Findex

4073 articles tagged with this keyword

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Chi-X Europe receives bid approach; Bats Trading in the frame

Chi-X Europe says it has received an "enquiry" from an unnamed party that may lead to an offer for the multilateral trading facility (MTF).

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MasterCard makes e-commerce push with £333m DataCash acquisition

MasterCard has stepped up its assault on the e-commerce market with a deal to buy European payment service provider DataCash for around £333 million in aggregate.

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Buffett bets on fintech future with $220 million Fiserv stake

Warren Buffett's Berkshire Hathaway has placed a $220 million bet on the prospects of a rosy future for banking technology firms by snapping up 4.4 million share in US financial processing firm Fiserv.

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Religare Technova takes major equity stake in Chase Cooper

Indian IT firm Religare Technova has moved to gain a foothold in the risk management sector by buying a stake in the parent company of specialist Chase Cooper and forming a strategic partnership. Financial terms were not disclosed.

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Acquisitions are now part of Swift's 2015 'toolkit'

Interbank co-operative Swift says it could be in the market for more acquisitions following its recent deal to acquire SunGard's Ambit Messaging Hub gateway product.

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Google to buy virtual currency outfit Jambool - TechCrunch

Google has agreed a deal worth up to $75 million to buy Jambool, the company behind Social Gold, a virtual currency platform used for online games and applications, according to TechCrunch.

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RBS to sell 80% stake in WorldPay to Advent and Bain

Royal Bank of Scotland has inked a deal to sell just over 80% of its WorldPay payments processing unit to private equity firms Bain Capital and Advent International.

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SunGard upbeat on Q2 but broker/dealer volatility continues

SunGard chief Cristóbal Conde says the firm saw a "strong showing" from its financial systems business in the second quarter but figures were again skewed by a volatile broker/dealer business.

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Citi to put Egg up for auction - FT

Citi plans to put UK online banking unit Egg up for auction as part of its ongoing disposal of non-core assets, according to the Financial Times.

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Tech business helps boost Nyse Euronext Q2 results

Nyse Euronext has posted a second quarter net profit of $184 million compared to a loss of $182 million for the same period the previous year, boosted by derivatives trading revenues and strong figures from its information services and technology business.

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Payfone raises $11m

Payfone, a New York-based m-payments firm aimed at the growing virtual goods and mobile app market, has raised $11 million in a series b funding round.

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Metro Bank opens doors as Virgin Money sets back launch date

Metro Bank, the first new high street player to enter the UK market for over 100 years, has opened its doors to the public, running on a technology platform from Swiss vendor Temenos.

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PE firm Actis buys out Mediterranean Smart Cards Company

PE outfit Actis has led a management buy-out of African electronic payments processor Mediterranean Smart Cards Company (MSCC). Financial terms of the deal were not disclosed.

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Nasdaq OMX agrees Smarts acquisition

Nasdaq OMX has agreed a deal to buy Smarts Group, a privately-held Australian provider of market surveillance systems to exchanges, regulators and brokers. Financial terms were not disclosed.

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SunGard buys algo trading tech outfit Fox River Execution

Fintech giant SunGard has acquired Fox River Execution, a broker dealer provider of algorithmic trading technology and execution offerings to institutional firms focused on equities ETFs. Financial terms were not disclosed.

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E*Trade returns to profit

Online brokerage E*Trade Financial has posted its first quarterly profit for three years, surprising analysts who had expected another loss and sending shares up seven per cent.

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PayPal boosts eBay Q2 results

Online auction giant eBay has posted a 26% rise in net income for the second quarter on the back of impressive growth at its PayPal unit.

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Swift to acquire SunGard's Ambit Messaging Hub

Interbank co-operative Swift is to buy SunGard's Ambit Messaging Hub, which offers banks and corporates a high volume interface to the international financial messaging network. Terms of the transaction were not disclosed.

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MSCI snaps up Measurisk

Fresh from its $1.5 billion acquisition of RiskMetrics, investment analysis and index firm MSCI has snapped up JPMorgan affiliate Measurisk, a provider of portfolio risk monitoring service to hedge funds.

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StatPro warns of looming data services sales slowdown

AIM-listed StatPro Group is reporting interim half-yearly figures in line with expectations, but warns of a return to long sales cycles in the data services market over the coming six months.