Findex

4073 articles tagged with this keyword

All articles with this keyword
Apply Cancel
Monitise to raise £32m; extends Visa deal

/Findex

Monitise to raise £32m; extends Visa deal

UK mobile banking outfit Monitise has outlined plans to raise over £32 million in a share placing and subscription and extended its alliance with Visa.

Lord Levene venture eyes Lloyds online unit Intelligent Finance

/Findex

Lord Levene venture eyes Lloyds online unit Intelligent Finance

The new high street bank being set up by City grandees Lord Levene and Sir David Walker is eyeing up the acquisition of Lloyds' online unit Intelligent Finance, according to press reports.

IE agrees Documetric deal

/Findex

IE agrees Documetric deal

UK-based fintech vendor Intelligent Environments has outlined plans for a reverse takeover of Documetric, a provider of outsourcing services in finance and administration, including payments processing, content management and business intelligence.

Pitney Bowes closes in on £44.4m Portrait acquisition

/Findex

Pitney Bowes closes in on £44.4m Portrait acquisition

Pitney Bowes is on the verge of completing its £44.4 million acquisition of Aim-listed CRM vendor Portrait Software after its offer was accepted by stockholders accounting for over 89% of shares.

PFM pioneer Wesabe goes to the wall

/Findex

PFM pioneer Wesabe goes to the wall

Personal financial management pioneer Wesabe is to shut down its operations after running out of money.

DTCC buys reference data firm Avox; plans European trade reporting repository

/Findex

DTCC buys reference data firm Avox; plans European trade reporting repository

The Depository Trust & Clearing Corporation (DTCC) has acquired Avox, a UK-based reference data firm majority-owned by Deutsche Börse in a cash deal valuing the business at a "low double digit million GBP figure".

Spanish processors Sermepa and Redes propose merger

/Findex

Spanish processors Sermepa and Redes propose merger

Spanish card payments network processing operators Sermepa and Redes y Procesos have agreed a merger deal designed to pool resources and compete in a Sepa-based European market.

Xchanging to buy 51% stake in SIA-SSB's Kedrios unit

/Findex

Xchanging to buy 51% stake in SIA-SSB's Kedrios unit

UK business processor Xchanging is set to acquire a 51% stake in Kedrios, a unit of Italian e-payments group SIA-SSB that specialises in securities processing and fund administration services. Financial terms were not disclosed.

Broadridge buys City Networks

/Findex

Broadridge buys City Networks

Broadridge Financial Solutions has acquired City Networks, a long-standing UK-based provider of reconciliation, multi-asset process automation and operational risk management software and services to the finance industry. Financial terms were not disclosed.

PE groups bid for stake in Dubai payments processor - FT

/Findex

PE groups bid for stake in Dubai payments processor - FT

Several private equity firms are in the running to buy a minority stake in Network International, the Dubai payment processing business owned by local bank Emirates NBD, according to the Financial Times.

Citi to sell Canadian MasterCard business to CIBC

/Findex

Citi to sell Canadian MasterCard business to CIBC

Citi has agreed to sell its C$2.1 billion Canadian MasterCard credit card portfolio to CIBC as part of an ongoing effort to shed non-core assets. Financial terms were not disclosed.

Focus Solutions posts 20% FY operating profit rise

/Findex

Focus Solutions posts 20% FY operating profit rise

Focus Solutions, a UK-based provider of customer interaction software, has posted a 20% rise in full year operating profit and sounded a bullish note on plans for international expansion.

Misys to sell healthcare unit stake; analysts talk up break-up value

/Findex

Misys to sell healthcare unit stake; analysts talk up break-up value

Shares in Misys soared 20% in morning trading after the UK software vendor outlined plans to sell most of its stake in US healthcare subsidiary Allscripts for around $1.3 billion and return most of it to shareholders through a stock buyback.

Knight takes Equiduct stake

/Findex

Knight takes Equiduct stake

US broker Knight Capital is set to make a strategic investment in Equiduct, the pan-European equities trading platform majority-owned by Citadel. Terms of the deal, which remains subject to Equiduct shareholder approval, were not disclosed.

Fiserv moves into the front office with AdviceAmerica acquisition

/Findex

Fiserv moves into the front office with AdviceAmerica acquisition

Fiserv has moved to expand its investment services unit with the acquisition of AdviceAmerica. Financial terms of the deal were not disclosed.

EDB and ErgoGroup to merge

/Findex

EDB and ErgoGroup to merge

EDB Business Partner and ErgoGroup are set to merge, creating the largest information technology company in Norway.

First Derivatives to raise £3.3 million through share placing

/Findex

First Derivatives to raise £3.3 million through share placing

Capital markets tech house First Derivatives is to raise £3.3 million through a placing of 1.15 million shares

Thomson Reuters to acquire Complinet

/Findex

Thomson Reuters to acquire Complinet

Thomson Reuters is to acquire compliance information resource Complinet. Terms of the deal, expected to close in the second quarter, were not disclosed.

Diebold pays $25m over accounting fraud charges

/Findex

Diebold pays $25m over accounting fraud charges

ATM manufacturer Diebold has agreed to pay $25 million to settle Securities and Exchange Commission charges of fraudulent accounting designed to inflate earnings.

Sophis up for sale - Reuters

/Findex

Sophis up for sale - Reuters

Private equity firm Advent International has hired Credit Suisse to help sell Paris-based portfolio and risk management technology vendor Sophis, according to Reuters.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept