4073 articles tagged with this keyword
News/Findex
In an open letter to customers, Bats CEO Joe Ratterman cites an "erosion of investor confidence" as the reason for the exchange pulling its plans to go public following a humiliating technical breakdown on the opening day of trading.
26 March 2012
UK mobile money outfit Monitise has agreed a £109 million, all-share deal to buy privately-held US counterpart Clairmail.
Orc Group, the Swedish trading systems firm recently acquired by private equity house Nordic capital, is to part company with its CEO and demerge previously acquired businesses Neonet and CameronTec.
22 March 2012
Having killed off a proposed merger with Temenos, core banking vendor Misys has agreed a £1.27 billion cash deal to be acquired by Vista Equity Partners.
19 March 2012
The investment arm of giant Spanish telco Telefónica has participated in a $35 million funding round in San Francisco-based mobile payments startup Boku.
15 March 2012
Connecticut-based fintech vendor SS&C Technologies appears to have won the battle for GlopeOp Financial Services with a 485 pence a share cash offer, trumping an earlier bid from TPG Capital.
14 March 2012
The Currency Cloud, a UK-based start-up offering foreign exchange payments automation, has raised $4 million in a series a funding round led by Atlas Venture.
Social trading platform eToro has raised $15 million in a funding round led by Spark Capital.
13 March 2012
Swiss core banking vendor Temenos has pulled out of merger talks with Misys in the face of competition from two rival bidders for its British competitor.
12 March 2012
Green Dot, the US prepaid card outfit with designs on entering the retail banking market, has agreed a deal to buy Loopt, a location-based mobile rewards marketing specialist, in a cash deal worth $43.4 million.
09 March 2012
The London Stock Exchange is to acquire a majority 60% stake in LCH.Clearnet in a deal valuing the clearing house at EUR813 million.
Visa Europe is set to take a 15% equity stake in Mobile Money Network (MMN), a joint venture between Monitise, retailer Best Buy Europe and Carphone Warehouse founder Charles Dunstone.
07 March 2012
UK-based payment technology vendor CreditCall has completed a management buy-out with the backing of FF&P Private Equity and Bestport Ventures. Financial terms were not disclosed.
05 March 2012
Core banking vendor Misys is in talks with its largest shareholder, ValueAct Capital, and private equity firm CVC Capital Partners about a potential joint takeover offer.
Thomson Reuters has agreed to sell off Portia, its middle-to-back office investment operations platform, to SS&C Technologies for $170 million.
29 February 2012
Oberthur Technologies has entered exclusive negotiations to buy US mobile money specialist MoreMagic Solutions. Financial details have not been disclosed but MoreMagic's major shareholders, including Battery Ventures and Vision Capital, are backing the deal.
28 February 2012
Banks that let customers pick their own PINs and fail to 'blacklist' the most common variations are putting them at risk, according to a paper from Cambridge University researchers.
23 February 2012
Misys' proposed marriage to Swiss core banking rival Temenos could be on the rocks after the UK banking software vendor confirmed that it has received an approach from Vista Equity Partners.
20 February 2012
Nyse Euronext and CME Group have both submitted bids for the London Metals Exchange (LME), according to Bloomberg.
17 February 2012
Swedish fintech vendor Orc Group has filed to delist from Nasdaq OMX Stockholm after a public tender offer from Nordic Capital was accepted by stockholders controlling over 98% of its shares.
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