Contracts

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Visa continues acquisitive direction with purchase of Currencycloud

23 Jul 21 @ 12:07

Visa has announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and FinTechs to provide innovative foreign exchange solutions for cross-border payments. The... read more

Diners Club Peru selects BPC’s SmartVista commerce suite

02 Jul 21 @ 14:56

BPC, the global payment solution provider, has announced that Diners Club Peru has selected its SmartVista commerce suite as part of its innovation program. Diners Club Peru is the third... read more

Deutsche Bank and Fiserv form merchant acquiring joint venture in Germany

21 Jun 21 @ 09:35

Just seven month after Deutsche Bank announced it was looking for acquisitions and partnerships to move itself back into mainstream merchant acquiring, Germany’s largest bank, has announced a joint venture... read more

Russian national payment system Mir now available in South Korea

10 Jun 21 @ 09:46

BC Card, the biggest payment processing company in South Korea, has done a deal with NSPK, a Russian national payment company, to process card payment of Mir system in South Korea.... read more

11 major banks trial blockchain intraday FX swap trial

08 Jun 21 @ 16:18

11 banks have participated in a trial of blockchain based FX intraday swaps. NatWest, Deutsche Bank, Bank of Ireland, Banca Mediolanum and seven other banks participated with $14.5 trillion in combined... read more

Signicat acquires Encap to create digital identity and authentication powerhouse

02 Jun 21 @ 09:00

Signicat has acquired Strong Customer Authentication (SCA) specialist Encap Security from AllClear ID. With Encap’s secure mobile app-based authentication solution, Signicat ensures SCA compliance across the full customer lifecycle. The acquisition... read more

Worldline continue acquisition spree with purchase of Greece’s Cardlink

28 May 21 @ 14:08

Worldline has announced the signing of a bidding agreement for the acquisition of 92.5% of the share capital of Cardlink, the leading Network Services Provider in Greece. Greece: an attractive payment market With a cash... read more

Payoneer replaces PayPal in latest agreement with eBay

04 May 21 @ 09:00

As eBay further distances itself from its PayPal relationship and looks to consolidate its payments inhouse, the e-commerce monster has signed a new deal with Payoneer. Payoneer says it is... read more

Singapore and Thailand integrate real-time payments services

29 Apr 21 @ 16:22

The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) have announced that they will integrate their individual countries real-time payments rails to facilitate faster cross-border transfers. The... read more

One third of European FinTechs faced regulatory intervention due to partner bank

06 Apr 21 @ 09:00

A new report that reveals 33% of FinTechs have faced regulatory intervention due to agency banking resiliency failures. The report How well are FinTechs served by banks? The state of... read more

Payment Systems Regulator names Mastercard in pre-paid card cartel

31 Mar 21 @ 16:11

The Payment Systems Regulator (PSR) has set out provisional accusations for five payments companies including Mastercard, in which it states the companies violated antitrust laws, by operating a cartel for... read more

Visa first to settle transactions in USD Coin (USDC)

29 Mar 21 @ 15:02

Visa says it has nailed a major industry first in bridging the worlds of digital and traditional fiat currencies: the use of USD Coin (USDC), a stablecoin backed by the US... read more

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Takeover talk swirls as PayPal’s valuation slumps

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more