EMEA

Loot has been in development since 2014 and has raised a total of more than $7 million thus far.

The company also said it is likely that tax reform legislation being considered by Congress would substantially reduce the valuation of its deferred-tax asset.

Pay by Bank, an app developed in recent months by Mastercard’s Vocalink unit, is expanding as Germany’s Wirecard makes the service available to all of its U.K. merchants.

Gemalto’s business boomed a couple of years ago at the peak of the U.S. EMV migration, but when new card orders tapered off and payments technology turned in new directions, the company’s profits got hammered.

We’ll view this wild rally as the starting point of cryptocurrencies becoming mainstream. They cannot be defined as a fad any longer, writes Nigel Green, founder and CEO of deVere Group.

Airlink's knowledge of the local market and relationships with banks, acquirers and large merchants in region will help the Paris-based Ingenico grow in Taiwan and strengthen its position in Northeast Asia.

Dennis Zember, Ameris' chief operating officer, was named CEO of the company's bank. Edwin Hortman Jr. will continue to run Ameris.

SunTrust sold an insurance financing unit that it deemed noncore, but it is on the lookout to buy more complementary businesses such as a CRE lender it acquired last year.

The U.K. challenger bank appeals to its customers to use a debit top up sparingly and for “last minute emergencies” since this feature will cost them around $30 per customer each year due to processing fees.

Google was sued by a group of U.K. consumers over claims that the company improperly collected personal data from millions of users of Apple Inc.’s iPhone.