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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

CaixaBank and Bankia set to close their successful merger

25 Mar 21 @ 18:21

After agreeing to pay a 20% premium to take over smaller rival Bankia last year, CaixaBank is set to become Spain’s largest lender in a move that heralds long-awaited consolidation... read more

IDEMIA, G+D and NXP launch WLA to offer independent contactless payment standard

16 Mar 21 @ 16:45

Following a 2019 announcement, IDEMIA, G+D and NXP Semiconductors have launched the White Label Alliance (WLA), which responds to growing global demand for next-generation, independent payment solutions for domestic and private-label payment brands. The White... read more

Ripple and Moneygram end partnership over SEC battle

11 Mar 21 @ 12:51

Ripple says its partnership with MoneyGram is to end by mutual agreement. Several weeks ago MoneyGram said it had stopped using Ripple’s On Demand Liquidity (ODL) solution for the four currencies where it was... read more

European financial institutions establish European Cloud User Coalition (ECUC)

01 Feb 21 @ 12:48

Leading European financial institutions have taken the initiative to establish the European Cloud User Coalition (ECUC). Cloud computing is a key strategic technology for the digital transformation of the European... read more

NCR increases offer to seal ATM operator Cardtronics deal

11 Jan 21 @ 12:26

NCR has upped its offered to buy Cardtronics to more than $1.7 billion, beating an former bid in late 2020 for the ATM operator by Apollo Global Management. NCR, proposed a... read more

Worldline signs a major strategic commercial acquiring alliance with ANZ Bank

15 Dec 20 @ 11:25

Worldline has signed a major strategic commercial acquiring alliance with ANZ Bank, one of the largest banks in Asia-Pacific and Australia’s 3rd largest acquirer with a 20% share of transaction... read more

Nexi and Nets agree binding framework agreement for all-share merger

16 Nov 20 @ 19:41

Following the announcement made on 2 November 2020, Nexi and Nets, controlled by a consortium of private equity firms led by Hellman & Friedman (“H&F”), announced that they have signed... read more

Italy’s Nexi makes $8 billion take over bid for Nets

02 Nov 20 @ 13:02

Nexi, Italy’s biggest payments group has entered into merger talks with Nets over a potential $8 billion take over in hot pursuit of the multi-billion euro deal last month with... read more

Why did Yandex drop $5.5 billion Tinkoff take over?

20 Oct 20 @ 12:44

The  $5.48 billion mega merger, Russia’s largest corporate deal of 2020 collapsed over the weekend after talks between online bank Tinkoff and internet giant Yandex ended. Discussions over the potential... 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