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Saudi Arabia’s SAMA to launch faster payments system
The Saudi Arabian Monetary Authority (SAMA), represented by Saudi Payments, has entered into agreement with Vocalink & IBM to develop...
Global value of e-commerce deals in 2018 hits $1.1 trillion
The value of e-commerce mergers and acquisitions value grew by $20 billion over 2017’s figures, buoyed by massive transactions like...
The future of KYC? What’s so cool about KY3P
A group of 12 regional and digital financial institutions have joined together as investors and members in KY3P, for managing...
Thales completes €4.8 billion takeover of Gemalto
French electronics group Thales has completed its previously announced €4.8 billion ($5.4 billion) takeover of Gemalto, boosting Thales’ presence in...
FIS pays $43 billion for Worldpay as mega deal consolidation continues
FIS has announced that it has offered $43 billion to buy Worldpay, in a deal that would create one of...
Mastercard ditches Earthport bid in favour of Transfast acquisition
Mastercard dropped out of the competitive bidding with rival Visa for Earthport and announced it has entered into an agreement...
Barclaycard and UnionPay payment acceptance partnership in UK
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has announces a new card acceptance partnership...
Ant Financial makes big step into Europe with $700 million WorldFirst deal
Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has...