Nexi, an Italian PayTech leader and SIA have signed a memorandum of understanding (MoU) regarding the integration of the two groups through the merger by incorporation of SIA into Nexi.... more
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BANCOMAT has launched its new digital payment service with the BANCOMAT Pay brand. Thanks to an agreement with SIA, BANCOMAT Pay will integrate the Jiffy service, allowing PagoBANCOMAT cardholders to... more
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SIA and First Data have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. In 2017, these businesses generated a combined revenue of approximately €100 million for First Data. This acquisition by SIA provides card processing, card production, call center and back-office [...]
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Unicredit Business Integrated Solutions (UBIS) and SIA have signed an agreement for the sale to the latter – for the sum of €500 million – of the processing activities of around 13.5 million payment cards and the management of 206,000 POS terminals and 12,000 ATMs in Italy, Germany and Austria. UBIS also signed with SIA [...]
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SIA announced a partnership with Raphaels Bank to develop and launch payment solutions in SEPA . As part of the agreement, Raphaels and SIA will offer SEPA payments services to clients through the bank’s “indirect participation” in the SEPA Credit Transfer and SEPA Direct Debit schemes. SIA says the alliance will allow both UK and European businesses [...]