EMEA

Payments providers PXP Solutions and Kalixa have merged to form PXP Financial, a London-based company focused on delivering omnichannel services to merchant acquirers.

Nordea Finance will license Divido’s white-label point of sale lending platform for launch to retailers across several Nordic countries.

The company will gain four branches in Athens, Ga., with the $52 million acquisition.

Peru is planning a real-time payment system with Vocalink that will put the country on par with similar systems in Thailand, Singapore, the U.S. and the U.K.

Global politics are dividing the world of e-commerce, forcing companies to make tough decisions about their strategies for the U.S., India and other regions.

Featurespace wants to expand its fraud-fighting tool beyond its core audience of banks and payment processors to cover transactions across a broader industry spectrum including retail, gaming and insurance.

Visa CEO Alfred Kelly said the company's earnings, though solid, could suffer if if politicians in Washington and London don’t resolve their biggest issues.

Georgia-based Augusta VAH Federal Credit Union is set to merge into South Carolina's SRP FCU.

EU states such as Belgium, Lithuania and Ireland are offering e-money institution, payments institution or banking licenses to fintechs, which can be passported across Europe, in anticipation of the U.K. losing its ability to do so after Brexit. But there is no cross-border deposit protection for European consumers holding accounts at EU banks with passported licenses.

Payment service provider heidelpay Group has purchased the installment lender Universum Group to bring a new payment capability to the heidelpay Group in the form of an installment lending product called FlexiPay.