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Showing Latest Contracts

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

Goldman Sachs closes in on $2.5 billion GM credit card portfolio acquisition

08 Oct 20 @ 12:41

Goldman Sachs is rumoured to be closing in on the acquisition of General Motors’ credit card business Goldman will pay about $2.5 billion for the portfolio, which has roughly that... read more

P27 Nordic Payments Platform makes strategic acquisition of Bankgirot

06 Oct 20 @ 15:11

P27 Nordic Payments Platform, after having registered interest in 2019, has signed an agreement to acquire Bankgirocentralen BGC AB (Bankgirot), Sweden’s only clearing house for mass payments. Bankgirot, established in... read more

Italian heavyweights Nexi and SIA agree €15 billion merger

05 Oct 20 @ 13:55

Nexi, an Italian PayTech leader and SIA have signed a memorandum of understanding (MoU) regarding the integration of the two groups through the merger by incorporation of SIA into Nexi.... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more