Without doubt, the recent announcement by FIS that it is to spin off Worldpay Inc caused some raised eyebrows. In this article, TFPA begins the process of looking at some of the challenges M&A faces and starts to look at the reasons they so often fail to deliver on the business case.
One of the greatest success stories within payments over the last few years has been the near universal adoption of contactless cards. However, the recent increases in contactless limits have resurfaced a number of consumer concerns and perceptions around security. Has the time come for a new approach?
Immediate Payments is a major new initiative that has been around in one form or another for some twenty years plus. In some ways it seems churlish to assume that a concept so mature is revolutionising the payments sector, but there is no doubt it is.