Cards & Payments

Fintech company PayU has agreed to acquire Turkish digital payment services provider iyzico for $165m (£129.7m). iyzico enables secure payments to more than 300 marketplaces. Its network includes more than 400,000 personal sellers of varying sizes and about 30,000 online...

Spanish bank BBVA has developed a new platform to enable secure mobile payments in all countries it operates. Using token technology, the bank has developed a platform that connects to Visa and Mastercard directly from each country’s application. The platform...

Global Payments has agreed to acquire rival US payment technology company Total System Services (TSYS) in an all-stock deal worth around $21.5bn (£16.98bn). The merger between Global Payments and TSYS is expected to create a major pure play payment technology...

NXGEN International, a merchant service provider (MSP), has acquired Kentucky-based payments company Payment Plus (PPI) for an undisclosed price. Founded in 1999, PPI is an electronic payment processing provider, headquartered in Paducah. It provides electronic payment processing services and equipment...

SAFE Credit Union, a California-based financial institution, has deployed Promotion Suite Premium tool from NCR, a technology services provider for the financial industry, to create a better targeted digital member experience. NCR’s Promotion Suite Premium tool makes use of real-time...

Visa has partnered with Bahrain FinTech Bay to further support the development of the FinTech ecosystem in Bahrain. Bahrain FinTech Bay was established a year ago and has around 100 partners including financial institutions, technology companies, FinTechs, public institutions, educational...

Last February, Facebook turned 15. Anyone who signed up on the site more than a decade ago might have noticed how the social media site has changed from a place to simply post pictures and find friends online to...