Lloyds banking Group has agreed to pay £1.9 billion for Bank of America's credit card firm, MBNA, in the first acquisition by a UK bank since the 2008 financial crisis.
Three years on from being acquired by PayPal, Braintree, a company which allows merchants to process a range of different payments, has revealed the number of its payment transactions has increased by 25 times.
There’s more signs of consolidation in the crowded European payments space with news that Stockholm-based iZettle is buying a company called intelligentpos.
MasterCard has bought Vocalink for £700m ($920m) in a deal that has been rumoured for months.
Oh, what we wouldn't do to know the future! Like Biff and the Almanac in Back to the Future, all we need is a guide. Luckily the team over at Pivotl is on hand to give us one for the future of fintech.
In a sign of the increasing importance of optimising the value of online and offline customer interactions and understanding multichannel customer analytics, UK venture builder Blenheim Chalcot is snapping up customer journey analytics firm iJento.
Amazon is renewing intensity on its Indian business with the acquisition of Emvantage Payments. The size of the sum isn’t being released, but Amazon boss and founder Jeff Bezos already put a number on how much he values the region’s potential when he earmarked $2bn for investment in the country back in 2014.
Payments is a massively, confusingly and unsustainably fragmented industry right now. So it’s no surprise that 47 per cent of global fintech M&A deals tracked by Pivotl last year were payments companies getting snapped up.
BBVA, Spain's second-largest bank, has invested £45m in Atom Bank, UK's first digital-only financial institution, to become the Durham-based lender's biggest shareholder.
US ATM manufacturer Diebold is in talks to acquire its European peer, Wincorf Nixdorf, for $1.8 billion in a move that will see the creation of a company that will be the world's largest maker of cash machines, overtaking NCR.