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Castles Technology announces the acquisition of Spire Payments

02 Oct 20 @ 14:59

Castles Technology has completed the acquisition of the business and assets of Spire Payments, the leading European based EFTPOS terminal solutions provider. With the acquisition of the business and assets... read more

Yandex acquires Tinkoff for $5.5 billion

24 Sep 20 @ 15:21

Yandex has agreed to spend $5.5 billion to buy Tinkoff, the country’s top digital bank, in an all Russian deal. Yandex is preparing a cash-and-share offer for all of Tinkoff’s... read more

MYHSM expands strategic partnerships with Compass Plus

15 Sep 20 @ 09:26

MYHSM, a provider of cloud-based Payment Hardware Security Modules (HSM) as a Service has announces its partnership with Compass Plus, an international provider of retail banking and electronic payments software... read more

American Express completes Kabbage acquisition

18 Aug 20 @ 13:38

American Express says it has entered into an agreement to acquire substantially all of Kabbage, a financial technology company providing cash flow management solutions to small businesses in the US.... read more

EC approves Mastercard acquisition of Nets subject to conditions

18 Aug 20 @ 10:59

The European Commission announced it will approve, under the EU Merger Regulation, the proposed acquisition of Nets’ account-to-account payment business by Mastercard. The decision is conditional on the transfer of... read more

SEB to implement virtual accounts solution

13 Jul 20 @ 09:14

SEB will launch a new virtual account management solution in partnership with Nordic software company TietoEVRY. With the new service, the bank can offer its corporate customers virtual cash management... read more

Multinational industry alliance launch PayID – universal ID for payments

24 Jun 20 @ 12:10

A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... read more

Planet to acquire 3C Payment

18 Jun 20 @ 09:00

Planet has agreed to acquire 3C Payment. 3C Payment’s gateway, integration and terminal capabilities, when combined with Planet’s value added payment services, will create a unique platform in the payments... read more

Western Union seeks deal to acquire MoneyGram

02 Jun 20 @ 15:51

Western Union is reported to have made an offer to acquire MoneyGram in a transaction that would bring together the two largest money-transfer service providers in the US. Western Union... read more

European Commission says it will review Mastercard’s Nets purchase

08 Apr 20 @ 14:16

The European Commission has accepted requests submitted by Austria, Denmark, Finland, Norway, Sweden and the UK to assess under the EU Merger Regulation the proposed acquisition of Nets A/S account-to-account... read more

Intuit agrees $7.1 billion price tag to acquire Credit Karma

25 Feb 20 @ 12:45

Intuit, which already owns TurboTax and QuickBooks, has agreed to buy credit report provider Credit Karma for $7.1 billion as consolidation sweeps the financial technology industry. The deal highlights the... read more

Elavon to sell Mexican acquiring operation to Santander

24 Feb 20 @ 09:25

Elavon says it will divest its Mexico-based operations to Santander. The deal, subject to regulatory approval, is expected to close in the next few weeks. Elavon currently provides payment processing... read more

Trending

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