•    OzForex issued a statement to the Australian Securities Exchange yesterday, confirming media speculation that it had received an indicative takeover proposal. Western Union Co has made a preliminary, non-binding and conditional proposal to acquire 100 per cent of OzForex via a scheme of arrangement. Western Union has proposed an all-cash offer of A$3.50 to $3.70 a share. Macquarie Capital and Clayton Utz are advising OzForex.•    Following the resignation of Steve Bellotti, ANZ has moved Eddie Listorti, global co-head of fixed income, currencies and commodities into the role of acting managing director global markets. He will be reporting to Andrew Géczy, the group's CEO of international and institutional banking. Listorti's appointment is effective immediately. Prior to joining ANZ in 2010, he was global head of fixed income currencies and commodities at Dresdner Kleinwort.•    Dnister Ukrainian Credit Co-operative and Latvian Australian Credit Co-operative Society said they "recently entered into a memorandum of understanding to investigate the potential merger of the two organisations." Latvian, with A$17 million in assets, is one of the tiniest in the country and one of the least profitable. Dnister, with $150 million in assets, produce earnings in line with mutual norms.
•    Global payments technology company, Adyen, is to launch its payments platform in Australia. Instead of working with a number of suppliers and third party connections, Adyen simplifies payments for merchants and enables them to offer a seamless cross channel experience to their customers. Adyen will serve its clients from a new office in Sydney. In December 2014, Adyen announced a funding round of US$250 million, and recently announced a new funding round from Iconiq Capital that values the business at US$2.3 billion.