Contracts

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Fiserv and First Data agree $22 billion merger

16 Jan 19 @ 15:19

Fiserv and First Data Corporation announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will acquire First Data in an all-stock transaction. The... read more

Visa and Mastercard left out in cold as Chinese Central Bank refuses to process application

14 Jan 19 @ 09:36

After a decade of lobbying to gain local access to the $124 trillion Chinese payments market, Visa and Mastercard have been snubbed by China’s central bank which has refused to... read more

Ingenico complete JV with BS PAYONE in Germany

08 Jan 19 @ 09:17

Ingenico and Deutscher Sparkassenverlag (DSV), have announced the finalisation of the combination of BS PAYONE, a Sparkassen-Finanzgruppe subsidiary, with Ingenico Retail assets in DACH (Germany, Austria, Switzerland) following the approval... read more

Nets finalises merger with Concardis

08 Jan 19 @ 09:08

Nets and Concardis have confirmed that they have completed the merger originally announced in June 2018. Bo Nilsson will lead the combined group as CEO and Robert Hoffmann will continue as Concardis... read more

Visa to buy Earthport for £198 million

27 Dec 18 @ 09:29

Visa Inc is to pay £198 million pounds to buy Earthport Plc, a British firm that facilitates international transactions for banks and businesses. Visa International Service Association, a unit of... read more

First Data and China CITIC Bank International launch new merchant acquiring solutions

12 Dec 18 @ 08:23

First Data and Hong Kong-based China CITIC Bank International (CNCBI), have announced a partnership with the launch of a comprehensive range of merchant acquiring solutions including POS terminals, e-commerce solutions... read more

PayPal and iZettle takeover referred for deeper probe by competition watchdog

10 Dec 18 @ 10:55

The UK’s antitrust watchdog has referred PayPal’s takeover of Swedish startup iZettle for an in-depth probe over fears it will force up prices for customers and lead to a worse... read more

Resurs Bank roll-out electronic ID for signing digital credit agreements

28 Nov 18 @ 09:57

Resurs Bank has signed a deal with electronic ID supplier Signicat to provide instant mobile signing of credit agreements. Resurs Bank is the leader in retail finance in the Nordic... read more

American Express gets regulatory approval to enter Chinese payments market

12 Nov 18 @ 12:10

American Express has won regulatory approval to become the first US credit card company to enter the Chinese payments market and start building its own payments network. The company said... read more

Mastercard files complaint against Indian protectionism of RuPay

05 Nov 18 @ 12:48

Having recently complied with new rules laid out by the Indian government surrounding personal and transaction data – a directive that sparked aggressive lobbying effort from US companies who said... read more

Hitachi and SBI JV to accelerate digital payments in India

30 Oct 18 @ 12:03

Hitachi Payment Services, a wholly-owned subsidiary of Hitachi, and State Bank of India (SBI) have signed a definitive agreement to enter into a joint venture for the establishment of a... read more

NCR steps into payments with JetPay acquisition

24 Oct 18 @ 12:21

NCR announced a definitive agreement to acquire US based JetPay, a provider of end-to-end payment processing. The transaction will be a cash tender offer of $5.05 per JetPay share, which... 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