Finastra

563 results about this entity

Period: 06 Dec 2007 - 11 Feb 2025

Misys Q1 revenue rises but order intake falls

UK fintech vendor Misys has posted a four per cent rise in revenues for the first quarter but order intake was down thanks to delayed sales at the recently acquired Sophis unit.

Cost-cutting and IT complexity top concerns for transaction banks

Reducing IT complexity and cutting costs are the biggest challenges facing transaction bankers, according to a survey of 44 top tier banks conducted by Finextra on behalf of Misys.

Misys taps social media location information for bank-to-customer payment authorisation

UK fintech vendor Misys has launched a service that enables bank customers to use location-based social media applications such as Foursquare to confirm their whereabouts to authorise transactions.

FIS takeover of Misys falls through

Shares in Misys fell by 18% in morning trading after the UK fintech vendor's proposed takeover by American counterpart FIS broke down.

Misys posts FY profit rise on banking recovery; no news on FIS deal, Kondor bid mooted

UK fintech vendor Misys has recorded a 12% rise in full year adjusted profits, boosted by strong uptake of its new BankFusion platform and the successful integration of recently acquired Sophis.

Misys shares rise as FIS deal nears

Shares in UK core banking vendor Misys rose nine per cent in morning trading as expectations rose that its proposed takeover by US firm FIS is nearing completion.

Temenos profit warning weakens Misys

A profit warning at Swiss core banking vendor Temenos has hit UK rival Misys, as nervous investors fret about the viability of an FIS-led takeover bid in a depressed market.

FIS confirms cash offer for Misys

US fintech house FIS has confirmed that it is the mystery suitor behind a preliminary takeover approach for Misys.

Misys confirms bid approach

Shares in Misys rose over eight per cent in morning trading after the UK banking software and treasury systems vendor confirmed it has received a "preliminary" takeover approach.

PE firms circle Reuters Kondor

Thomson Reuters is preparing to sell Kondor, its trade and risk management technology business, attracting interest from private equity firms and vendors, according to the Financial Times.

Takeover speculation fuels Misys share price

Shares in Misys have moved up amid City speculation of an impending bid for the UK banking software and treasury systems house.

Mobey Forum signs up new members

Bank-backed mobile financial services consortium Mobey Forum has signed up another six members this year as industry interest in m-payments continues to grow.