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Worldline completes 55% acquisition of SoftPos.eu

26 Oct 22 @ 18:20

Just month after completing the sale of its POS division, Worldline has announced the closing of the acquisition of 55% of the capital of SoftPos.eu, which transforms Android mobile devices... read more

J.P. Morgan inks deal to offer Meta Pay to merchants

25 Oct 22 @ 18:23

Meta has announced a new partnership with J.P. Morgan Payments to expand Meta Pay to J.P. Morgan merchants as a new checkout option for people. This partnership will allow people to... read more

Vipps and MobilePay merger gets EU clearance

24 Oct 22 @ 19:39

The European Commission has approved the merger of the payment services Vipps and MobilePay, the companies announce the deal had been “approved by all relevant authorities, including the EU Commission”.... read more

NCR board announces it will split into two separate entities

23 Sep 22 @ 15:53

NCR has announced that its Board of directors has unanimously approved a plan to separate NCR into two independent publicly traded companies – one focused on digital commerce business and the... read more

Finastra and Visa announce global BaaS offering

23 Sep 22 @ 14:44

Finastra and Visa announced a Banking as a Service (BaaS) collaboration to co-develop new functionality on its Payments Hub solutions and implement Visa Direct2 – which provides access to more... read more

ING winds down Yolt B2B Open Banking

30 Aug 22 @ 16:41

ING has announced, following the closure of the Yolt cashbook app last year, to phase out its Yolt business-to-business Open Banking activities as well. This was reported by the bank... read more

Citibank forced to shutter Russian operations after no buyer found

30 Aug 22 @ 15:21

Citibank has been forced to shut down its consumer and local commercial banking operations in Russia after it proved impossible to find a buyer for the businesses. The bank announced... read more

BLIK seeks international expansion with VIAMO acquisition

26 Aug 22 @ 15:23

Just days after posting stellar results, BLIK, the Polish mobile payment system operator, has signed a 100% purchase agreement of shares in the Slovak company VIAMO – a provider of... read more

Citibank and the $900 million “biggest blunders in banking history”

22 Aug 22 @ 12:30

In August 2020, Citibank mistakenly used its own money to repay a $900 million term loan it administered on behalf of Revlon that was held by multiple asset management groups.... read more

Global Payments set to acquire EVO in $4 billion deal

03 Aug 22 @ 10:15

Global Payments and EVO Payments have announced that Global Payments will acquire EVO in an all-cash transaction for $34.00 per share, valuing the deal at $4 billion. The transaction will... read more

Giesecke+Devrient acquire Valid payments and identity business in US

04 Jul 22 @ 13:14

Giesecke+Devrient (G+D) has announced the acquisition of the payment and identity solutions business of Valid USA. With this step, G+D aims to accelerate growth in the US, one of the... read more

Irish mobile payments app Synch gets regulatory approval

20 Jun 22 @ 10:55

In mid-January 2021 the four of Irelands largest banks joined forces to launch an instant payments digital payment app, dubbed Synch, that they intended to promote to help fend off... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more