News Topic: Acquirers
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What Apple's pact with Stripe means for the point of sale
Apple to rival Square by turning iPhones into payment terminals
JPMorgan sees Viva Wallet investment as building block in Europe
Why BM Technologies is buying a bank instead of partnering with one
State Street to buy Brown Brothers unit for $3.5 billion
QuickBooks debuts mobile card readers that link to its software
JPMorgan Chase, ACI to offer multichannel payments in Europe
Inside Citi's plan for 'payment ubiquity'
Digital payment innovators have shown an almost limitless propensity to home in on banks’ turf, and Citigroup is ready to strike back. ... Read full article
Citi's challenge in cross-border payments: Outsmart the tech giants
Billions of dollars in investments are pouring into digital payments, but the hefty numbers obscure a regulatory and competitive squeeze that could shut banks out of the profits for good. ... Read full article
Wells Fargo's cave to Square drags small banks into the fee fight
The simplified pricing of fintechs like Square and Stripe has finally caught up with banks' more complex fees, prompting Wells Fargo to restructure its billing for small businesses. Other banks will also face consequences—particularly community banks ... Read full article
JPMorgan buying WePay, shifting fintech investment into high gear
JPMorgan Chase has made several investments in financial technology startups, but its plan to buy WePay will give its 4 million small-business clients a much more direct way to adopt digital payments. ... Read full article
U.S. Bancorp scrambles to keep pace in payments field
Revenue growth in its merchant payments business is expected to be tepid in the foreseeable future. The Minneapolis company says it is looking to ramp up innovation to stay competitive in a business that has been upended by fintech firms and online ... Read full article
Worldpay draws takeover interest from Vantiv, JPMorgan
Both Vantiv and JPMorgan have a strong merchant acquiring business in the U.S., while Worldpay has a large market in Europe. ... Read full article