Today, Fiserv announced the acquisition of CardLinx founding member First Data in an all stock deal worth $22 billion. The proposed deal is one of the largest acquisitions in the financial [...]
US-based Visa and Mastercard face additional headwinds in entering the Chinese market. According to FT, China's central bank known as the People’s Bank of China declined to acknowledge Visa and [...]
Automakers are expanding their business models to encompass electronic payments and internet-connected vehicles. Both Volkswagen and Daimler AG recently announced acquisitions of payments companies.