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The Nordic countries constitute the most advanced and digitally ready payment market in Europe, and one of the most advanced in the world[1]. Increasingly around the world, banks are starting... more

The post Why do the Nordic Banks outsource card processing? appeared first on Payments Cards & Mobile.

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card processing, card processing businesses, Contracts, Daily News, First Data, Issuing & Acquiring, Processing & Systems, SIA, SIA + First Data -

SIA and First Data have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. In 2017, these businesses generated a combined revenue of approximately €100 million for First Data. This acquisition by SIA provides card processing, card production, call center and back-office [...]

The post SIA makes €375 million acquisition of First Data’s European card processing unit appeared first on Payments Cards & Mobile.

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