Ingenico

221 results about this entity

Period: 29 Oct 2004 - 07 Nov 2024

PIN devices vulnerable to 'tapping' attacks, researchers warn

Chip and PIN security is under the spotlight again after researchers at Cambridge University demonstrated that unencrypted card details can be stolen by "tapping" PIN entry devices (PEDs).

Hypercom moves to buy Thales card payment unit as Ingenico steps aside

Arizona-based e-payments firm Hypercom says it has executed a deal to acquire a card payments unit from Thales. At the same time Hypercom's own suitor - France's Ingenico - has abandoned a bid to buy its business.

Ingenico bids for Hypercom

French eftpos outfit Ingenico has made an unsolicited all-cash bid to acquire rival US e-payments firm Hypercom for around $332 million, but the deal is contingent on the Arizona-based vendor dropping a proposal to acquire a card payments business from Thales.

Finextra50 rides rollercoaster week to new low

Despite the turbulent markets there were a few bright spots last week, such as S1, Computershare and Hypercom, which ended the week up. Some fintech stocks benefited from the market recovery on Friday to pare back their losses. But prevailing market conditions and profit warnings led to some significant drops for many constituents as of Friday, led by ACI Worldwide, Cognizant, Ingenico and Diebold. This caused the Finextra50 Financial Technology Index to fall 2.58% to 93.28.

Ingenico and Sagem in talks to merge e-payments units

French eftpos vendor Ingenico and Paris-based technology firm Sagem Securite are in exclusive talks to merge their respective electronic payments businesses.

Indian IT sector drags Finextra50 down one per cent to 103.95

Indian firms mphasis and i-flex led the Finextra50 Index down one per cent last week, as concerns about the stronger rupee's impact reduced investors' earnings expectations. This was tempered by gains from UK fintech companies, including Software Solution Partnership, Microgen and Statpro, which are seeing positive growth outlooks.

Ingenico buys its Turkish distributor for EUR26m

French eftpos vendor Ingenico says it has acquired Planet, its distributor in Turkey, for a total consideration of EUR26 million.

Finextra50 dips to 99.76

The Finextra50 Financial Technology Index continues its fortnightly yo-yo pattern, ending last week down 2.6% to close at 99.76, mainly driven by falls in European markets and several key US constituents. iFlex and Mphasis in India benefited from currency movements and takeover speculation, and in the US eFunds also rose on news that a hedge fund has taken a 6.8% stake in the company. Total System Services, Online Resources, Ingenico, Wincor Nixdorf and Temenos all saw their shares fall.

Finextra50 dips slightly to 99.56

The Finextra50 Financial Technology Index closed last week slightly down, with falls in Reuters and Cognizant a major contributor, while many of the index's smaller cap stocks saw steady gains, particularly in Europe.

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

UK bank branches target for Chip and PIN verification

Ingenico UK and US-based Nexus Software have developed a Chip and PIN-basesd authentication system for use in retail bank branch environments.

Ingenico and Moneyline to merge

French eftpos vendors Ingenico and Moneyline have signed an agreement to merge their respective operations.