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News/Findex
French IT group Sopra has agreed to buy a majority stake in Belgian banking software vendor Callataÿ & Wouters (C&W). Financial terms were not disclosed.
16 February 2012
Nyse Euronext has agreed to acquire a 25% stake in UK trading technology outfit Fixnetix. Financial terms of the deal were not disclosed.
Shares in Misys have moved up on rumours that private equity firms are running the rule over the UK vendor's proposed merger with Swiss core banking rival Temenos.
14 February 2012
UK-based mobile banking firm Monitise is considering a float on Nasdaq, having outgrown its listing on London's AIM market, according to the Financial Times
Private equity firm Carlyle Group has agreed to sell UK cash handling business Talaris to Japan's Glory for around £650 million, nearly doubling its four-year old investment in the former De La Rue division.
Deutsche Börse has set out plans to create a new business unit that will be responsible for all data and information technology activities. The division will be led by a new person, with current IT chief Michael Kuhn leaving the company.
Thomson Reuters has swung to a fourth quarter operating loss thanks to a $3 billion goodwill impairment charge related to its struggling financial services business.
09 February 2012
Dwolla, the Des Moine, Iowa-based start up that is bidding to build a competing digital payments network to match PayPal, Visa and MasterCard, has raised $5 million in a series B funding round led by Union Square ventures.
08 February 2012
Core banking vendors Misys and Temenos have agreed the key terms for their proposed merger, with shareholders of the UK firm taking 53.9% of the combined group and the Swiss outfit the remaining 46.1%.
Goldman Sachs is preparing to spin off its Redi Technologies unit, inviting other banks and brokers to take a stake in the business, according to Dow Jones.
07 February 2012
Connecticut-based fintech vendor SS&C Technologies says it is considering a move to buy GlopeOp Financial Services, despite the latter striking a £508 million deal with TPG Capital last week.
06 February 2012
Struggling UK exchange operator Plus Markets has put itself in the shop window, commencing a formal sales process to identify potential investors.
03 February 2012
UK core banking vendor Misys has confirmed that it has begun talks with Swiss rival Temenos about a possible all share merger.
Facebook pulled in revenues of $557 million from its payments business in 2011 as its decision to force games developers to use its virtual currency bared fruit, according to the social network's IPO filings.
02 February 2012
Vista Equity Partners has completed the acquisition of Thomson Reuters' trade and risk management technology business, re-branding the unit Turaz.
01 February 2012
Transactional advertising outfit TrialPay has secured $40 million in a funding round joined by payments giant Visa.
31 January 2012
ATM manufacturer NCR has taken a minority equity stake in Utah-based video banking outfit uGenius. Terms of the investment were not disclosed.
Personal finance management (PFM) outfit HelloWallet has raised $12 million in a series b funding round led by Morningstar and TD Fund.
26 January 2012
Banking software house Misys is to cut £8 million from its operating costs over the next year after a 'challenging' first six months trading which saw a slowdown in sales in Western Europe.
Banking giant Citi has used its investment arm to take a strategic stake in Plastic Jungle, an online exchange for gift cards. Terms of the deal were not disclosed.
19 January 2012
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