Global Payments will sell most of the assets of its Netspend consumer payments business to Rêv Worldwide for $1.00 billion in cash. Rêv Worldwide has raised the cash from backers, including $325 million from private equity firm Searchlight Capital Partners. The sale will close in the first quarter of 2023 if the transaction receives regulatory approval. Rêv is acquiring the Netspend consumer prepaid card business as well as the card account processing system and all related technology, connections to Visa and Mastercard and a network of approximately 130,000 US retail locations where con...