Category: Business

BusinessStartupsTechnology

Allica Bank Expands into Embedded Finance with Kriya Acquisition

Allica Bank has acquired Kriya in a strategic move to enter the embedded finance market. The combined entity reportedly aims to advance £1 billion in working capital financing to UK small and medium businesses within three years while maintaining Kriya’s brand and leadership.

Strategic Acquisition Expands Embedded Finance Capabilities

Allica Bank has reportedly acquired Kriya in a strategic move to enter the embedded finance market, according to recent reports. Sources indicate the combined offering will provide flexible working capital and PayLater options specifically tailored for small and medium-sized businesses (SMBs) across the United Kingdom.

by Alvarez Jordan
BusinessCybersecurity

Insider Data Breaches Surge as Workforce Risks Intensify, Experts Warn

Organizations are facing escalating insider threat challenges as workforce pressures and technology adoption create new vulnerabilities. Security leaders report lacking full visibility into how employees handle sensitive data across modern tools and platforms.

Growing Insider Threat Landscape

Insider risk has emerged as one of the most significant cybersecurity challenges facing organizations today, with new research indicating widespread data loss incidents stemming from both unintentional employee actions and malicious activities. According to reports, these threats are increasingly woven into daily workflows rather than originating from external attackers.

by Desai Priyanka
AIBusinessTechnology

Meta Restructures AI Division with Hundreds of Layoffs in Efficiency Push

Meta is eliminating approximately 600 positions from its artificial intelligence teams in a major restructuring move. The company’s chief AI officer indicated the cuts aim to create a less bureaucratic organization with faster decision-making capabilities.

Major Workforce Reduction in Meta’s AI Operations

Meta Platforms has reportedly eliminated hundreds of positions within its artificial intelligence division, according to a report from Axios. Approximately 600 employees across the company’s AI research and infrastructure teams are affected by the restructuring, which sources indicate is designed to streamline operations and reduce bureaucratic hurdles.

by Desai Priyanka