FinTech Futures: Top five stories of the week – 5 August 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Global Payments
Global Payments snaps up EVO Payments for $4bn
Global Payments will acquire EVO in an all-cash transaction for $34 per share, or $4 billion in enterprise value.
Rêv acquires Global Payments’ card business Netspend in $1bn deal
The new combined entity intends to deliver “financial empowerment and product innovation”.
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Global Payments to acquire MineralTree in $500m deal
The acquisition will expand Global Payments’ B2B offering.
Wells Fargo extends 25-year processing partnership with TSYS
US bank resigns for TSYS payments technology.
Global Payments signs cloud deal with AWS
The multi-year deal moves Global Payments systems into the cloud.
CaixaBank and Global Payments create prepaid card under MoneyToPay brand
Global Payment’s Netspend president Kelley Knutson will head up the venture.
Global Payments and TSYS agree mega-merger
The third major payments industry deal so far this year.
National Bank brings NFC mobile terminals to Canada
Canadian Mobeewave provided security and encryption.
Payments innovation reigns in Spain with CaixaBank hub
CaixaBank, Global Payments, Visa, Samsung and BNP Paribas’ subsidiary Arval have joined forces to set up Spain’s “first” payment innovation hub. The objective behind the hub is to “present society with the best possible user experiences in purchases and commerce, both online and offline”. The centre, which will be located in Barcelona, will specialise in […]
Global Payments gets green light to acquire Heartland Payment Systems
US-based payment processor Global Payments is to acquire Heartland Payment Systems for $3.8 billion in cash and stock, as approved by the Heartland stockholders. About 29.7 million shares were voted in favour of the merger proposal. The vote represents approximately 99% of the total Heartland shares which voted on the merger proposal and 80% of […]
CaixaBank targets Brazilian payments market
Spain’s CaixaBank is planning to target Brazil’s payments industry via a new joint venture with US transaction processing firm Global Payments that builds on the bank’s experience of digital channels its home market.
Discover how to: ✅Reduce late payments, ✅Reduce fees ✅and time-spent on admin tasks. Too good to be true? Our cu… twitter.com/i/web/status/1…
M&T Bank hires Ishet Dhar as chief digital officer @MandT_Bank has appointed Ishet Dhar as its new chief digital o… twitter.com/i/web/status/1…
#Crypto ecosystem @NebeusWorld partners @ModulrFinance to bridge fiat and crypto 🤝 European crypto platform Nebeus… twitter.com/i/web/status/1…
#Paytech consultancy Focused Labs joins Stripe partner ecosystem Focused Labs has joined the @stripe partner ecosy… twitter.com/i/web/status/1…
. @TrustfolioLtd teams up with @Equifax for open banking-powered debt advisory solution ‘Debt-tech’ firm Trustfoli… twitter.com/i/web/status/1…
Banks, broccoli and the peril of going out of date 🏦🥦 M&S has removed expiry dates from its food – a welcome move,… twitter.com/i/web/status/1…
Fintech start-up @join_arc lands $20m in Series A #funding 🇺🇸 US fintech start-up Arc has raised $20 million in a… twitter.com/i/web/status/1…
. @NIBANK selects @Temenos to modernise digital banking services Antigua and Barbuda-based North International Ba… twitter.com/i/web/status/1…