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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

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

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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