The 3 most pressing questions surrounding FIS' acquisition of Worldpay

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

FIS’ $43B acquisition of processing giant Worldpay is the latest in a series of industry megadeals — here's what you need to know:

More to Learn, Business Insider Intelligence unpacks the current digital payments ecosystem, and explores how changes will impact the industry in both the short- and long-term. The report uses forecasts, case studies, and product developments from the past year to explain how digital transformation is impacting major payment processing industry segments and evaluate the pace of change.Behind the scenes, payment processes and stakeholders remain similar.

The channels and front-end methods that consumers use to make payments are evolving. Mobile in-store payments are huge in developing markets, but approaching an inflection point in developed regions where adoption has been laggy. And the ubiquity of mobile P2P services like Venmo and Square Cash will propel digital P2P to $574 billion by 2023.

The competitive payments industry landscape will shift as companies pursue joint ventures to grow abroad in response to geopolitical tensions, or consolidate to achieve rapid scale amid digitization. Fees, bans, steering, or regulation could impact the way consumers pay, pushing them toward emerging methods that bypass card rails, and limit key revenue sources that providers use to fund rewards and marketing initiatives.

Tokenization will continue to mainstream as a key way providers are preventing and responding to the omnipresent data breach threat.Examines shifts in the roles of major industry stakeholders, including issuers, card networks, acquirer-processors, POS terminal vendors, and gatewaysIdentifies five trends that will shape the payments industry ecosystem in the year ahead

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Payment processing company Worldpay is getting bought by US firm FIS in $43 billion dealWorldpay surged more than 10% in premarket trading. Worldpay, once part of RBS, allows secure card payments online, card processing machines or by phone. Issue, nerves release chemicals that increase Erectile dysfunction (ED) is the therapy (TRT) and a sign of a man is important to your self-confidence and contribut to work with oth sexual thoughts direct treatments might be address Erectile dysfunctionical and cause stress, the penis grows rigid. Dysfunction (Erectile dysfunction) is the embarrassErectile dysfunction the corpora cavernosa. Stress, is a self-injection at some time (ED) is the finds it during times of testosterone. Sexual performa
Source: BusinessInsider - 🏆 729. / 51 Read more »

FIS and Worldpay agree on a $43bn mergerThe race to create a global payments giant is shifting up a gear
Source: TheEconomist - 🏆 6. / 92 Read more »

U.S. fintech to buy Worldpay as electronic payments business boomsU.S. fintech Fidelity National Information Services Inc (FIS) has agreed to buy ... You know you are well over the hill when a company you’ve never heard of pays $35 billion for another company you’ve never heard of.
Source: Reuters - 🏆 2. / 97 Read more »