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Wells Fargo sued by USAA for RDC patent infringement
USAA is suing Wells Fargo Bank, accusing it of infringing on its Remote Deposit Capture (RDC) patented technology that allows...
TransferWise teams with French bank Groupe BPCE
TransferWise has teamed up with Groupe BPCE, in a deal that will give the money-transfer startup access to the banking...
Payments industry consolidation gathers pace as Nets and Concardis merge
A multi-billion-euro merger has been formalised between two of Europe’s largest payments groups – the latest in a series of major...
PayPal partners Google for deeper payments integration
Google has deepened its relationship with PayPal, making it easier to make mobile payments on premium apps and services (like...
SIA makes €375 million acquisition of First Data’s European card processing unit
SIA and First Data have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of...
US banking market on the road to consolidation of its 5,600 banks
The US banking industry has largely sat out the M&A wave of recent years. While deal records have fallen in...
PayPal acquires iZettle for $2.2 billion
PayPal is reported to be acquiring mPOS specialist iZettle for $2.2bn. PayPal is paying double the amount that iZettle, which is focused...
Worldline to buy SIX Payment Services for $2.75 billion – further market consolidation expected
Worldline will buy the payments unit of SIX Group in a $2.75 billion deal, in the latest example of consolidation...