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Multinational industry alliance launch PayID – universal ID for payments
A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... more
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Planet to acquire 3C Payment
Planet has agreed to acquire 3C Payment. 3C Payment’s gateway, integration and terminal capabilities, when combined with Planet’s value added payment services, will create a unique platform in the payments... more
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Western Union seeks deal to acquire MoneyGram
Western Union is reported to have made an offer to acquire MoneyGram in a transaction that would bring together the two largest money-transfer service providers in the US. Western Union... more
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European Commission says it will review Mastercard’s Nets purchase
The European Commission has accepted requests submitted by Austria, Denmark, Finland, Norway, Sweden and the UK to assess under the EU Merger Regulation the proposed acquisition of Nets A/S account-to-account... more
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Intuit agrees $7.1 billion price tag to acquire Credit Karma
Intuit, which already owns TurboTax and QuickBooks, has agreed to buy credit report provider Credit Karma for $7.1 billion as consolidation sweeps the financial technology industry. The deal highlights the... more
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