Tag: E-commerce
Octo3 merges with fintech solutions provider Evantagesoft to launch new FTS.Money brand in Asia
Octo3 and Evantagesoft (EVS) Merge to Form FTS.Money
Key Points:Merger and New Brand:Companies Involved: Payment infrastructure firm Octo3 and banking technology solutions provider...
Fortis buys NetSuite payments division of MerchantE
Fortis Acquires MerchantE’s NetSuite Payments Division
Key Highlights:Acquisition Overview:Acquirer: Fortis
Acquired Entity: MerchantE’s NetSuite payments division
Acquisition Sum: UndisclosedAbout MerchantE’s NetSuite Payments...
Klarna sells checkout business to investor consortium
Klarna has finalized a deal to sell its online checkout service, Klarna Checkout (KCO), to a consortium of investors for SEK 5.4 billion ($515...
CFPB says BNPL firms must comply with credit card consumer protection rules for billing disputes and refunds
Ruling Overview:Agency: US Consumer Financial Protection Bureau (CFPB).
Decision: Designates buy now, pay later (BNPL) firms as credit card providers.
Reasoning: BNPL...
Cooperative Bank of Oromia in Ethiopia partners Mastercard for prepaid cards and Community Pass
Overview:Entities Involved: Cooperative Bank of Oromia (Ethiopia) and Mastercard.
Agreement: New five-year strategic partnership aimed at boosting digital and financial inclusion in Ethiopia.Key...
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...