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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

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

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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