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Mastercard gains regulatory approval to acquire VocaLink

11 Apr 17 @ 15:10

Mastercard says the UK’s Competition & Markets Authority’s decision has cleared the way for the completion of the company’s planned acquisition of VocaLink. The CMA gave final approval for the proposed set... read more

US activity for cheaper rivals send European M&A soaring

31 Mar 17 @ 13:17

Europe has become the main target for cross-border M&A in Q1 2017, as US companies ride a Trump-fuelled equity rally to hunt for bargains across the Atlantic. Mergers and acquisitions in Europe... read more

Global Blockchain startup map

29 Mar 17 @ 10:43

The blockchain ecosystem made great leaps forward in 2016, with dozens of new companies, funding rounds and partnerships making headlines. But who is doing what in the Blockchain ecosystem ca... read more

UK regulator forces Diebold Nixdorf to sell UK business to complete Wincor merger

17 Mar 17 @ 09:50

UK Competition and Market Authority (CMA) has ruled that the Diebold Nixdorf merger needs a ‘structural remedy’. In order to force the acquisition through, Diebold Nixdorf has agreed to sell its legacy business... read more

Optal to acquire B2B payments business Invapay

07 Mar 17 @ 08:44

Optal announced the acquisition of Invapay, in a deal which will significantly expand Optal’s capabilities in the global corporate payments space. Invapay enables corporate buyers to use credit cards to... read more

Kenya Bankers Association develops banking industry switch with Tieto

16 Feb 17 @ 12:00

Kenya Bankers Association (KBA), the banking industry’s umbrella body, has awarded Tieto the contract to develop Kenya’s first industrywide switching platform in a move that will see banks enhance efficiency... read more

Autralian banks respond to Apple Pay NFC payment submission

13 Feb 17 @ 17:20

Three of Australia’s major banks (National Australia Bank, Commonwealth Bank and Westpac), along with Bendigo bank have released a joint statement in response to the Apple Pay submission to the... read more

UK’s Link ATM network under pressure to define new business strategy

27 Jan 17 @ 12:06

More than one in seven free-to-use cash machines across the UK could start charging or be shut down if the row about the Link ATM network cannot be resolved, ATMIA has... read more

Ant Financial set to purchase MoneyGram for $880 million

26 Jan 17 @ 16:33

Ant Financial has stepped up its international expansion by reportedly buying US money-transfer service MoneyGram International for $880 million. The $880 million acquisition marks Ant’s first deal with a US-listed company,... read more

CMA considers Mastercard acquisition of VocaLink remedies

18 Jan 17 @ 09:56

Earlier this month, the Competition and Markets Authority (CMA) announced that Mastercard acquisition of VocaLink would face an in-depth investigation, unless the companies could address the CMA’s competition concerns over the... read more

Discover and PayPal partner on tokenisation and digital payments

12 Jan 17 @ 15:02

Discover Financial Services (DFS) and PayPal have signed a tokenisation and digital payments agreement making PayPal more widely available to Discover cardmembers, acquirers and merchants. The agreement provides PayPal with... read more

Walmart and Visa end public interchange fees feud in Canada

08 Jan 17 @ 15:39

Walmart and Visa have ended an acrimonious and public battle over interchange fees that saw the Walmart refuse to accept Visa credit cards in its northern Ontario and Manitoba stores.... read more

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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