PYMNTS-MonitorEdge-May-2024

merchant payments

Barclays Reportedly Struggling to Sell Merchant Payments Stake
Barclays Reportedly Struggling to Sell Merchant Payments Stake
September 15, 2024  |  Banking

Barclays is reportedly having trouble unloading a stake in its U.K. merchant payments unit. That’s according to a report Friday (Sept. 13) by Reuters, which...

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Worldline Rumored to Acquire Credem’s Merchant Payment Services
Worldline Rumored to Acquire Credem’s Merchant Payment Services
June 04, 2024  |  Acquisitions

Italian bank Credem has reportedly chosen Worldline as the preferred bidder for its merchants’ payments business. That’s according to a report Tuesday (June 4) by...

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FinTech KindCard Set to Purchase Banking Platform OpenTransact
FinTech KindCard Set to Purchase Banking Platform OpenTransact
January 02, 2024  |  Acquisitions

Payments FinTech KindCard says it plans to purchase banking platform OpenTransact. The company has signed a letter of intent connected to its potential acquisition of...

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Lloyds Offers New Merchant Tools Via Expanded FreedomPay Partnership
Lloyds Offers New Merchant Tools Via Expanded FreedomPay Partnership
October 11, 2023  |  Partnerships

Lloyds Bank said it has expanded its partnership with consumer-centric commerce platform FreedomPay. The British banking giant announced Wednesday (Oct. 11) that merchants using its Bank Cardnet...

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Banc of California Gets Into Merchant Acquiring With Global Payroll Gateway Buy
Banc of California Gets Into Merchant Acquiring With Global Payroll Gateway Buy
September 15, 2022  |  Acquisitions

Banc of California has bought the payments platform and tech of Global Payroll Gateway and its subsidiary Deepstack, giving it a one-stop shop solution for...

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J.P. Morgan: How Payments Drive Customer Loyalty Amid A Digitization Push
J.P. Morgan: How Payments Drive Customer Loyalty Amid A Digitization Push
May 14, 2020  |  Digital Payments

Amid a sudden and dramatic shift in consumer shopping behavior, merchants across all industries have been forced to react quickly. The pandemic required digitization for...

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Retail’s 2020 Digital-First Payments Roadmap
Retail’s 2020 Digital-First Payments Roadmap
January 09, 2020  |  Payments Innovation

Consumers have always influenced how payment methods evolve – stretching back centuries to the barter system, and extending, now, into the digital age. And as...

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Brazil Regulator Dismisses Itau Unibanco’s Appeal In Antitrust Case
Brazil Regulator Dismisses Itau Unibanco’s Appeal In Antitrust Case
November 28, 2019  |  Legal

Itau Unibanco Holding, Brazil’s largest lender, lost its appeal related to an antitrust case. Earlier this year, Itau announced it would prepay small- and mid-sized...

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Decoupled Debit — Again?
Decoupled Debit — Again?
December 10, 2018  |  Payment Methods

The year is 2007. Headlines are filled with news of a “revolutionary” product that will change the fortunes of merchants and unlock countless benefits for...

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