Open Payment Framework News Today

Paytech market updates: HSBC, Tink and Payoneer lead in cross-border payments 5h | By Aoife Morgan, Journalist Paytech market updates: HSBC, Tink and Payoneer le... On May 19, Deutsche Bank announced its partnership with payments technology provider Silverflow to support the bank’s payments strategy. The bank will...View article 2d | By Tom Lemmon, Reporter Video: Fintech to become future of financial servi...  The UK’s role in the fina...

Tech Mahindra signs agreement with FIS, to acquire captive unit in Asia SECTIONS Last Updated: Jan 12, 2021, 07:14 PM IST Share Synopsis As part of the agreement, Tech Mahindra will buy FIS subsidiary Payments Technology Services for $9 million. Getty Images Tech Mahindra today announced a professional services agreement with FIS to scale its enterprise payments and banking capabilities. The company will acquire Payments Technology Services, a subsidiary of FIS, for $9 million as part of the ag...

Tech Mahindra to acquire Payments Technology Services for USD 9 million IT services major Tech Mahindra on Tuesday said it will acquire Payments Technology Services Ltd (PTSL), a step-down subsidiary of fintech firm FIS, for USD 9 million (about Rs 66 crore). The acquisition will give Tech Mahindra access to IPs and licenses for two products - Open Payment Framework (OPF) and Multi-Bank System (MBS), a regulatory filing said. "The acquired capabilities in the payments space will give us access...