Mergers and acquisitions

3462 articles tagged with this keyword

/retail

Sopra Steria in talks to acquire Fidor Solutions

Sopra Steria has entered exclusive negotiations to acquire Fidor Solutions, the software subsidiary of Fidor Bank.

/payments

Mastercard closes Finicity acquisition

Mastercard (NYSE: MA) today announced it has completed its acquisition of Finicity, a leading North American provider of real-time access to financial data and insights.

/payments

Mogo buys Carta Worldwide

Vancouver's Mogo is buying Toronto-based digital payments outfit Carta Worldwide in an all share deal worth C$24.2 million.

/crime

Nasdaq to acquire anti-financial crime group Verafin for $2.75 billion

Nasdaq is to acquire anti-financial crime group Verafin for $2.75 billion, accelerating the US exchange's evolution into a Saas technology provider.

/wholesale

IBM to acquire SAP consulting partner TruQua

As part of IBM's hybrid cloud growth strategy to drive digital transformation for clients, IBM (NYSE: IBM) today announced it has reached a definitive agreement to acquire TruQua Enterprises, LLC, an IT services and consulting SAP development partner that specializes in delivering finance and analytics solutions to Fortune 500 companies. Financial terms were not disclosed.

/regulation

Kaizen Reporting acquires Single Rulebook

Leading regulatory reporting assurance firm Kaizen Reporting (Kaizen), developer of the multi-award-winning assurance service, ReportShield, today announced the acquisition of Single Rulebook, the brainchild behind the integrated software solution for the management of regulatory rules. The price of the transaction was not disclosed.

/payments

SumUp acquires London-based Goodtill

Global payments service provider SumUp today is announcing it has acquired leading POS software provider Goodtill for an undisclosed amount, in a move that underlines SumUp’s long-term commitment to the growth and development of its restaurant and hospitality sectors.

/wealth

FNZ acquires South African wealth administrator Silica

FNZ is to expand the accessibility of wealth management services in the South African market with the acquisition of third party administrator Silica.

/markets

Deutsche Börse buys majority stake in ISS for ESG play

Deutsche Börse has agreed to buy an 80% stake in governance, ESG data and analytics provider Institutional Shareholder Services (ISS) in a deal that values the firm at nearly $2.3 billion.

/payments

Santander acquires Wirecard merchant technology assets

Banco Santander has acquired technology assets from the European merchant payments business of disgraced German payments processor Wirecard.

/regulation

DoJ clears Mastercard's Finicity takeover

We have been notified that the Department of Justice completed its review of our planned acquisition of Finicity and has cleared it to move forward.

/markets

PwC spins out fintech unit

Big Four accountancy firm, PricewaterhouseCooper (PwC), has spun off its financial data capture technology unit amid a regulatory crackdown on perceived conflicts of interest.

/Mergers and acquisitions

PNC agrees $11.6 billion to deal to acquire BBVA USA Bancshares

The PNC Financial Services Group, Inc. (NYSE: PNC) and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, S.A. (NYSE and MAD: BBVA) today announced that they have signed a definitive agreement for PNC to acquire BBVA USA Bancshares, Inc., including its U.S. banking subsidiary, BBVA USA, for a purchase price of $11.6 billion to be funded with cash on hand in a fixed price structure.

/payments

Nexi and Nets agree framework for merger

Following the announcement made on 2 November 2020, Nexi, the PayTech leader in Italy, and Nets, a leading integrated Pan-European PayTech player, active in 20 countries and controlled by a consortium of private equity firms led by Hellman & Friedman (“H&F”), announce today that they have signed a framework agreement (“FA”) regarding the combination of the two groups through an all-share merger (the “Merger”).

/markets

Goldman Sachs in talks to acquire Trading Technologies

Goldman Sachs is reportedly in advance talks for a $500 million takeover of Trading Technologies.

/payments

UK earnings-on-demand outfit Hastee to acquire Spanish counterpart Typs

Hastee, the leading earnings on demand company, has agreed to acquire Typs, their Spanish counterpart, to accelerate growth across Southern Europe and beyond.

/startups

United Fintech bids to transform capital markets

A new venture, called United Fintech, has set its sights on buying up a slate of capital markets fintechs and helping them sell their products and services to the world's big financial institutions.

/markets

ION gets greenlight for Broadway takeover

ION Group's offer to offload Broadway Technology's fixed income business has appeased the UK's competition watchdog, which has now cleared the acquisition of the rest of the company.

/Mergers and acquisitions

Smarsh acquires Digital Reasoning

Smarsh, enabling organizations to manage risk and uncover value within their electronic communications, announced the acquisition of Digital Reasoning, a global leader in natural language processing (NLP), artificial intelligence (AI), and machine learning (ML), at the 2020 FINRA Artificial Intelligence Virtual Conference.

/payments

Blackhawk Network acquires NGC

Today, global branded payments provider Blackhawk Network announced that it has completed its acquisition of National Gift Card (NGC), one of North America's largest card and prepaid technology companies. The acquisition broadens Blackhawk's prepaid and gift card offerings and integrates NGC's best in class fulfillment capabilities into Blackhawk's operations.