#payments

Adyen to buy German loyalty platform in first-ever acquisition Adyen has entered into a definitive agreement to buy Berlin-based loyalty and incentive platform Talon.One for 750 million euro ($879 million). https://www.americanbanker.com/payments/news/adyen-to-buy-talon-one-in-first-ever-acquisition #FinTech #FinServ #Banking #Payments #PayTech

Finland, Denmark, Norway, Sweden, and Estonia are soon enabling offline debit card payments for at least seven days without network connectivity. The change covers payments for essential goods in physical trade, such as food, medicine, and fuel. Each country has made - or is in the process of making - the required changes to their related regulations to enable it. The motivation for this change is to enable payments even in exceptional situations such as network disruptions due to sabotage or conflict. TL;DR: You can pay for essentials even if Russia cuts the cables. Plans for this change were announced in May 2025: https://www.reuters.com/business/finance/nordics-estonia-plan-offline-card-payment-back-up-if-internet-cut-2025-05-07/ #resilience #preparedness #infrastructure #payments #banking

BillDesk to acquire Worldline's India payment biz for US$ 70.8M: Indian payments firm enters agreement to acquire the Indian payment operations of French payments major Worldline SA. The estimated equity value is about US$ 70.8 million. https://entrackr.com/news/billdesk-to-acquire-worldlines-india-payment-biz-for-708-mn-11154219 #India #IndianTech #TechNews #Fintech #Payments #BillDesk

Capillary Technologies to acquire Mastercard-owned Session M for US$ 20M: The SaaS firm will acquire the US-based loyalty and engagement platform to strengthen its customer engagement offerings. The transaction includes Session M's Czech subsidiary and is expected to close within 180 days. #India #IndianTech #TechNews #Fintech #Payments #Mastercard

Cross-border payments startup Xflow has secured US6.6 million in a fresh funding round led by existing investor General Catalyst: PayPal participated as a new investor, with existing investors Lightspeed, Stripe, Moore Capital and Square Peg also joining the round. https://economictimes.indiatimes.com/tech/funding/xflow-secures-16-6-million-funding-from-paypal-general-catalyst-other-investors/articleshow/128742680.cms #India #IndianTech #TechNews #Fintech #Payments