Contracts

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Worldline completes acquisition of First Data Baltics

28 Sep 17 @ 09:04

Worldline announced the completion of the agreement with First Data Corporation announced on July 25th, 2017, for the acquisition of 100% of the share capital of First Data’s fully owned subsidiaries... read more

Nets agrees $5.3 billion take over amid fears of M&A market bubble

27 Sep 17 @ 10:48

Nets has agreed a 33.1 billion Danish crown ($5.3 billion) bid from US firm Hellman & Friedman, marking what could be one of the largest European private equity takeovers in... read more

Nets nearing rumoured $5 billion acquisition by US private equity firm

01 Sep 17 @ 13:19

Nets is rumoured to be nearing a deal that is expected to value the company’s shares at more than DKr31.3bn ($5bn) with US private equity firm Hellman & Friedman the... read more

Worldline to acquire the leading payment processor in the Baltics – First Data Baltics

26 Jul 17 @ 09:49

Worldline says it has signed an agreement with First Data for the acquisition of 100% of the share capital of First Data’s fully owned subsidiaries in Lithuania, Latvia, Estonia (together... read more

PayPal and Visa ink deal to offer debit cards in Europe

24 Jul 17 @ 15:02

PayPal has signed a deal with Visa that allows it to issue Visa branded debit cards in Europe, as the company moves further into traditional retail banking territory. The two... read more

Vantiv agrees Worldpay purchase in £9bn deal

05 Jul 17 @ 17:55

Worldpay has agreed a £9.1bn deal to be acquired by US rival Vantiv, sending shares in the company down sharply. Worldpay fell close to 10% to £3.68, soon after unveiling... read more

Worldpay shares jump after news of take over offer

04 Jul 17 @ 12:34

Shares in Worldpay hit new highs after the UK’s largest payments processor received separate preliminary takeover offers from JPMorgan and Vantiv of the US. Worldpay said it had “received preliminary... read more

Visa commits to strategic investment in Klarna

27 Jun 17 @ 09:54

Visa and Klarna announced they have reached an agreement for Visa to invest in Klarna, and intend to develop a future strategic partnership. Klarna is one of Europe’s fastest growing... read more

Misys partners with D+H to form mega FinTech company Finastra

16 Jun 17 @ 12:51

UK’s Misys and Canada-based D+H have merged to form a mega FinTech company, named as Finastra. The new company has been created after D+H was acquired by Vista Equity Partners,... read more

Fiserv makes £70m bid to buy embattled UK mobile payments company Monitise

13 Jun 17 @ 10:41

Fiserv is reported to have agreed to buy embattled UK financial services technology firm Monitise for £70m ($88.72 million). AIM-listed Monetise, worth about £2bn  at its peak in early 2014,... read more

First Data to acquire CardConnect for $750 million

31 May 17 @ 09:33

First Data has agreed to acquire smaller payments processing company CardConnect in a deal worth around $750 million, the companies said on Tuesday. First Data will pay $15.00 per share in cash for... read more

UK wasting £37 billion a year on failed Agile IT projects

05 May 17 @ 12:03

British business is set to waste an estimated £37 billion on failed Agile IT projects over the course of the next 12 months, according to a new report from independent... 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