Canadian FinTech firm Nuvei is expanding its Latin American presence with the launch of direct local acquiring capabilities in Colombia. This makes Nuvei the first global payments provider to offer this service in the country, the company said in a Tuesday (Feb. 20) news release. Direct local acquiring...
Global financial services firm J.P. Morgan is expanding its merchant services capabilities in Asia-Pacific (APAC) and will be offering them in seven markets in the region by the end of the year. Already offering its acquiring solution in Australia, India and Japan, the firm recently...
Chinese cross-border payments platform PingPong Payments is partnering with European bank BNP Paribas on acquiring services in support of Europe’s direct-to-consumer (D2C) market, according to a Thursday (May 26) press release. Global eCommerce is expected to reach $5.5 trillion in 2022 and worldwide D2C sales...
RS2, a Frankfurt, Germany-based provider of payments technologies, is launching its own acquiring business, the company announced in a Thursday (April 7) news release. Adding the capacity to process payments for merchants will let RS2 expand its presence among small and medium-sized businesses (SMBs), per...
Two private equity firms are close to a deal to buy Athenahealth, a provider of cloud-based software that helps healthcare providers with patient communications, billing and patient records, The Wall Street Journal (WSJ) reported. Bain Capital and Hellman & Friedman are proposing a deal worth...
Bottomline Technologies has closed a $15 million cash deal to acquire Bora Payment Systems, the company announced in a press release Tuesday (Nov. 9). The deal is part of a move to use straight-through processing (STP) for improved efficiency when accepting virtual cards to vendors...
PYMNTS announced today that it has acquired Competition Policy International (CPI), a market-leading media company for antitrust. The acquisition adds the most complete news and analysis of antitrust law and competition policy worldwide to PYMNTS’ current robust content offerings related to innovation in payments and...
One decade. And 616 acquisitions and hundreds of billions of dollars spent. Big Tech has been busy, to say the least, buying up smaller rivals. But the question has been whether the buying spree has stymied competition — or perhaps, to the contrary, nurtured it....
Robinhood announced Tuesday (August 10) that it has signed an agreement to acquire investment communication platform Say Technologies for about $140 million as an all-cash deal, subject to customary purchase price adjustments. “Like Robinhood, Say was built on the belief that everyone should have the...
