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4073 articles tagged with this keyword

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Monitise prepares for growth with new investment and partnerships

Mobile money outfit Monitise has raised £15.8 million in funding and struck two new partnerships it hopes will help build its presence in the retail sector and Asia Pacific. The company also says it is on track to meet full year revenue expectations after record consumer uptake.

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BNY Mellon Asset Servicing establishes outsourcing group

The Bank of New York Mellon's asset servicing division has set up a dedicated global outsourcing group led by Lou Maiuri, CEO and chairman of Eagle Investment Systems.

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Advent prepping £3 billion bid for RBS payment business - The Times

Advent International has made an informal offer to buy Royal Bank of Scotland's global payment processing business in a deal that could value it at up to £3 billion, according to a report in the Times

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Interactive Data acquires 7Ticks; creates new real-time trading unit

Interactive Data is to acquire low latency trading specialist 7Ticks and create a new real-time market data and electronic trading group to capitalise on emerging opportunities in wealth management and auto-trading.

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Bloomberg buys energy data provider

Bloomberg has acquired New Energy Finance, a UK-based provider of news, data and analysis on renewable energy, carbon markets and nuclear power. Financial terms of the deal were not disclosed.

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Clear2Pay raises EUR50m

Belgian electronic payments outfit Clear2Pay has raised EUR50 million in an investment round led by New York private equity firm Aquiline Capital Partners.

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Saxo buys E*Trade Nordic business

Danish online investment bank Saxo has agreed to buy the Nordic business of E*Trade. Financial terms of the deal were not disclosed.

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Progress Software to slash workforce

Massachusetts-based enterprise technology provider Progress Software is set to cut its global workforce by between 12% and 14% in a bid to cut costs.

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Twitter founder Dorsey launches mobile phone credit card reader

Twitter co-founder Jack Dorsey has officially launched his new company, called Square, that sells a system to turn mobile phones into payment card readers.

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CBOE prepares to demutualise after settling suit

The Chicago Board Options Exchange (CBOE) has settled a long-running legal dispute with members of the Chicago Board of Trade (Cbot), paving the way for demutualisation within "days or weeks".

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Deutsche Börse abandons Warsaw Stock Exchange bid but Vienna still interested

Poland's treasury has called off the sale of a majority stake in the Warsaw Stock Exchange to Deutsche Börse and is instead planning an initial public offering.

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Nyse completes Nyfix take-over; shuts down Euro Millennium dark pool

Nyse Technologies has shut down the Euro Millennium dark pool following completion of its $144 million take-over of Nyfix.

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Thomson Reuters buys ESG data provider Asset4

Thomson Reuters has acquired Asset4, a Swiss provider of environmental, social responsibility and governance (ESG) data. Financial terms of the deal were not disclosed.

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Deutsche Börse to buy 75% stake in Tradegate Exchange

Deutsche Börse has agreed to buy a 75% stake in Tradegate, a Berlin-based MTF catering to the retail market that is set to become a regulated exchange early next year.

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Gremlins strike again at LSE; Chi-X rails at suspension, calls for total shutdown

The London Stock Exchange is once again grappling with technical problems on a day when its shares have taken a hammering on fears that Borse Dubai may be forced to dump its 20% stake in the UK market.

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Portrait swings to H1 profit

Aim-listed CRM vendor Portrait Software swung to a first half profit, boosted by a doubling of license sales and strong progress in the US market.

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Credit Agricole and Equens in payment processing 'merger' talks

France's Credit Agricole has signed an agreement to "explore the possibility" of merging its card and payment processing operations with Equens.

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Interactive Data to buy Online Financial Solutions assets from Dow Jones

Interactive Data has agreed to buy the assets of Online Financial Solutions (OFS) from Dow Jones.

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Citi to sell Diners Club North American business to BMO

Citi has signed a definitive agreement to sell its Diners Club North America card business to Bank of Montreal (BMO). Financial terms were not disclosed.

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Sterci to take 25% equity stake in Simplex

Swiss-based STP vendor Sterci is to acquire a 25% equity stake in back office software house and Swift Service Bureau operator Simplex Consulting.