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The role of cyber security due diligence as an M&A priority

02 Sep 16 @ 12:30

The role of cyber security due diligence in M&A is a priority. Last year alone, M&A activity reached fever pitch, with the global market valued at over $4 trillion –... read more

UK watchdog confirms investigation in Diebold Wincor Nixdorf ATM merger

30 Aug 16 @ 12:36

Just weeks after the $1.8bn takeover by Diebold of Germany’s Wincor Nixdorf was approved by shareholders and has already been cleared by competition authorities in a number of other countries, the UK’s Competition... read more

PayPal and Visa enter into partnership

22 Jul 16 @ 11:40

Unlikely partners, PayPal  and Visa, announced a US strategic partnership that will result in an improved and more seamless payment experience for Visa cardholders and will offer greater choice in... read more

MasterCard acquisition of VocaLink concludes

21 Jul 16 @ 13:45

MasterCard announced that it has entered into a definitive agreement to acquire 92.4% of VocaLink for about £700 million (approximately $920 million), after adjusting for cash and certain other estimated liabilities.... read more

Seamless acquires MeaWallet for contactless payments technology

13 Jul 16 @ 09:54

Seamless Distribution AB (Seamless) has acquired the Norwegian contactless payments technology company MeaWallet AS (MeaWallet). The purchase price amounts to approximately SEK 42.8  (£3.78) million and payment is made through... read more

Visa and MasterCard’s $7.25 billion settlement rejected

01 Jul 16 @ 16:37

A federal appeals court on Thursday threw out a $7.25 billion antitrust settlement among Visa,MasterCard  and millions of retailers over credit card fees. The 2nd US Circuit Court of Appeals... read more

Wirecard enters North America with Citi Prepaid Card acquisition

30 Jun 16 @ 08:53

Wirecard has reached a definitive agreement to acquire Citi Prepaid Card Services. Citi Prepaid card services have launched over 2,500 client programs, associated with top companies and brands across the... read more

Visa Inc. completes acquisition of Visa Europe

21 Jun 16 @ 09:25

Visa Inc. announced the completion of its acquisition of Visa Europe Ltd. The combined, global company provides digital payment products, services and processing to about 17,100 financial institution clients and... read more

BBA members vote in favour of trade association merger

13 Jun 16 @ 12:28

Members of the BBA have voted for the organisation to consolidate with three other bodies to form a new trade association for the finance sector. The BBA will now join... read more

Walmart Canada stops accepting Visa

13 Jun 16 @ 10:19

Walmart Canada says it will no longer accept Visa cards after it failed to agree a deal with the card company. Fees applied to Visa card purchases “remain unacceptably high,”... read more

VocaLink signs UK’s largest ATM processing deal

03 May 16 @ 12:40

VocaLink has signed a five year deal to provide exclusive processing for the LINK ATM network.  The deal is the UK’s largest ever ATM processing deal and is expected to deliver over 16... read more

Intesa SanPaolo in final talks to sell payments unit Setefi €1bn

28 Apr 16 @ 15:23

Intesa SanPaolo, Italy’s biggest retail bank is reported to be in final talks to sell its payments unit Setefi to banking services firm Istituto Centrale delle Banche Popolari (ICBPI) in a... 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