EMEA

Cadence has upped the exchange ratio by 10%, a move made necessary by the 40% decline in its stock price since the deal was announced in May.

China's Ant Financial, the Alibaba payments affiliate that operates Alipay, is reportedly in the advanced stages of talks to buy WorldFirst, an international payments provider based in London.

The combination of CCF Holding, Heritage Bancorp. and Providence Bank will create a $1 billion-asset institution. Veteran bank investor Kenneth Lehman will be its chairman.

TransferMate, a cross-border B2B payments provider based in Ireland, has announced plans to buy Devisenwerk, a Swiss foreign exchange firm, to expand its capabilities and geographic reach.

In the last two years, the Georgia-based institution has returned $25 million to members.

Colony will also gain a loan production office in Atlanta when the transaction closes.

Ameris has agreed to pay $751 million for Atlanta-based Fidelity; the combined company would have $16 billion in assets.

Morris State will pay $24 million for the parent of Farmers & Merchants Bank.

A consolidation of Germany's fragmented banking market is very much in the cards, following months of speculation.

Mastercard and white label payment software company Cardstream are partnering to accelerate the deployment of Mastercard’s Secure Remote Commerce (SRC)-ready Masterpass wallet and its “Pay by Bank” solution.