Home Posts tagged "PSP"
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WorldPay Chooses IPO Over Multiple Buyout Bids

After announcing plans to take WorldPay public on the London Stock Exchange, Ingenico, Wirecard AG and a private equity consortium each made offers to acquire the business. French payment company and hardware manufacturer Ingenico even secured financing for a bid, rumored to be as much as £6.6 ($10.2) billion, but WorldPay turned down this and

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Digital River Goes Private Pending $840 Million Acquisition

Global eCommerce payments company Digital River has entered into an agreement to be acquired by investor group Siris Capital, LLC in a transaction valued at approximately $840 million. Pending approval of the deal, the publicly traded company will now be private as Siris will acquire all outstanding common shares of Digital River at a premium

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EU Implementing Minimum Authentication Standards for PSPs

The European Central Bank has drafted a set of recommendations to increase the security of online transactions in the European Union. The expectation is to implement these recommendations as minimum standards for online payment security which internet payment service providers in the EU must meet by mid-2014. Read More

 
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