Contracts

22 Jun 18 @ 09:58

Having splashed out $2.2 billion on iZettle, PayPal is continuing its spending spree on new technology with the acquisition of Simility, a fraud prevention and risk management platform, for a purchase... read more

11 Jun 18 @ 16:50

USAA is suing Wells Fargo Bank, accusing it of infringing on its Remote Deposit Capture (RDC) patented technology that allows users to deposit cheques using mobile devices. It’s the first... read more

05 Jun 18 @ 09:11

TransferWise has teamed up with Groupe BPCE, in a deal that will give the money-transfer startup access to the banking group’s 15 million retail customers, the companies announced at Money... read more

04 Jun 18 @ 11:29

A multi-billion-euro merger has been formalised between two of Europe’s largest payments groups – the latest in a series of major deals in the rapidly-consolidating industry. Nets and German group Concardis announced... read more

25 May 18 @ 13:22

Google has deepened its relationship with PayPal, making it easier to make mobile payments on premium apps and services (like the new YouTube Music, for example). It’s been possible to... read more

25 May 18 @ 12:47

SIA and First Data have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. In 2017, these... read more

24 May 18 @ 11:50

The US banking industry has largely sat out the M&A wave of recent years. While deal records have fallen in almost every other sector, big banks have done almost nothing,... read more

18 May 18 @ 08:49

PayPal is reported to be acquiring mPOS specialist iZettle for $2.2bn. PayPal is paying double the amount that iZettle, which is focused on Europe and Latin America, was targeting in its IPO,... read more

15 May 18 @ 13:49

Worldline will buy the payments unit of SIX Group in a $2.75 billion deal, in the latest example of consolidation within the sector, as financial sector companies seek to benefit... read more

02 May 18 @ 15:51

Mastercard and Santander have announced that they will work together to issue debit cards to all the Bank’s retail current account customers on Mastercard’s network. Customers will begin to receive... read more

27 Apr 18 @ 10:14

eBay and PayPal have confirmed the signing of a previously-announced agreement to offer PayPal as a way to pay on eBay until July 2023. This new agreement builds on the... read more

10 Apr 18 @ 09:56

Verifone Systems and Francisco Partners, a leading technology-focused private equity firm, have announced that they have entered into a definitive agreement under which an investor group led by Francisco Partners... read more