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Tuesday, July 7, 2020
ECS Fin-Transaction Processing & Automation

Standard Bank Group: Collaborates with Salesforce

Standard Bank Group: Collaborates with Salesforce Standard Bank unveiled an extended agreement with global customer engagement expert Salesforce to deliver positive digital experiences Extended...

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Payfazz: Raises $53M In New Round

Payfazz: Raises $53M In New Round Indonesian payment processor Payfazz has secured $53M in Series B funding In one, Indonesia-based travel and lifestyle platform...

ClearVue Technologies: Signs distribution agreement with Insulsteel

ClearVue Technologies: Signs distribution agreement with Insulsteel ClearVue Technologies (CPV) has signed a manufacturing and distribution agreement with U.S.-based Insulsteel Building Sciences Insulsteel is...

Adyen: Expands acquiring capabilities to Malaysia

Adyen: Expands acquiring capabilities to Malaysia Adyen the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure...

MFMi Group: Selects Mambu

MFMi Group: Selects Mambu MFMi Group, part of leading Malaysian fintech specialist MFM Synergy Announced chosen Mambu’s pure SaaS cloud-native banking platform to underpin...

CMA: Provisionally clears PayPal / iZettle takeover

CMA: Provisionally clears PayPal / iZettle takeover

  • Both companies provide mobile point of sale (mPOS) devices that enable businesses to take ‘offline’ payments through a card reader connected to a smartphone or tablet
  • The 2 companies are also active in the emerging market for ‘omni-channel’ payment services
  • The CMA was also concerned about the potential impact of the merger in ‘omni-channel’ payment services
  • The payments services sector is evolving and the CMA’s Phase 2 investigation, led by an independent group of panel members
  • The CMA has reviewed extensive evidence, including large volumes of the merging businesses’ internal documents, relating to PayPal’s rationale for the merger
  • The CMA also found that other significant competitors would be more important constraints on PayPal

Latest Posts

Payfazz: Raises $53M In New Round

Payfazz: Raises $53M In New Round Indonesian payment processor Payfazz has secured $53M in Series B funding In one, Indonesia-based travel and lifestyle platform...

ClearVue Technologies: Signs distribution agreement with Insulsteel

ClearVue Technologies: Signs distribution agreement with Insulsteel ClearVue Technologies (CPV) has signed a manufacturing and distribution agreement with U.S.-based Insulsteel Building Sciences Insulsteel is...

Adyen: Expands acquiring capabilities to Malaysia

Adyen: Expands acquiring capabilities to Malaysia Adyen the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure...

MFMi Group: Selects Mambu

MFMi Group: Selects Mambu MFMi Group, part of leading Malaysian fintech specialist MFM Synergy Announced chosen Mambu’s pure SaaS cloud-native banking platform to underpin...

Trending Stories

Payfazz: Raises $53M In New Round

Payfazz: Raises $53M In New Round Indonesian payment processor Payfazz has secured $53M in Series B funding In one, Indonesia-based travel and lifestyle platform...

ClearVue Technologies: Signs distribution agreement with Insulsteel

ClearVue Technologies: Signs distribution agreement with Insulsteel ClearVue Technologies (CPV) has signed a manufacturing and distribution agreement with U.S.-based Insulsteel Building Sciences Insulsteel is...

Adyen: Expands acquiring capabilities to Malaysia

Adyen: Expands acquiring capabilities to Malaysia Adyen the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure...

MFMi Group: Selects Mambu

MFMi Group: Selects Mambu MFMi Group, part of leading Malaysian fintech specialist MFM Synergy Announced chosen Mambu’s pure SaaS cloud-native banking platform to underpin...

Network International: Enables UAE businesses transition to ecommerce

Network International: Enables UAE businesses transition to ecommerce Businesses across the UAE are looking to enable their services online, reports Network International In response...

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