Findex

4073 articles tagged with this keyword

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Icap's fintech incubation vehicle invests in Model Two Zero

Euclid Opportunities, the vehicle set up by interdealer broker Icap last year to provide seed funding to new fintech companies, has invested in London-based post-trade software firm Model Two Zero.

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Jumio raises $25.5m

Jumio, a US start-up that has developed a system to turn Web cams and smartphone cameras into credit card readers, has raised $25.5 million.

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GE Capital to buy MetLife US retail deposit business

GE Capital has agreed to buy life insurer MetLife's US retail deposit business, giving it around $7.5 billion in deposits and a new online banking platform. Financial terms were not disclosed.

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Dion buys controlling stake in Swissrisk

Dion Global Solutions has acquired a controlling stake in Frankfurt-based Swissrisk Financial Systems. Terms of the deal were not disclosed.

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Lombard Risk buys Sofgen regulatory reporting business

Lombard Risk Management has acquired the regulatory reporting business of Sofgen for $4.25 million in cash, loan notes and equity.

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Payments start-up Zipmark raises $2m

New York-based mobile and online payments start-up Zipmark has raised $2 million in a seed funding round led by Village Ventures and Contour Venture Partners.

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Deutsche Börse and Nyse Euronext offer more concessions to regulators

Deutsche Börse and Nyse Euronext have offered the European Commission more concessions in a bid to allay antitrust concerns and secure approval for their $9 billion merger deal.

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LSE to buy Pearson's FTSE stake

The London Stock Exchange (LSE) has agreed a £450 million cash deal to buy the 50% stake in FTSE International it does not already own from publisher Pearson.

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Glocer exits as Thomson Reuters appoints Smith to lead turnaround

Thomson Reuters CEO Tom Glocer is stepping down, replaced by chief operating officer James Smith, following a tough few months for the firm's markets division and a steady decline in its stock price.

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MasterCard invests in mFoundry

MasterCard has made a strategic investment in US mobile money outfit mFoundry, leading a funding round that also includes Intel Capital, Fidelity Information Services and Motorola Mobility.

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TMX Group agrees Razor Risk acquisition as Maple deal faces regulatory concerns

Canadian exchange operator TMX Group has agreed a deal to buy Australia's Razor Risk Technologies for around C$10.18 million in cash.

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Patsystems receives takeover approach as MF Global fallout continues

Hit hard by the collapse of its largest customer, MF Global, troubled UK screen-dealing software house Patsystems has been approached about a takeover by ION Trading.

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Pre-paid outfit Green Dot cleared to buy bank

US pre-paid card outfit Green Dot has been given the all clear by regulators to buy Bonneville, a small Utah-based bank.

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Ffastfill posts H1 pre-tax loss; agrees WTD Consulting acquisition

Ffastfill has posted a pre-tax loss of £107,000 for the first half on flat revenues of £7.3 million. The UK derivatives trading vendor has also agreed to buy the business and assets of Chicago-based WTD Consulting for up to £7.6 million.

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Tokyo and Osaka exchanges agree merger

The Tokyo and Osaka stock exchanges have agreed to merge in 2013 as they seek to strengthen their positions in a global market in the midst of a wave of consolidation.

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Visa takes stake in data analytics firm

Visa Europe has taken a minority stake in Beyond Analysis, a UK-based analytics firm, as it looks to gain deeper insight into consumer behaviour from card transaction spending patterns.

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Clear2Pay agrees Level Four acquisition

Belgian electronic payments outfit Clear2Pay has inked an agreement to buy UK ATM testing specialist Level Four Software. Financial terms of the deal were not disclosed.

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Payment processor Vantiv files for IPO

Vantiv, a payment processor owned by Fifth Third Bancorp and Advent International, has filed with regulators for an initial public offering.

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SEC puts Longtop under the cosh

The Securities and Exchange Commission has charged Longtop Financial Technologies with failing to file accurate reports, paving the way for a ban on broker-dealers trading in the Chinese fintech vendor.

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Cloud-based payments start-up targeting SMBs launches

MineralTree, a US start-up providing cloud-based payment services specifically designed for small and medium businesses, has formally launched after securing $1.5 million in funding.