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Monitise sales surge; pledges to double revenues in FY10

Monitise sales surge; pledges to double revenues in FY10

Mobile money outfit Monitise is reporting an 80% increase in revenue to £2.7 million (2008: £1.5m), and a reduction in adjusted operating loss, excluding share based payments, to £12 million (2008: loss £12.8m) for the year ending June 2009, as customer numbers surged.

25 August 2009

Tibco buys DataSynapse

Tibco buys DataSynapse

California-based Tibco Software has acquired privately-held grid and cloud computing vendor DataSynapse in a cash deal worth around $28 million.

24 August 2009

Monitise takes full control of Monilink network

Monitise takes full control of Monilink network

Monitise has bought out joint venture partner VocaLink to take full control of UK mobile banking and payments network Monilink. Monitise will pay an initial £1.5 million in cash over three years for debt-free, 100% ownership of the network.

24 August 2009

Jambool raises $5m for virtual currency platform Social Gold

Jambool raises $5m for virtual currency platform Social Gold

Jambool, the company behind Social Gold, a virtual currency platform used for online games and applications, has raised $5 million in a series b financing round led by Madrona Venture Group.

18 August 2009

Jack Henry to buy Goldleaf

Jack Henry to buy Goldleaf

US payments processor Jack Henry & Associates has agreed to buy Goldleaf Financial Solution in a cash deal worth around $19.1 million.

17 August 2009

Mint raises $14m in series c financing round

Mint raises $14m in series c financing round

San Francisco-based online personal finance outfit Mint has raised $14 million in a series c financing round led by Dag Ventures.

13 August 2009

SunGard cautiously optimistic despite Q2 net loss

SunGard cautiously optimistic despite Q2 net loss

Despite swinging to a net loss for the second quarter, SunGard says its overall performance was "better than we expected" with broker/dealer business providing a notable bright spot.

07 August 2009

Market data rivals battle for share of wallet as terminal sales wilt

Market data rivals battle for share of wallet as terminal sales wilt

In an unprecedented announcement, Bloomberg has admitted to a fall in terminal numbers, revealing a four per cent drop from November last year. The statement was released late Tuesday, the day before the publication of second quarter 2009 results from Thomson Reuters, which highlight the positive outlook in the diversified vendor's non-financial services professional division.

06 August 2009

Nasdaq OMX profit slides on market share declines and write-offs

Nasdaq OMX profit slides on market share declines and write-offs

Nasdaq OMX has posted a 31% drop in quarterly profits as the transAtlantic exchange operator incurred some $35 million in charges and saw its market share in US stock trading drop for the fifth successive quarter.

06 August 2009

Société Générale to centralise global IT infrastructure

Société Générale to centralise global IT infrastructure

In a bid to improve operational efficiency across the bank, Société Générale is centralising its IT infrastructure management into a new Global Technologies and Services (GTS) division.

06 August 2009

Bank of America sells B2B e-payment and invoice business to Bottomline

Bank of America sells B2B e-payment and invoice business to Bottomline

Bank of America is selling its business-to-business electronic payment and invoice network, PayMode to Bottomline Technologies as part of a multi-year agreement with the vendor. Financial terms were not disclosed.

06 August 2009

Thomson Reuters buys Vhayu

Thomson Reuters buys Vhayu

Thomson Reuters has acquired California-based market data technology vendor Vhayu Technologies. Financial terms of the deal were not disclosed.

03 August 2009

Temenos cost-cutting takes bite out of revenue dip

Temenos cost-cutting takes bite out of revenue dip

Despite recording a 15% decline in revenue for the second quarter, Swiss core banking supplier Temenos says its cost cutting programme has left it in a strong position to navigate the downturn.

03 August 2009

Nyse Euronext swings to loss on LCH.Clearnet payment; plans tech job cuts

Nyse Euronext swings to loss on LCH.Clearnet payment; plans tech job cuts

Nyse Euronext has swung to a net loss of $182 million for the second quarter - mainly due to a $355 million severance payment made to LCH.Clearnet - and warned of impending job cuts for technology staff.

30 July 2009

IBM to buy SPSS for $1.2bn

IBM to buy SPSS for $1.2bn

IBM has agreed to buy Chicago-based predictive analytics software and services firm SPSS in a cash deal worth around $1.2 billion.

28 July 2009

RBS WorldPay sells German POS acquiring business to easycash

RBS WorldPay sells German POS acquiring business to easycash

The Royal Bank of Scotland's German domestic acquiring arm, RBS WorldPay, has sold its merchant point-of-sale portfolio to local outfit easycash. Financial terms of the deal were not disclosed.

24 July 2009

Oracle to buy GoldenGate

Oracle to buy GoldenGate

Oracle has agreed a deal to buy GoldenGate, a provider of real-time data integration software that counts Bank of America and VocaLink among its customers. Financial terms were not disclosed.

24 July 2009

Equinix buys Frankfurt data centre as demand from financial firms builds

Equinix buys Frankfurt data centre as demand from financial firms builds

Equinix has acquired a data centre in Frankfurt and outlined plans to expand one of its New York sites on the back of strong demand from financial services firms.

23 July 2009

Wincor Nixdorf suffers during economic crisis

Wincor Nixdorf suffers during economic crisis

Shares in Wincor Nixdorf slipped 6.5% in morning trading after the German ATM vendor posted disappointing third quarter results and warned that business is "declining" during the economic crisis.

22 July 2009

Citi opens Singapore operations and technology hub

Citi opens Singapore operations and technology hub

Citi has opened a global operations and technology hub in Singapore that houses 2000 staff supporting various bank businesses across 40 countries.

21 July 2009