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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 financial services ecosystem has been uncertain since the Brexit vote in 2016, but with Brexit finally c...

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 agreement. Based in Asia, Payments Technology Services is a payments solutions provider focused on the...

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 to IPs and licenses for 2 products, which is consistent with our strategy of pivoting the business ...