People's Bank of China (PBOC) on Monday published details regarding regulations of the booming online payments sector, which are set to come into effect on July 1, 2016. The new rules restrict the size of payments done from non-bank payment accounts and introduce certain requirements for registration. In particular, the size of payments through such…
Read moreProvider of online international payment services Ozforex Group Ltd (ASX:OFX), which is currently considering a takeover proposal from The Western Union Company (NYSE:WU), today announced its rebranding the single global brand ‘OFX’. The key point of the rebranding is to reflect the global nature of OFX’s business, making the company more identifiable to customers globally and…
Read moreA lot has been going on the mergers and acquisitions front lately, with the freshest news in this respect provided from Ozforex Group Ltd (ASX:OFX), an international provider of online payment services. OzForex has just confirmed that it has received a takeover approach from the Western Union Company (NYSE:WU). Under the preliminary, non-binding, indicative conditional…
Read moreConditional dealings in Worldpay's ordinary shares are set to start on the London Stock Exchange at 8.00 a.m. (London time) today under the ticker "WPG".
Read moreThe company intends to apply for admission of its ordinary shares to trading on the LSE's main market for listed securities.
Read moreThe company remained upbeat on its future prospects, on the back of new client wins and new product launches.
Read moreXero’s Australian customers, who have also registered with OzForex, will be able to automatically make international payments against Xero invoices directly from the OzForex platform.
Read moreThe enlarged group is set to achieve on-going cost saving synergies of approximately $40 million per annum by the end of the fiscal year ending December 31, 2016.
Read more“The Directors are pleased with trading in the period which has seen strong year-on-year growth”, the company said in an update today.
Read morePlaytech opted to deploy MaxBill as part of a strategic plan to expand the company’s business capacity with improved business support processes
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