4073 articles tagged with this keyword
News/Findex
The London Stock Exchange is reporting a nine per cent slide in third quarter revenue as competition from rival execution venues intensifies.
21 January 2010
Tsys says it will cut more jobs this year after reporting a 9.2% fall in net income for the fourth quarter as revenue from electronic payment processing services fell.
Deutsche Bank's global transaction banking unit has agreed to take an eight per cent equity stake in cross-border payments outfit Eurogiro. Financial terms of the deal were not disclosed.
20 January 2010
Earthport chief executive officer James Bergman has resigned from the UK-based payments firm "with immediate effect", as rumours swirl about the future viability of the international money transfer business.
Deutsche Börse is to take a write-down of EUR200 million on its 2009 earnings following a poor showing in US equity options trading by the International Securities Exchange.
San Francisco-based online mobile payments start-up Boku has raised $25 million in a series c financing round led by Dag Ventures and joined by existing investors Benchmark Capital, Index Ventures and Khosla Ventures.
19 January 2010
E*Trade has acquired Cake Financial, an online investment club where users could import and track their data from multiple brokerages and share it with other people. Financial terms of the deal were not disclosed.
15 January 2010
Oberthur Technologies has acquired a service centre in Bogotá from local vendor Dyetron in a bid to take advantage of Colombia's EMV migration programme. Financial terms of the deal were not disclosed.
Misys has reported an 11% fall in revenues at its banking unit for the first half, although the gloom was partially offset by more encouraging news at the firm's healthcare and treasury and capital markets divisions.
14 January 2010
French smart card supplier Gemalto is to book an exceptional charge of up to EUR10 million in its 2009 results to cover financial claims stemming from a Y2K-related coding error that rendered millions of German payment cards unable to process the 2010 date-change.
13 January 2010
Liquidnet has made a strategic, unspecified, investment in OTR Global, an alternative research company providing market intelligence for institutional investors.
12 January 2010
Virgin Money has taken a decisive step into the UK retail banking market after agreeing to buy the small regional private bank Church House Trust for £12.3 million.
08 January 2010
Swiss core banking vendor Temenos has signed a definitive agreement to buy French rival Viveo for around $81 million.
06 January 2010
Financial information group Dow Jones is to combine its enterprise and consumer divisions in a shake-up that will see the departure of Clare Hart, president of the enterprise business, who had championed a Web-based distribution strategy for the group.
05 January 2010
Data storage provider EMC has agreed to buy Archer Technologies, a privately-held, governance, risk and compliance software firm with a strong financial services client base.
Connecticut-based fintech vendor SS&C Technologies has acquired Tradeware Global, a broker-neutral provider of systems for electronic access to global equity markets. Financial terms were not disclosed.
04 January 2010
Electronic multi-bank foreign exchange trading portal FXall has agreed to buy rival platform LavaFX from Citi. Financial terms of the deal were not disclosed.
Dubai Financial Markets (DFM) is to buy Nasdaq Dubai for $121 million in an effort to cut costs and restructure its business in the wake of the region's ongoing debt crisis.
22 December 2009
The London Stock Exchange is to take majority control of Turquoise and merge it with its own dark pool Baikal under a deal agreed with the rival MTF's investment bank owners.
21 December 2009
Heartland Payment Systems has agreed to a $3.6 million settlement with American Express relating to the criminal breach of the New jersey-based payments processor in 2008.
18 December 2009
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