4073 articles tagged with this keyword
News/Findex
Jack Henry & Associates has acquired Washington-based Pemco Technologies, a payment processor that mainly works with credit unions. Financial terms were not disclosed.
30 October 2009
Spain's Banco Santander is reaping the benefits of a mammoth IT integration programme at its UK banking subsidiaries Abbey National, Alliance & Leicester and Bradford & Bingley which have seen profits for the first nine months jump by a third to EUR1.3 billion.
28 October 2009
ING is to divest its successful Internet banking operation ING Direct in the US as part of an agreement with the European Commission on a mammoth restructuring plan to separate its banking and insurance activities worldwide.
26 October 2009
First Derivatives has acquired New Jersey-based data management outfit the Reference Data Factory for an initial consideration of $2.5 million, with an additional $7.5 million reserved for earn-out provision.
Trading systems vendor Fidessa is forecasting a slowdown in growth for the second half of 2009 as consolidation trends hit smaller customers and buy-side firms.
23 October 2009
Shares in NCR plummeted 15% in morning trading after the US ATM manufacturer posted an 81% fall in third quarter profit, slashed its full year outlook and outlined plans to lay off up to 10% of its staff.
22 October 2009
The Finextra50 Technology Index has reached 88.90. The majority of the Finextra50 companies are posting an increase in stock price.
20 October 2009
UK electronic payments company Earthport says its full year net losses more than doubled, to £7.3 million, in 2009 but claims business is now picking up.
Capital markets tech house First Derivatives has acquired a further 15% interest in Californian analytical database vendor Kx Systems for $7.5 million in a mixture of cash and shares.
19 October 2009
The technology division of Nyse Euronext has outlined plans to create 400 jobs at a new development facility in Northern Ireland.
India's Polaris Software Lab has agreed to buy banking software firm Laser Soft Infosystems in an all cash deal worth around Rs52 crores ($11 million).
15 October 2009
Thomson Reuters has completed the acquisition of regulatory news outfit Hugin Group BV from Nyse Euronext. The consummation of the deal comes as the UK news and information group agrees an offer for financial commentary business Breakingviews and market data rival Bloomberg scoops up distressed print title Business Week.
The future of LCH.Clearnet finally appears to be settled after shareholders in the London-based clearing house voted overwhelmingly in favour of a buyout proposal.
UBS has agreed to sell its Indian business processing outsourcing unit to Cognizant in a deal that also sees the Swiss bank and vendor sign a multi-year services contract. Financial terms were not disclosed.
New York-based fixed income broker dealer RW Pressprich & Co has taken an equity stake in software house CodeStreet.
13 October 2009
IBM has signed a deal to buy the core operating assets of Bank of America's mortgage servicing unit Wilshire Credit Corporation. Financial terms of the deal were not disclosed.
06 October 2009
Royal Bank of Scotland CEO Stephen Hester has pledged to spend some £6 billion on technology and marketing over the next five years as he bids to revive the fortunes of the distressed UK bank.
02 October 2009
The London Stock Exchange says it has entered into exclusive talks with pan-European equity trading platform Turquoise about a possible transaction.
01 October 2009
US bank Citi has opened a global research, development, innovation and learning centre at its offices in Dublin and earmarked $24 million for the development of an "intelligent payments" offering.
30 September 2009
Barclays has agreed to buy the Portuguese credit card business of Citi, as the UK bank looks to expand its presence in Western Europe.
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