US-based Transaction Network Services (TNS) has announced plans to acquire Australian payments provider ADVAM in a bid to boost its core payment capabilities. TNS expects …
AvidXchange, ClickPay team up to accelerate real estate payments
Payment automation solutions firm AvidXchange has partnered with electronic payment solutions provider ClickPay to accelerate payments in the real estate market. The partners aim to …
BK Global Consortium to buy stake in crypto exchange Bithumb for $353m
Singapore-based BK Global Consortium has agreed to purchase a stake in South Korean digital currency exchange Bithumb, which is operated by BTC Korea Holdings, for …
PayPal teams up with Walmart to offer cash services
PayPal has partnered with Walmart to offer various financial products and services for their shared customers in the US. Under the alliance, PayPal cash in …
EFI taps FreedomPay to offer customers latest in payment technology
EFI has partnered with FreedomPay to deliver first point to point encryption (P2PE) payment solution for self-serve devices. As per the agreement, FreedomPay will act …
H&M buys stake in payments provider Klarna
Fashion chain H&M has acquired a stake worth $20m in Swedish online payments firm Klarna. The deal is said to offer H&M a stake of less than …
Visa and Wirecard team up for tokenised payments in Romania
Wirecard has entered into a new strategic partnership agreement with Visa to develop tokenised mobile payments in Romania using a white-label digital wallet solution. The …
NACHA acquires Business Payments Directory Association
NACHA, which manages the ACH Network in the US, has acquired the Business Payments Directory Association (BPDA) to bolster its capabilities in the B2B payments …
Blockchain payment startup Veem secures funding boost from Goldman Sachs
Veem, a cross-border payments platform that uses blockchain technology, has secured an investment of $25m in a funding round led by Goldman Sachs. GV (previous …
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 …