Commerzbank taps Nexi to develop card processing solution
Nexi says the DACH region is an “important potential growth area” for the firm.
Nets
Nets grows POS presence in Poland with Simapka acquisition
Owned by Team4U, Simapka is an app for owners of shops and service points in Poland.
Nets sells invoicing and bill payment business EDIGard to PE firm AnaCap
EDIGard is headquartered in Norway and operates across Sweden, Denmark, Finland, UK and Germany.
Nets buys German POS specialist orderbird
Nets is part of European paytech conglomerate Nexi Group, which will own 100% of orderbird.
Degussa Bank plans new credit card launch with Nets
It is the first partnership of its kind for the Nets in Germany.
Nexi’s acquisition of Nets creates Europe’s largest payments firm by volume
Nexi is “uniquely positioned to catch further M&A opportunities”, says CFO.
Nets completes acquisition of major Polish card payment processor
“Poland is one of the most attractive regions in Europe” for digital payments.
European Commission approves Mastercard’s €2.85bn Nets deal
Third party firm to receive an exclusive licence for Nets tech to lower anticompetition fears.
Singtel’s NCS and NETS to develop electronic payments platform for central banks
The firms will also create a “next-generation” suite of central banking products.
Ikano Bank builds on Nets partnership to power new lending platform
Ikano plans to launch products on the new service later this year.
Nets pilots facial recognition for payments with Danish office workers
Office workers will pay for their lunch using their face.
Nets makes changes to the executive committee
This includes a new CEO of Issuer and eSecurity Services and group CHRO.
Nets and Przelewy24 create a strategic alliance
Its now one of the largest online payment service providers in Poland.
Mastercard acquires Nets’ real-time payment business
Nets’ Corporate Services business offers a gateway into several European markets
Visa eyes up Nets
Sources say Visa may acquire parts of the Nordic fintech.
Norway’s SpareBank 1 picks Nets for Open Banking
The 14 savings banks in the group are preparing for PSD2.
Nets to support Sbanken’s open banking across Nordics and Europe
“Banking as we know it will change radically.”
Nets pushes into Poland with Przelewy24 and DotPay/eCard acquisition
Nordic firm has acquired 51% stake in the consolidated payments group.
Bankart to go live with Nets instant payments in Slovenia
It’s late but they now have got final approval from the Slovenian Central Bank.
Paytech firms Nets and Concardis finalise merger
Both payments companies to retain their brands.
Mash and Nets partner for pay later solution across Nordics
Will be first available in Finland and Sweden.
Hungary’s instant payments system to go live in 2019
GIRO and Nets say system will go live on 1 July 2019.
Nets dives into Poland with Dotpay/eCard acquisition
Both brands will remain separate and maintain leadership.
Top fintech stories this week – 8 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
India and Singapore sign fintech MoU amidst ongoing joint projects
India and Singapore are making each other eyes when it comes to fintech partnerships.
Paytech heavyweights Nets and Concardis to merge
Paytech firms Nets and Concardis will merge but retain their own brands.
Nets, Fingopay and Copenhagen Business School pilot finger vein payments
Pay with the touch of a finger.
Payments round-up: 30 November 2017
We did say there will be no quiet days. Coming straight after yesterday’s (29 November) action, we bring another payments round-up. Features Interac, nanopay, Remitr, ADGM, Nordea, Nets, Facebook and Amazon.
Top fintech stories this week – 29 September 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
American private equity firm makes $5.3bn offer for Nets
In response to media speculation, Nordic payments processor Nets has confirmed that it has received a DKK 33.1 billion ($5.3 billion) takeover offer. Evergood 5, a newly formed firm controlled by funds managed and advised by American private equity firm Hellman & Friedman, has made a recommended voluntary takeover offer to acquire Nets – offering […]
Bankart and Nets to deliver new payments infrastructure to Slovenian banking sector
Bankart and Nordic payments processor Nets will provide the Slovenian banking sector with a new payments central infrastructure to handle both SEPA Credit Transfers (SCT) non-urgent and SCT instant credit transfers. The duo has signed an agreement where Nets will deploy and operate an instant payments solution for Bankart via Nets’ RealTime24/7 solution. The latter […]
Nets and Sthaler team up for finger-vein enabled payments
London-based biometric tech vendor Sthaler is working with Nordic payments provider Nets to introduce finger-vein enabled payments to the consumer market in Europe.
Danes gain easier mobile way to pay for groceries
Dankort, the national debit card of Denmark, has made shopping easier for consumers using iPhones.
Nets warns of massive credit card hack in Denmark
Danish payment processor Nets has warned local banks of a possible data breach and advised them to block up to 100,000 credit cards.
Payments round-up: 10 October 2016
Wasting your time is a crime. Here’s a round-up of key events in the payments space. Absa has teamed up with South African start-up Walletdoc to let its Absa Rewards customers earn cash rewards each time they use Walletdoc to pay their monthly accounts. Walletdoc works by sending reminders when payments are due, notifying users […]
Nordic payments firm Nets to IPO
Nordic payments firm Nets has successfully IPO-ed on Nasdaq Copenhagen Exchange the tune of DKK 30 billion ($4.5 billion).
Infographics: real-time payments – the odyssey
Banking Technology, ACI Worldwide and Nets have joined forces to survey the global market about the highs and lows of its current journey towards real-time payments. From individual institutions’ readiness to key market drivers, obstacles and fraud concerns, and everything in between – survey participants from across the globe share their views.
Nets’ mobile wallet gets nod from Danish banking collective
Nordic digital payments firm Nets has been selected by a Danish banking collective to launch a new NFC mobile wallet solution. The collective, known as the Bokis partnership, includes 62 banks that form the small to mid-sized banks segment of Lokale Pengeinstitutter (the Association of Local Banks, Savings Banks and Co-operative Banks in Denmark), together […]
Top fintech stories this week – 10 June 2016
Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Goldman Sachs to underpin new digital bank with Infosys tech It’ll be the e-Finacle digital banking platform, Banking Technology understands. Infographics: The Euro 2016 guide to e-commerce In the spirit of that football tournament that starts today, we’ve got an e-commerce […]
New instant payments platform for PSPs comes to Italy
Nets and Istituto Centrale delle Banche Popolari Italiane (ICBPI) have joined forces to launch an instant payments solution in Italy. The new offering is set to go live in Q1 next year. It will be based on Nets’ RealTime24/7 platform and will serve the Italian payment service providers (PSPs). “We will provide to the Italian […]
