private technology firms

The Philadelphia Federal Reserve Bank has published five insights from its payments chief on the future of fintech, outlining how the sector is expected to evolve and how regulators and banks are responding to innovation in payments. The release touches on themes shaping the next phase of financial technology, from faster payments infrastructure to collaboration between regulators and private firms.

The US government has taken equity stakes in four quantum computing startups, extending Washington's recent pattern of direct investments in strategic technology companies. The move signals federal interest in securing a foothold in quantum computing, a field seen as critical to national security and economic competitiveness, and is drawing attention to how far the government will go in backing private tech firms.

Estonia is opening its military to defense investors and technology firms, in a move aimed at deepening cooperation between the armed forces and the private defense sector. The initiative signals Tallinn's push to attract defense technology companies and accelerate innovation in its armed forces, reflecting heightened security concerns in the Baltic region following Russia's invasion of Ukraine.

Priority Technology Holdings investors have been notified of an ongoing investigation into the proposed $8.05 per share take-private deal led by CEO Thomas Priore. The legal alert asks shareholders to review whether the offer price fairly values the payments company and whether the process protects minority investors before the transaction moves forward.