Contracts, Daily news, Nexi, Payments News, paytech, SIA -

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

The post Italian heavyweights Nexi and SIA agree €15 billion merger appeared first on Payments Cards & Mobile.

Read more

BANCOMAT, BANCOMAT Pay, Daily news, E-Money, FinTech, Issuing & Acquiring, Jiffy, Mobile payments, Mobile Remittance, Mobile Wallet, P2P, PagoBANCOMAT, SIA -

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

The post New digital payment service BANCOMAT Pay launched in Italy appeared first on Payments Cards & Mobile.

Read more

card processing, card processing businesses, Contracts, Daily News, First Data, Issuing & Acquiring, Processing & Systems, SIA, SIA + First Data -

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 [...]

The post SIA makes €375 million acquisition of First Data’s European card processing unit appeared first on Payments Cards & Mobile.

Read more

Daily News, E-Money, emoney, emoney processing, Issuing & Acquiring, mPOS, POS Terminals, Processing & Systems, SIA -

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 [...]

The post SIA acquires Unicredit’s emoney processing activities for Italy, Germany and Austria appeared first on Payments Cards & Mobile.

Read more

Contactless, Daily News, HCE, Host Card Emulation, Issuing & Acquiring, Mobile Payments, Mobile Wallet, SEPA Credit Transfer, SEPA Direct Debit, SIA -

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 [...]

The post SIA partners with Raphaels Bank appeared first on Payments Cards & Mobile.

Read more