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Ingenico and Natixis eye strategic merger

11 Oct 18 @ 09:18

The French bank Natixis is reported to be reviewing a potential deal with Ingenico as the companies look to expand in the rapidly consolidating payments sector. In a statement today,... read more

Trustly partners with the largest European P2P marketplace Mintos

09 Oct 18 @ 10:46

Trustly has partnered with Mintos, a global online marketplace for loans which provides retail investors with a way to invest in loans from around the world. By implementing Trustly’s direct... read more

Ripple and R3 Consortium reach settlement in litigation

11 Sep 18 @ 14:12

Ripple Labs says it has reached a settlement “of all outstanding litigation” between R3 and XRP II, according to a press release published today. As per that statement, the details of the settlement... read more

PayPal continues spending spree on Simility

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

Wells Fargo sued by USAA for RDC patent infringement

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

TransferWise teams with French bank Groupe BPCE

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

Payments industry consolidation gathers pace as Nets and Concardis merge

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

PayPal partners Google for deeper payments integration

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

SIA makes €375 million acquisition of First Data’s European card processing unit

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

US banking market on the road to consolidation of its 5,600 banks

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

PayPal acquires iZettle for $2.2 billion

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

Worldline to buy SIX Payment Services for $2.75 billion – further market consolidation expected

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

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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