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Worldline has announced the successful completion of the transaction that was presented on November 3rd, 2015 with Equens Group. Under the terms of the agreement, it is reminded that the completed transaction is made of two components: Regarding Financial Processing activities, the Financial Processing businesses of Worldline[1] have been merged with Equens. This merger resulted [...]

The post Worldline completes Equens and Paysquare transaction appeared first on Payments Cards & Mobile.

Recently merged Equens is expanding its product portfolio to include an end-to-end pan-European instant payment service. The instant payment solution will not only deliver an interbank automated clearing and settlement solution, it will also be equipped to take on payment processing within a bank. This way Equens can reduce the efforts required by banks to [...]

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Having announced that Worldline reached an agreement with Equens on a transaction that will see Worldline receive 63.6% of newly created Equens shares in exchange of the merger, PCM takes a look at the structure of the deal and the new group. Equens Worldline Company will become the largest pan-European financial processor, targeting 2016 revenue of [...]

The post A look at the new Worldline group structure appeared first on Payments Cards & Mobile.

Worldline and Equens have jointly announced that they have signed a Memorandum of Understanding (MoU) on a strategic new entity. The strategic aim of the new entity is to be one of the leading and most innovative payment service providers for financial institutions and corporates in Europe. Under the terms of the agreement this new [...]

The post Worldline and Equens join forces to become European leader appeared first on Payments Cards & Mobile.