API initiative to enhance global messaging and communication services. Source
18. Comcast NBCUniversal faces FCC probe over DEI policies
The FCC is investigating Comcast NBCUniversal over alleged discriminatory practices in its diversity, equity, and inclusion (DEI) policies. Source
