Financials

Digital payments major Visa has acquired Germany-based payment gateway software provider Payworks for an undisclosed sum. Based in Munich, Payworks is a provider of next-generation payment gateway software for the point of sale (POS). The acquisition will allow Visa to offer...

Payment technology firm Mastercard has completed the acquisition of global payments company Transfast for an undisclosed sum. In March this year, Mastercard first signed the agreement to acquire Transfast. Mastercard said that the Transfast’s acquisition would complement its wide range of...

American Financial Group (AFG) has signed an agreement with Atlas Financial Holdings (AFH), under which AFG’s subsidiary National Interstate will become the exclusive underwriter of AFH’s paratransit book of business. American Financial Group expects National Interstate to start issuing policies...

Nicolet Bankshares, Inc.("Nicolet") and Choice Bancorp, Inc. ("Choice") jointly announce the execution of a definitive merger agreement, pursuant to which Nicolet will acquire Choice and its wholly-owned banking subsidiary, Choice Bank ("Choice Bank"). The move will expand Nicolet's presence...

CardChamp will work out of its downtown Pittsburgh headquarters. CardChamp president and founder, Jimi Romanus, will continue to oversee CardChamp business and operations. The acquisition provides CardChamp with access to Pineapple Payments’ proprietary payments technology and suite of omni-channel payment...

World Council of Credit Unions (WOCCU) invited a dozen executives from Peru’s Cooperativa de Ahorro y Credito Santo Cristo de Bagazan and El Salvador’s Federation of Savings and Loan Cooperative Associations (FEDECACES) to take part in the three-day Pasantia...

Brex, the credit card built for scaling business announced it closed a $100m (£78.5m) investment round led by Kleiner Perkins Digital Growth Fund, with participation from all existing major investors including Y Combinator Continuity, Ribbit Capital, DST Global, Greenoaks...