Mobile tap-and-pay spending is accelerating on the high street, spurred by the growing popularity of contactless payments at the point-of-sale, according to new data from Worldpay.
The boards of directors of Vantiv and Worldpay are pleased to announce that they have reached agreement on the terms of a recommended merger of Worldpay with Vantiv and Vantiv UK Limited (a subsidiary of Vantiv) (“Bidco”) in the form of a recommended offer for the entire issued and to be issued ordinary share capital of Worldpay by Vantiv and Bidco (the “Merger”).
FINSYNC, a fully-integrated accounting and payroll platform, and Worldpay US, a global leader in payments processing technology and solutions, are teaming up to speed up the approved cash flow of businesses.
Worldpay US is introducing today a suite of new features to its omni-channel platform, Worldpay Total. The new capabilities are designed to better support the needs of existing customers as well as access to additional markets, including card-not-present and Windows®-based merchants.
Xero has appointed fintech expert Damon Anderson to drive product strategy and direction as Xero cements its market leadership as the UK’s most popular accounting platform.
Investors' interest in the payments sector continues to intensify with today's news that three of the largest private equity firms in the world have made bids to acquire stakes in payment providers.
Worldpay is spurning overtures from JP Morgan to carve out a £9.1 billion deal with US card technology group Vantiv.
Shares in payment processors Worldpay and Nets have surged amid widespread market chatter of takeover talks with third party suitors.
Worldpay is conducting extended trials of a software-based mobile points of sale system which helps cash-only mobile and micro retailers to accept card and phone payments on their NFC devices.
Ron Kalifa, Vice Chairman and Executive Director, Worldpay, speaks about the value fintech gives to the UK economy and how financial institutions and fintechs are working together.
© Finextra Research 2017