payments

Barclays to retain 20% stake in merchant payments arm amid Brookfield talks | Money News Aitrend

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Barclays to retain 20% stake in merchant payments arm amid Brookfield talks | Money News Aitrend

Barclays is set to complete a deal to shed its UK merchant acquiring arm, allowing it to remain an investor in the business. Sky News has learned that Barclays and Brookfield, the Canadian asset management giant, are in detailed talks over a deal which would see the British lender retain a 20% stake in the … Read more

Reeves to reveal plans for radical payments overhaul | Money News Aitrend

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Reeves to reveal plans for radical payments overhaul | Money News Aitrend

The government will unveil plans to overhaul Britain’s payments infrastructure, which will involve the Bank of England being given a more powerful oversight role. Sky News has learned that Treasury officials have given the green light to a new ‘Payments Vision’, details of which will be outlined at the Mansion House annual dinner this week. … Read more