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Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments. Revolut’s chief executive Nik Storonsky announced that merchant acquiring unit will allow businesses in 13 European countries to accept card payments online directly into their account. The product makes Revolut...

Banking

The Netherlands Authority for Consumers and Markets probes NFC payments

The Netherlands Authority for Consumers and Markets probes NFC payments

The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to...

Insurance

Asset Management

 Schwab completes asset acquisition of USAA's investment management company

Yes Bank Sells Asset Management, Mutual Fund Businesses To White Oak...

Troubled private lender Yes Bank finalised an agreement for the sale of 100 per cent equity shareholding of Yes Asset Management and Yes Trustee...

Cards & Payments

Contactless payments

UnionPay International and PayTabs Partner to Power E-commerce in the UAE

UnionPay International (UPI) and PayTabs, MENA's award-winning payment solutions powerhouse, announced a strategic partnership that allows PayTabs merchants to offer UnionPay Cards as an...

Mergers & Acquisitions

Company Statements

Google, Walmart’s PhonePe Hit by India’s Move to Limit Some Digital Payments Players

Global tech giant, Google, on Friday criticised India’s move to cap the share of transactions of some companies within the country’s digital payments space,...
Western Union Expand Money Transfer from Canada to the World

Western Union Expands Real-Time Digital Payments To 100 Countries

Western Union just took another big step toward ramping up its growing digital payments arsenal. The legacy global remittance giant said that it has...
PCI Pal Launches New Digital Entry in Mobile Payments Space

Indian Digital Payments Platform Cashfree Lands $35M From Apis Partners

London-based private equity investor Apis Partners is pumping $35 million into Cashfree in exchange for a minority equity position in the company. Apis, which made...

UBS launches a virtual credit card and an environmentally friendly credit card made of...

Shopping habits have changed dramatically – many more people now order products online and have their orders delivered to their doorstep. UBS is therefore...

Technology

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Finance

ApexDAO, an ethereum-based dApp for decentralized asset management

Revolut announces merchant acquiring solution for businesses

Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments. Revolut’s chief executive Nik...