Managing cross-border payments represents a key challenge for businesses that operate and have customers in multiple countries. Regulatory and tax issues are more complex, and transactions fees are higher than with domestic payments. Payment orchestration platforms (POPs) can solve these problems and address the ever-growing...
The U.K.’s competition watchdog says it will allow the ticket resale websites Viagogo and StubHub to proceed with a $4 billion (£2.9 billion) merger. According to The Guardian, the Competition and Markets Authority (CMA) approved a plan that will see StubHub’s international operations sold to...
In today’s top payments news around the world, Germany is looking to strengthen the leadership of its Federal Financial Supervisory Authority (BaFin), while a U.K. antitrust watchdog is ordering Viagogo to sell StubHub’s international business. Plus, special purpose acquisition companies (SPACs) are eying the Asian...
Citing competition concerns, the U.K.’s antitrust watchdog is ordering Viagogo to sell StubHub’s international business. After taking a closer look into the $4 billion merger between the two companies, the Competition and Markets Authority (CMA) said in a Tuesday (Feb. 2) press release that it has ruled Viagogo must sell...
October 26, 2021
Managing cross-border payments represents a key challenge for businesses that operate and have customers in multiple countries. Regulatory and tax issues are more complex, and transactions fees are higher than with domestic payments. Payment orchestration platforms (POPs) can solve these problems and address the ever-growing number of payment methods that merchants must handle. The October […]
September 08, 2021
The U.K.’s competition watchdog says it will allow the ticket resale websites Viagogo and StubHub to proceed with a $4 billion (£2.9 billion) merger. According to The Guardian, the Competition and Markets Authority (CMA) approved a plan that will see StubHub’s international operations sold to an American investment group called Digital Fuel Capital for an […]
February 02, 2021
Citing competition concerns, the U.K.’s antitrust watchdog is ordering Viagogo to sell StubHub’s international business. After taking a closer look into the $4 billion merger between the two companies, the Competition and...
June 25, 2020
Britain’s Competition and Markets Authority (CMA) is taking a closer look into how the possible $4 billion merger of StubHub and Viagogo will affect competition, the Financial Times (FT) reported....
January 29, 2020
Ticket reselling company StubHub is being investigated by the U.K.’s Competition and Markets Authority (CMA), which said the site was misleading consumers, according to a report by the Financial Times....
