S1 Corporation

48 results about this entity

Period: 22 Sep 2004 - 12 Oct 2011

PayPal aims to become your digital ID; unveils new bank, vendor, currency partnerships

PayPal has taken the wraps off its single sign-on digital identity service for online shopping, PayPal Access. The move comes as the San Jose-based payments operator unveils a series of new partnerships with a host of banking technology suppliers at the BAI Retail delivery show in Chicago.

NCR, PayPal and S1 offer P2P payments through ATMs

NCR, PayPal and S1 have teamed up on a service that lets people make real-time person-to-person payments from cash machines.

ACI agrees terms to acquire S1

ACI Worldwide has pulled of a deal to acquire bitter rival S1 for approximately $360 million in cash and 5.8 million ACI shares.

Sibos Live: Fundtech's Ravich speaks out on S1 merger break-down

Finextra caught up with Fundtech CMO George Ravich at the Sibos international banking conference in Toronto and put him on the spot over the vendor's decision to back out of an agreed merger with S1 in favour of a private equity buy-out by GTCR.

S1 agrees to kill Fundtech deal; warns off ACI

S1 Corporation has backed out of its merger agreement with Fundtech after receiving an $11.9 million termination fee but insists it is still not interested in a takeover by ACI Worldwide.

Fundtech board ditches S1 for PE outfit GTCR

The board of Fundtech is turning its back on a planned merger with S1 after receiving a "company superior offer" from private equity firm GTCR.

ACI takes offer to S1 shareholders

ACI Worldwide has stepped up its pursuit of S1 Corporation again, taking its cash and shares offer directly to shareholders.

ACI increases cash component of S1 offer

ACI Worldwide has increased the cash component of its takeover offer for S1 Corporation by 50 cents a share.

ACI steps up efforts to scupper S1-Fundtech merger

ACI Worldwide has escalated its efforts to derail the proposed merger between S1 and Fundtech, filing preliminary proxy materials with the SEC to solicit S1 shareholder votes against the deal.

ACI makes offer for S1

Payments outfit ACI Worldwide has made a $540 million cash and stock takeover move for S1 Corporation, urging the latter's shareholders to spurn a proposed merger with Fundtech.

S1 and Fundtech agree merger

S1 Corporation has agreed an all-stock merger with transaction banking vendor Fundtech in a deal that values the combined entity at around $700 million.

Cash management market to buck bank IT spending downturn

Bank spending on cash management technology is set to grow by 7.1% in 2010, escaping IT budget restraints elsewhere in the industry, according to research from Boston-based analyst house Celent.