Payments News

Showing Latest Payments News

Worldline agree to pay €7.8 billion for Ingenico in another mega merger

03 Feb 20 @ 11:03

Worldline has this morning announced it agreed a deal to buy local rival Ingenico in a €7.8 billion deal that will create a global player in the rapidly consolidating payments... read more

Governance of payments industry a key trend for 2020

04 Nov 19 @ 14:04

The dynamic payments industry continues to expand and evolve, with digital payment vehicles and transaction volumes growing across the globe. Over the past year, industry incumbents have been responding to... read more

Worldline becomes 4th leading company in the Software and Services industry

08 Oct 19 @ 13:41

Worldline has gained one place in the Sustainalytics ranking and became the 4th out of the 229 companies assessed in the Software and Services industry. For the second year in... read more

Paypal continues dominant growth but can it be sustained?

06 Sep 19 @ 11:31

Since being shown the door by eBay back in 2018, PayPal, once the most innovative digital payments companies in the world has continued to perform well and dominate the space... read more

Mastercard buys Nordic payments platform Nets for $3.19 Billion

06 Aug 19 @ 14:06

Mastercard has once again been the more aggressive as it muscled in front of Visa to buy the Nordic payments platform Nets for €2.85 billion ($3.19 billion), using its biggest-ever... read more

Why did Bank of America really terminate First Data JV?

06 Aug 19 @ 13:30

Bank of America recently announced it would end its electronic payment services joint venture with First Data next June, hours after Fiserv completed its acquisition of the payment processor. But... read more

Mastercard betting big on acquisitions as volume increases 18%

02 Aug 19 @ 09:44

Mastercard has reported strong growth in its core business in Q2 2019, at a time when the network continues its push for contactless cards and development of the new Secure... read more

Money 2020: Visa and Western Union partner on global payments

05 Jun 19 @ 13:37

Visa has announced a new strategic agreement with Western Union to implement Visa Direct, Visa’s real-time[1] push payments platform in an effort to bring speed and transparency to the process... read more

FIS pays $43 billion for Worldpay as mega deal consolidation continues

18 Mar 19 @ 12:22

FIS has announced that it has offered $43 billion to buy Worldpay, in a deal that would create one of the largest providers of payments infrastructure that powers banks and... read more

FT Report: The House of Wirecard starting to fall in

07 Feb 19 @ 15:27

In a further update to the ongoing FT (and other party) investigations into Wirecard, it now seems that there is going to be serious fall out from the allegations made... read more

Wirecard fraud probe continues as group announces investigation

04 Feb 19 @ 15:37

Wirecard has informed investors that an external law firm has been investigating alleged accounting manipulations by “a member of Wirecard’s finance team” in its Singapore operations since May 2018, with the... read more

FT report on Wirecard fraud catches eye of BaFin…for market manipulation

31 Jan 19 @ 20:54

The Financial Times report that alleged wrongdoings at Wirecard is no reason to launch a criminal probe, according German financial regulator BaFin. The FT reported on Wednesday that a senior... read more

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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

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more