SEB to sell Euroline card acquiring business to Nordic Capital

Source – SEB – 28 May 2014 – As the leading Nordic corporate bank SEB offers corporate customers a broad range of products and services, where efficient payment solutions form an important part. SEB is the leading provider of corporate cards in the Nordic countries,

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MasterCard acquires Switch company ElectraCard

MasterCard has announced that it has entered into an agreement with Opus Software Solutions Pvt. Ltd.,  (“Opus”) to acquire its subsidiary, ElectraCard Services Private Limited, (“ECS”), a leading global provider of software solutions and processing services for electronic payment and card systems. MasterCard previously had

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Visa Argentina and Banelco alliance further strengthens Payments

In late 2013 announcements were made that Banelco, the large Argentinian Payments Processor, and Visa Argentina had agreed after several months to create an alliance to create new business in the financial marketplace. The changes are about to become reality with the two organisations working

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Apple said to be ‘serious’ about Payments

Apple continues to hit the rumour mill. The latest article on CNET made me comment with the following: “The question to me is not whether Apple will expand their payments capability, as that seems inevitable, but more the question is whether Apple will dare to

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Payments projects set to skyrocket exponentially in 2014

The real future of payments: Will the acquisition of Alaric and Digital Insight by NCR Corporation change the global payments landscape forever?   An extract from the PayX Payments Market Analyst Service bulletins that go to our subscriber customers: “An exciting 2013, but an extraordinary

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Payments Transformation at Every Level – PayX Industry News – Issue 37

Our regular round up of the latest news in the Payments Industry. If you would like to receive our newsletter straight to your inbox, you can subscribe here     Top Stories Alaric and Digital Insight acquisitions by NCR signal Transformational Change Bitcoin called to

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PayX News Bulletin – Alaric acquired by NCR in strategic trade sale for $84m

On 2nd December 2013, NCR Corporation announced that it has completed the acquisition of Alaric Systems Limited for a purchase price of approximately $84 million, and has also entered into a definitive agreement with Digital Insight Corporation, a leader in online and mobile banking solutions,

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Payments pace of change increasing exponentially – PayX Industry News Issue 36

Our regular round up of the latest news in the Payments Industry. If you would like to receive our newsletter straight to your inbox, you can subscribe here     Top Stories Rotten core: Bank IT costs set for material increase Eighty-three Percent of Financial

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Infographic: World Payments Report 2013

Infographic supplied by Capgemini

The Evolution of Electronic Payments

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