John Adams

Bank technology giants FIS and Fiserv are spending nearly $66 billion between them in just the past few weeks to add a broad swath of payments technology — including a few key nuggets that will help them go toe to toe with fintechs.

Given the size of the deal — which includes about $9 billion of Worldpay’s debt on top of a $34 billion bid — the pressure’s on to build a global powerhouse that can counter other major fintech mergers announced in the past weeks. FIS must also emerge as a nimble rival to the startups that threaten the old order.

The information you need to start your day, from PaymentsSource and around the Web. Today: FIS agrees to Worldpay deal; E-commerce sites hit with malware; Apple launches ad campaign; Reporter demos payment chip.

The financial services technology company FIS has agreed to buy Worldpay. The deal is valued at $43 billion and will allow FIS to counter the transaction processing scale Fiserv received when it acquired First Data this year. The merger price is based on a $34 billion bid plus $9 billion of Worldpay's debt.

Our annual Most Influential Women in Payments feature, now in its seventh year, highlights the women who are creating change and opportunities in the payments industry. For the first time, the editors of PaymentsSource have also recognized one woman for lifetime achievement.

First Data’s transformation over the past few years has involved much more than transaction automation, and has relied heavily on the creativity and ingenuity of executives such as Mia Shernoff.

A good way to gauge the future is to watch where technology money goes, and that makes Janet Bannister one of fintech’s best barometers.

Kikelomo Lawal, chief legal officer and corporate secretary for Interac Corp., has helped to drive a seismic shift in how Interac works, which means an evolution of how payments happen for Canadians.

Women are being driven from high-technology jobs by lingering male-dominated culture, and Christine Lee is calling on colleagues with high-profile positions to take responsibility for changing that.

Jenifer Swallow has been here before, feeling the excitement of being in in an industry that was about to change commerce forever.

Whenever Facebook adds something that more closely ties its network to shopping, service or payments, it has an immediate ripple effect. And Marketplace is becoming a major part of Facebook’s influence.

The information you need to start your day, from PaymentsSource and around the Web: Amazon leads Google in voice commerce; U.K. fintech opens to cross-border payments; Singapore tackles tech regs; and more.

The uncertainty of the modern political climate has created a number of business issues — and a few opportunities for the companies that can guide others through difficult times.

The Bank of England is requiring Visa to appoint PwC as an independent third party to review the card brand’s progress in implementing recommendations that followed a 2018 outage in Europe.

The information you need to start your day, from PaymentsSource and around the Web. Today: EU provides some Brexit relief for payment companies; Knowledge of crypto lags in the U.K.; Jumio expands in Latin America; Sinemia changes its payment policy.

The mobile revolution is turning Western Union into a very different company, one that must adjust to new ways to pay while pouring substantial resources into fending off the threat of e-commerce.

The information you need to start your day, from PaymentsSource and around the Web. Today: Paytm starts premium service; RBI fines banks for Swift violations; U.K. government pressured to protect cash; Google offers perks to watch developer ads.

Small-business projects in India and Latin America will provide a test of how well an open source blockchain can reduce the fraud that can occur when businesses try to free up capital from outstanding payments.

Amazon’s an attention machine, making its reported attention to Mexico’s criticized mobile payment project something banks have little choice but to see as a welcome development instead of a threat.

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon may join Mexico's mobile pay program; Revolut faces another compliance query; Gaming clips company Medal adds payments; Square co-founder Tristan O'Tierney dies.