PARTNER NEWS: Chip maker AMS has sold its NFC and RFID reader product lines to STMicroelectronics. AMS will continue to retain ownership of its NFC/RFID tag business, including the AS3955 NFC interface chip (NFiC) which AMS unveiled in May 2015. More
Acquisition
Mastercard takes majority stake in VocaLink
Mastercard has entered into a definitive agreement to acquire 92.4% of UK payments infrastructure operator VocaLink for approximately £700m (US$920m)... More
Seamless buys MeaWallet
Swedish mobile payment specialist Seamless has acquired third party mobile wallet provider MeaWallet... More
Visa seals deal on Visa Europe acquisition
Visa has completed its acquisition of Visa Europe... More
European Commission approves Visa’s acquisition of Visa Europe
The European Commission has approved the proposed acquisition of Visa Europe by Visa... More
Fitbit buys Coin’s wearable payment assets
Fitness wristband maker Fitbit has acquired the wearable payment assets of connected device maker Coin in a move that will enable the company to add NFC payment capability to its future devices. More
Visa amends financial details of Visa Europe acquisition
Visa has reached a preliminary agreement to amend the transaction details of its Visa Europe acquisition in response to feedback from the European Commission... More
Ingenico buys Think&Go
POS terminal maker Ingenico has acquired NFC specialist Think&Go... More
PowaTag sold to investors
Mobile payments platform PowaTag has been sold to a consortium led by entrepreneur Ben White, administrator Deloitte has confirmed, following news that its parent company Powa Technologies went into administration last month... More
Bell ID acquired by chip maker Rambus’ digital security division
PARTNER NEWS: Tokenization and mobile payments specialist Bell ID has been acquired by chip maker Rambus... More
NanoPay acquires Mintchip digital currency
Mintchip, the digital currency developed and field tested in an NFC payments pilot by The Royal Canadian Mint, has been acquired by Loyalty Pays Holdings Corporation, a subsidiary of NanoPay... More
Alipay parent seeks $1.5bn investment
Alibaba affiliate Ant Financial, owner of mobile payment platform Alipay, is seeking an investment of at least 10bn yuan (US$1.5bn) ahead of a planned initial public offering, Bloomberg reports... More
Orange to launch its own bank
Mobile network operator Orange has entered into negotiations to acquire a 65% stake in France’s Groupama Banque with a view to launching a 100% mobile bank... More
Morpho acquires AirTag
ID technology specialist Morpho has acquired mobile payment solutions provider AirTag for an undisclosed sum... More
Visa to acquire Visa Europe
Visa has confirmed it is to acquire Visa Europe for an upfront consideration of €16.5bn with a potential additional earn-out of up to €4.7bn... More
SpareBank 1 acquires mCash for mobile payments
Norway’s SpareBank 1 has acquired mobile payments provider mCash for an undisclosed sum... More
Velocity Mobile picks up Tab
Restaurant payment app provider Velocity Mobile has acquired Tab Payments, a mobile payments app for diners in Canada accepted at more than 100 restaurants in Toronto and Montreal... More
Velocity acquires mobile payments app Cover
Restaurant payment app Velocity has acquired mobile payments solution Cover for an undisclosed sum... More
PayPal buys money transfer provider Xoom
PayPal has bought digital money transfer provider Xoom for about US$890m... More
Google to acquire Tesco’s Clubcard division?
Google is reported to be considering acquiring the Tesco-owned loyalty agency that is responsible for the development of the supermarket giant’s Clubcard rewards scheme... More