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Thales has had its offer to buy struggling Gemalto in a deal worth close to €4.8bn. The agreement comes just days after Gemalto had rejected a €4.3bn takeover proposal by Atos, which the company called “opportunistic”. “I am convinced that the combination with Thales is the best and the most promising option for Gemalto and the [...]

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Atos is ruthlessly pursuing its unsolicited bid to buy Gemalto even after the security-software maker’s board unanimously rejected the €4.3-billion ($5.1 billion) offer. Atos’s offer “significantly” undervalues the company, Gemalto said in a statement late Wednesday in which it also cited doubts about strategic rationale, uncertainty about integration and insufficient guarantees that a deal would go through to the end. Atos in [...]

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As HSBC escaped the threat of criminal prosecution for having allegedly laundered at least $880m for Mexican drug barons, it does not feel coincidental that the bitcoin frenzy lifted the cryptocurrency to new highs this week. The fiercer the regulatory squeeze on banks, the greater the demand for other means of storing and moving money. [...]

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American Express announced it is eliminating the requirement for merchants to collect Card Members’ signatures for all purchase transactions at the point of sale beginning in April 2018. The move, which applies globally to all American Express-accepting merchants, will help provide a more consistent and simplified checkout experience for merchants and Card Members in regions [...]

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Fundamental shifts in consumer behavior, the emergence of new technologies and an evolving regulatory landscape means the payment trends in the payments ecosystem are poised for unprecedented transformation in 2018. The demand for safer data, faster payments and better experiences presents great opportunity, but also significant challenges – writes André Stoorvogel, Director, Product Marketing in the [...]

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