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Nxt-ID to spin-off payments business

Security technology company Nxt-ID has announced plans to spin off its payments unit into a separately listed entity. The new entity, which will apply for …

PayPal closes $2.2bn iZettle acquisition

American digital payments company PayPal has completed the acquisition of Swedish payments company iZettle for around $2.2bn. The iZettle acquisition, first announced in May this …

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