Findex

4073 articles tagged with this keyword

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Bank CIOs and VCs rally behind New York fintech innovation programme

The New York City Investment Fund is teaming with Accenture and a consortium of banks, venture investors and technology experts to launch a competitive search for the nation's top financial technology innovators.

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Advent and Bain to invest £200 million in WorldPay

The new private equity owners of payment processor RBS WorldPay say they intend to invest £200 million in the firm and create up to 250 jobs.

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Broadridge expands in mutual funds with $201 million Matrix acquisition

Broadridge is to acquire US mutual fund processor Matrix Financial Solutions for $201 million in cash.

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Global Payments sets up merchant acquiring JV with la Caixa

US transaction processor Global Payments is to pay EUR120 million in cash to acquire a 51% stake in a new merchant processing joint venture with Spanish savings bank la Caixa.

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VeriFone agrees $485m Hypercom acquisition

VeriFone has signed a $485 million, all-stock, definitive agreement to buy rival card terminal outfit Hypercom just weeks after a hostile bid was rejected.

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Citi offloads ColorPalette OMS to FlexTrade

Citi is selling its LavaFlow ColorPalette order management system (OMS) to trading technology vendor FlexTrade. Financial terms were not disclosed.

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Misys agrees £375m Sophis acquisition

UK fintech vendor Misys has agreed to buy capital markets software provider Sophis from private equity firm Advent International in a deal worth around £375 million.

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Deutsche Börse to buy minority stake in ID's RFQ-hub

Deutsche Börse is buying a minority stake in Investors Derivatives solutions (ID's), a Paris-based technology provider that has developed a request for quotes (RFQ) hub.

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Amex spends $150m on CNP fraud prevention firm Accertify

American Express has agreed to pay around $150 million for Accertify, a provider of card-not-present (CNP) fraud protection technology.

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Sepkes quits Gresham

Payments system veteran Erik Sepkes has resigned as chairman of UK financial systems house Gresham Computing, as the vendor reports an upbeat set of third quarter interim results.

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Thomson Reuters buys Highline Financial

Thomson Reuters has acquired Highline Financial, an information and analytics provider focused on the US banking sector. Financial terms of the deal were not disclosed.

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ICE launches iPhone app; posts 10% Q3 net income rise

IntercontinentalExchange (ICE) has acquired TradeCapture OTC for an undisclosed price and used the vendor's technology as the basis for an iPhone and iPad application.

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Thomson Reuters Q3 net income rises 66%

Thomson Reuters has posted a 66% third quarter net income rise and upped its full year revenue forecast as the firm's recession-hit markets unit finally shows signs of recovering.

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Bottomline Technologies acquires SMA Financial

Bottomline Technologies has acquired London-based Swift Service Bureau provider. SMA Financial, for an undisclosed sum.

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SGX in ASX takeover talks - report

The Singapore Exchange (SGX) is set to make a takeover offer for the Australian Securities Exchange (ASX), according to local press reports.

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VeriFone in talks to buy Gemalto POS business

VeriFone has moved to boost its European presence, entering into exclusive talks to buy the point-of-sale business of Gemalto as part of a wider strategic partnership between the two firms.

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FIS agrees Capco acquisition

Financial software house FIS has signed a definitive agreement to buy consultancy Capco in a deal worth at least $292 million.

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Lombard swings to H1 profit on new FSA liquidity regs

Lombard Risk Management swung to a first half net profit on strong revenue growth as the vendor cashed in on new Financial Services Authority (FSA) liquidity standards regulations.

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Lloyds to chop 4500 IT jobs

Lloyds Banking Group is to cut 4500 IT jobs as it completes the integration of systems between Lloyds TSB and HBOS.

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Multi-million dollar FSA deal fails to arrest Autonomy slide

News of a multi-million dollar agreement with the Financial Services Authority has failed to arrest a slide in the share price of search and discovery software house Autonomy that was triggered by a recent revision to its sales guidance and a downgrade note from a former staffer turned Deutsche Bank analyst.