Mastercard said Tuesday (July 9) that it has closed on its previously announced acquisition of Transfast, a deal the payments giant said will strengthen its global presence, especially in cross-border payments. In a press release, Mastercard said the deal, which had been announced in March,...
Visa is moving "beyond the card" with its acquisition of cross-border payments firm Earthport to turbo-charge account-to-account payments. Bill Sheley, head of global push payments at Visa, tells Karen Webster how the combined companies enable banks and service providers to cover (through a single point of...
Visa, the payments company, announced Wednesday (May 8) that it has acquired Earthport, a cross-border payment company catering to banks, money transfer services providers and businesses around the world. Terms of the deal were not disclosed. In a press release, Visa said that with the...
The bidding war over U.K.-based payments firm Earthport – squarely in the crosshairs of card giants Visa and Mastercard – is heating up. On Friday (Feb. 8), Financial Times reported that Visa boosted its bid for the company to roughly 247 million pounds, topping the...
May 15, 2019
Visa is moving "beyond the card" with its acquisition of cross-border payments firm Earthport to turbo-charge account-to-account payments. Bill Sheley, head of global push payments at Visa, tells Karen Webster how the combined companies enable banks and service providers to cover (through a single point of contact) almost all of the world’s banked population, offering flexibility for P2P, B2C and B2B payments across wallets, accounts and cards.
May 25, 2017
In payments, speed thrills. But as NACHA CEO and President Jan Estep told PYMNTS’ Karen Webster, speed isn’t everything. Innovation is key and relieving pain points that previously were just...
July 24, 2019
Visa posted fiscal third quarter results that showed a rebound in cross border transactions, and continued gains in payments volumes overall. Management also said on the post earnings conference call Tuesday (July 23) that recent acquisitions to spur cross border transactions are slated on track to close or contribute to results by the end of […]
July 09, 2019
Mastercard said Tuesday (July 9) that it has closed on its previously announced acquisition of Transfast, a deal the payments giant said will strengthen its global presence, especially in cross-border...
May 08, 2019
Visa, the payments company, announced Wednesday (May 8) that it has acquired Earthport, a cross-border payment company catering to banks, money transfer services providers and businesses around the world. Terms...
February 08, 2019
The bidding war over U.K.-based payments firm Earthport – squarely in the crosshairs of card giants Visa and Mastercard – is heating up. On Friday (Feb. 8), Financial Times reported...
