Banking
LGT in Liechtenstein taps Finastra for instant payments
Partnership Announcement:Entities Involved: LGT (private banking and asset management group) and Finastra (provider of financial technology solutions).
Objective: Launch instant payment services....
Banking
Spanish paytech PayRetailers acquires Transfeera to drive Brazilian expansion
Overview:Acquirer: Spanish paytech PayRetailers.
Target: Transfeera, a Brazilian platform for payment processing and bank data validation.Details of the Acquisition:Assets Acquired: Transfeera’s technology,...
Banking
Santander and Iberpay in Spain join EPC’s OCT Inst scheme as inaugural participants
Overview:Participants: Spanish banking giant Santander and payment services firm Iberpay.
Scheme: One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) by the European Payments...
Banking
Emirates NBD taps Pine Labs to enhance merchant acquiring services
Partnership Overview:Emirates NBD, a UAE-based banking group, partners with Pine Labs, an Indian merchant commerce fintech, to enhance merchant acquiring services.Implementation...
Banking
French fintech Lydia launches digital banking app Sumeria
Company Overview:French fintech start-up Lydia.
Originally launched in 2013 as a P2P payments app.
Currently serves 8 million users in France, Spain,...
Banking
South African fintech Lesaka snaps up Adumo in $86m deal
Acquisition Details:Lesaka Technologies, a South African fintech firm, has signed a definitive agreement to acquire fellow South Africa-based paytech Adumo.
The deal...
AI
Turkish fintech Iyzico acquires Paynet in $87m deal
Turkish fintech Iyzico is acquiring Paynet, a B2B and B2B2C payment solutions provider, from parent company the Arena Group in a deal valued...
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