Electronic Payments, the processor behind the Cygma authorisation and clearing platform, has acquired Handpoint, a provider of integrated and mobile payment solutions.

Privalgo B.V., a subsidiary of UK-based Privalgo Group, has obtained an Electronic Money Institution (EMI) licence from De Nederlandsche Bank (DNB), the central bank of the Netherlands.

Electronic Merchant Systems (EMS) has finalised the purchase of Paysley, which is an omnichannel payments provider.

UK-based Electronic Money Institution PayDo has secured an EMI licence from the MFSA, aimed at accelerating its European expansion strategy.

ZBD has secured an Electronic Money Institution licence in the Netherlands, aiming to expand its digital payment offerings across the European Economic Area.

Fintech platform Finmo has received authorisation from the UK Financial Conduct Authority (FCA) to operate as an Electronic Money Institution (EMI).

Three major banking trade groups have urged the US Treasury to eliminate paper checks in favour of electronic payments for government disbursements.