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Competition Authority slows Mastercard acquisition of VocaLink

04 Jan 17 @ 16:22

The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns and operates credit and debit card schemes Mastercard, Maestro and... read more

MBNA finalise sale of credit card assets to Lloyds for £1.9bn

20 Dec 16 @ 10:36

Lloyds Banking Group has finalised the purchase of MBNA’s UK credit card business from Bank of America for £1.9 billion pounds in an effort to increase profit and reduce its reliance on... read more

Alipay partners leading EU banks and payment providers to drive European expansion

06 Dec 16 @ 11:41

Alipay, now the world’s largest online and mobile payment platform, operated by Ant Financial Services Group, has announced a series of partnerships with some of Europe’s largest financial institutions and... read more

AmEx enhances fraud prevention capabilities with InAuth acquisition

06 Dec 16 @ 11:06

American Express has acquired InAuth, a mobile device authentication and intelligence solutions provider of fraud prevention. InAuth’s technology is used by some of the largest financial institutions, banks, payment networks... read more

Lloyds front-runner for BofA’s UK credit card business

05 Dec 16 @ 10:52

Lloyds Banking Group has emerged as the leading bidder for Bank of America’s (BofA) £7 billion (A$12 billion) credit card business in Britain, taking the UK lender closer to its... read more

Visa to acquire CardinalCommerce – accelerating digital commerce

02 Dec 16 @ 09:05

Visa announced an agreement to acquire CardinalCommerce, a leader in e-commerce payment authentication. The acquisition will enable more secure, seamless payments, whether made through a browser, mobile app, or connected... read more

RS2’s one-stop-shop payment processing for Thai market

11 Oct 16 @ 11:57

Payments processor RS2 Software has announced a partnership with Alpha Payments Cloud to provide banks in Thailand with access to multiple financial and non-financial services through a single integration. This... read more

Vodafone and PayPal partner for contactless mobile wallet payments

11 Oct 16 @ 09:33

Vodafone and PayPal have agreed to allow UK customers to make contactless mobile wallet payments in shops, restaurants and on transport services with their Android smartphones, funded from their PayPal... read more

Worldline completes Equens and Paysquare transaction

03 Oct 16 @ 14:05

Worldline has announced the successful completion of the transaction that was presented on November 3rd, 2015 with Equens Group. Under the terms of the agreement, it is reminded that the... read more

Nets hits European IPO jackpot of $4.5 billion

27 Sep 16 @ 16:00

Nets Holding launched Europe’s biggest initial public offering since the UK voted to leave the EU, with a listing that gives Scandinavia’s biggest payments processor a market capitalisation of about... read more

ACI and VocaLink partner to aid adoption of immediate payments

27 Sep 16 @ 15:05

ACI Worldwide and VocaLink have announced a partnership to offer a complete end-to-end immediate payments solution to launch a domestic or regional immediate payments network. It is the first global... read more

Post Brexit EU Financial Institute passport confusion as both sides flex muscles

21 Sep 16 @ 13:46

There are growing fears in the industry that post Brexit, the UK will lose the passporting rights that allow financial services companies licensed in one EU state to provide services... 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