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Zilch extends partnership with AWS

News | Online Payments | 24 Apr 2024

UK-based payments technology company Zilch has extended its partnership with Amazon Web Services (AWS) to support the launch of AI capabilities across its proposition. 

partnership, artificial intelligence, machine learning, fraud detection, customer experience, payments

UniCredit switches to Mastercard Touch Card

News | Payments General | 22 Apr 2024

UniCredit has announced it is upgrading all its debit, credit and prepaid cards to Mastercard Touch Card™, which includes features for blind and partially sighted people. 

credit card, debit card, payments , online payments

TokenEx to merge with IXOPAY

News | Payments General | 17 Apr 2024

Cloud tokenisation provider TokenEx has announced its strategy to merge with IXOPAY to enable merchants to optimise the overall use of multiple payment processors. 

partnership, payments , online payments, mobile payments, digital payments, ecommerce

Alisa Bank and PURO Finance agree on a combination

News | Online & Mobile Banking | 15 Apr 2024

The board of directors of Finland-based Alisa Bank and the shareholders of PURO Finance have agreed on the combination of the companies through a share exchange.

digital banking, acquisition, SMEs, banks, fintech

Empower acquires Petal, enters Southeast Asia with Cashalo deal

News | Online & Mobile Banking | 11 Apr 2024

Empower Finance, a player in alternative credit underwriting has announced the definitive agreement to acquire Petal and the completion of its acquisition of Cashalo.

acquisition, partnership, financial inclusion, fintech

CAB Payments receives European payment service provider licence

News | Online Payments | 08 Apr 2024

CAB Payments Europe has announced that it secured a payment service provider licence with De Nederlandsche Bank and established headquarters in Amsterdam. 

cross-border payments, online payments, expansion, fintech, financial services

SC Ventures partners with NEXT176 for financial wellness platform

News | Online & Mobile Banking | 05 Apr 2024

SC Ventures, the fintech investment arm of Standard Chartered, has partnered with NEXT176, the venture building arm of Old Mutual, to launch an inclusive financial wellness platform.

financial inclusion, wealth management, digital banking, partnership

Partnership between Vodafone and Three UK raise concerns for CMA

News | Digital Identity, Security & Online Fraud | 25 Mar 2024

The partnership between Vodafone and Three has raised concerns for CMA, as it could lead to higher prices for customers and affect investment in UK mobile networks. 

compliance, partnership, mobile payments, online payments, digital payments, payments , fraud management, network tokenisation, investment

Railsr proposes merger offer to Equals Group

News | Online & Mobile Banking | 21 Mar 2024

Railsr, a firm under the parent company Embedded Finance, has announced its approach to UK-based Equals Group for a merger offer of the two enterprises. 

partnership, banking, embedded finance, embedded payments, mobile banking, online banking, digital banking, financial services, financial institutions

The Paypers Global Fintech Mergers and Acquisitions Analysis: Q4 2023

Voice of the Industry | Payments General | 20 Mar 2024

The Paypers took a close look at some of the most important M&As from Q4 2023, with a focus on trends in the banking, fintech, payments, fraud prevention and crypto sectors to identify key elements that drive companies to acquire others.

acquisition, merger, The Paypers Quarterly Analysis series, banking, payments , ecommerce, cryptocurrency, financial services

nCino signs an agreement to acquire DocFox

News | Online & Mobile Banking | 18 Mar 2024

US-based cloud banking firm nCino has signed a definitive agreement to acquire automated business onboarding tool for financial institutions DocFox.

acquisition, cloud services, financial services, digital onboarding

Vipps MobilePay launches new version of the app

News | Mobile Payments | 15 Mar 2024

Norway-based Vipps MobilePay has announced the launch of a new version of the MobilePay app to its Danish users, aiming to provide cross-border payments in the Nordics. 

mobile payments, digital payments, digital wallet, cross-border payments, Tap-to-Pay

Nationwide acquires Virgin Money for GBP 2.9 billion

News | Online & Mobile Banking | 12 Mar 2024

UK-based Nationwide Building Society has reached a preliminary agreement to acquire Virgin Money for GBP 2.9 billion.

acquisition, merger, financial services, banks

Monzo's new funding round rises valuation to USD 5 bln

News | Online & Mobile Banking | 05 Mar 2024

UK-based digital bank Monzo has raised USD 431.26 million at a USD 5.07 billion valuation to expand and introduce new products.

neobanks, banking, digital banking, expansion, funding

nuam exchange partners with Vermiculus Financial Technology

News | Online & Mobile Banking | 28 Feb 2024

nuam exchange has partnered with Vermiculus Financial Technology to implement a modern, flexible technological core for the CCP in Chile, Colombia, and Peru. 

partnership, financial services, fintech, clearing house, banking

1Password acquires Kolide

News | Digital Identity, Security & Online Fraud | 21 Feb 2024

Canada-based password manager provider 1Password has acquired device health and contextual access management company Kolide.

acquisition, merger, passkeys, cybersecurity

Capital One to acquire Discover Financial

News | Payments General | 20 Feb 2024

Capital One has announced its acquisition of US-based credit card issuer Discover Financial Services in an all-stock transaction valued at USD 35.3 billion. 

acquisition, payments , online payments, mobile payments, digital payments, ecommerce

EU updates rules for Big Tech antitrust assessment

News | Digital Identity, Security & Online Fraud | 09 Feb 2024

European Union antitrust regulators have decided to update a set of nearly 30-year-old rules known as the Market Definition Notice.

regulation, bigtech, fraud prevention, fintech

UBS to cut another USD 3 billion in costs following Credit Suisse deal

News | Online & Mobile Banking | 07 Feb 2024

Switzerland-based banking institution UBS has revealed its plans to cut another USD 3 billion in costs following its acquisition of Credit Suisse.

acquisition, financial services, financial institutions, merger

Celsius issues creditors USD 3 bln in crypto in exit from bankruptcy

News | Cryptocurrencies | 05 Feb 2024

Crypto lender Celsius has announced it will distribute USD 3 billion in crypto to its creditor as the company’s bankruptcy is officially closed.

cryptocurrency, lending, mining, Bitcoin, PayPal