press@loopline.org.uk

Worldline, has reported a net loss of €4.2 billion for the first half of 2025. The loss stems from a substantial €4.1 billion impairment on goodwill, a move that underscores the company’s reassessment of prior acquisitions and the underperformance of its Merchant Services division. At the centre of the impairment is Worldline’s Merchant Services unit.

Fiserv is extending its popular Clover point-of-sale (POS) platform into the healthcare sector through a strategic partnership with healthcare payments specialist Rectangle Health. The collaboration will introduce Clover PracticePay, a payment solution developed specifically for small to mid-sized healthcare providers. The new system is expected to become available in early 2026, marking the first time

An Employment Court judgment delivered in 2023 has gained fresh relevance asscrutiny of Worldline SA and its German subsidiary Payone GmbH intensifies.The judgment, issued in a UK case involving a former Payone employee, acceptedevidence that a Senior Sales Executive Florian Risch recounted a due diligence scenarioinvolving the viewing of animal pornography. The material, described in

The recent 7th July 2025 judgment of the Employment Appeal Tribunal (EAT) in Logo v Payone GmbH and Others offers a careful clarification of existing legal principles under the Equality Act 2010 and raises subtle but important questions around procedural justice in the employment litigation context. While the decision does not purport to alter doctrine

Worldline’s scramble to restore trust shifted gears this week as the company confirmed it has hired an external audit firm, Accuracy, to conduct a full review of its portfolio of high-risk clients. Simultaneously, consulting heavyweight Oliver Wyman has been brought in to review internal controls, a clear, public attempt to signal that the company is

Let’s look at the systemic compliance failures disclosed in the “Dirty Payments” investigation, involving the European payments giant Worldline SA and its key German subsidiary, Payone GmbH. While the unfolding scandal diverges significantly from the outright accounting fraud that led to the collapse of Wirecard AG, its sheer severity, unprecedented scale, optics and alarming persistence

In a recent decision from the High Court, an application by Payone GmbH (a Worldine SA company) to bypass the detailed assessment process was firmly rejected. What is Detailed Assessment? It’s the formal court process where a party awarded legal costs must provide a full, itemised bill showing what was charged and why. The other

Berlin-based fintech Payrails has raised $32 million in Series A funding, marking a major milestone for the startup as it accelerates development of its enterprise-grade payment platform. The investment—among the largest of its kind in Europe’s fintech sector this year—was led by HV Capital’s Growth Fund, with continued backing from EQT Ventures, General Catalyst, and

A recent cyber attack has caused significant disruption at Co-op stores across the UK, with some locations unable to process card payments and others facing stock shortages. The Manchester-based retailer confirmed that while most of its 2,300 outlets continue to operate as normal, a number of branches have had to switch to cash-only transactions due