Tag: payment services
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EU Parliament moves forward with payment services reforms
The European Union Parliament has taken a significant step towards modernizing the payment services industry with the recent approval of a package of reforms aimed at improving the efficiency, security, and competitiveness of payment services within the EU. The package, known as the Payment Services Directive 2 (PSD2), builds upon the original Payment Services Directive…
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Ripple wants to expand its payment services across the US
Ripple, a leading cryptocurrency payment solution, has unveiled its ambitious plan to expand its payment services across the United States. This move marks a significant milestone for Ripple as it seeks to revolutionize the way financial transactions are conducted globally. Ripple’s technology, powered by its digital currency XRP, provides financial institutions with a seamless way…
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Blackstone signs agreement to acquire Sony Payment Services
Blackstone, the renowned investment firm, has officially signed an agreement to acquire Sony Payment Services, a subsidiary of Sony Corporation. This acquisition marks a significant milestone for Blackstone, signaling their continuous expansion and diversification within the technology and financial services sector. The deal, valued at an estimated $300 million, solidifies Blackstone’s commitment to strategically invest…
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Deluxe to offer direct-biller payment services
Deluxe to Offer Direct-Biller Payment Services In an era where convenience and seamless transactions have become paramount, Deluxe, a leading provider of payment solutions, is stepping up its game to offer direct-biller payment services. This move is expected to revolutionize the way customers handle their bills, making bill payments a hassle-free experience. Leveraging its vast…