FIS Set to Acquire UK FinTech Demica in $300m Deal

"US banking and PayTech giant FIS has reportedly signed a $300 million deal to acquire London-based FinTech Demica , several media reports stated on Monday. Founded in 1992, Demica offers a cloud-based supply chain finance powering the trade finance programme for...

Visa Completes Acquisition of Featurespace

"Visa announced it has completed its acquisition of Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. This will bolster Visa’s fraud protection...