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Visa acquires control of Earthport
Visa announced it has finally acquired control of Earthport, a company that provides cross-border payment services to banks, money transfer service providers and businesses via the world’s largest independent ACH... more
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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 to acquire Transfast, a competitor account-to-account money transfer network. Transfast... more
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Visa increase bid for Earthport to £247 million fending off Mastercard
Visa announced an increased bid for Earthport to £247 million as it fights with Mastercard to claim the companies assets. Last month, Mastercard offered around £233 million for the assets... more
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Why Mastercard if fighting to buy Earthport
Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... more
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Visa to buy Earthport for £198 million
Visa Inc is to pay £198 million pounds to buy Earthport Plc, a British firm that facilitates international transactions for banks and businesses. Visa International Service Association, a unit of... more
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