FIS® a global leader in financial technology, today announced it has entered into a definitive agreement to acquire 100% of Global Payments' (NYSE: GPN) Issuer Solutions business for an enterprise value of $13.5 billion, or a net purchase price of $12 billion including $1.5 billion of anticipated net present value of tax assets.

CompoSecure, Inc., a leader in metal payment cards, security, and authentication solutions, today released a new report based on an independent global survey the company commissioned from Capuchin Behavioural Science. The survey found metal payment cards drive growth for financial institutions, especially among wealthy and younger consumers.

New research by TransUnion, a global information and insights company has revealed that over the last 12 months, there has been an 8% increasei in the proportion of UK consumers who said they have a credit card, yet a third say they don’t know their credit score.

BlueSnap, the global payment orchestration platform for leading B2B and B2C businesses, today announced it is a payment partner for Shopware, an open-source eCommerce platform.

Klap, one of Chile’s fastest-growing acquiring networks, has achieved a significant milestone by launching Visa and Mastercard acquiring services in partnership with BPC, a global leader in payment solutions. Leveraging BPC’s next-generation SmartVista platform in the cloud, Klap has completed a comprehensive modernisation of its processing infrastructure.

Allvue Systems, LLC, a leading provider of technology solutions for investment managers, today announced the launch of the Allvue Nexius Intelligent data platform, an AI-ready, cloud-native solution designed to eliminate data silos, automate workflows, and deliver real-time insights for private capital markets. 

Luma Financial Technologies (“Luma”), a global leader in structured products and insurance solutions, announced today that it has closed a $63 million Series C financing led by Sixth Street Growth, the growth investing business of leading global investment firm Sixth Street. Existing strategic investors including Bank of America, Morgan Stanley, UBS, and TD Bank Group participated in the round.

Swift today announced the launch of an enhanced solution for managing payment investigations that could save the financial industry millions and significantly reduce the time it takes to identify and resolve issues when international payments are delayed.

Recurly, a leader in subscription management, today unveiled its most transformative and innovative product release to date. Announced live at its flagship virtual conference, Subscription Sessions, Recurly introduced its powerful new AI-powered growth engine, Recurly Compass; a Shopify integration that provides enterprise-grade support for ecommerce subscriptions; and new plug-and-play payments functionality designed to streamline global scale and conversion.

Digital banking provider Tyfone today announced CCBank chose the nFinia® Digital Banking Platform for its digital banking solutions.