20 December 2014

Elizabeth Lumley

Elizabeth Lumley - Finextra

154Posts 566,976Views 164Comments

EBAday

EBAday is the annual event for European payments professionals run by Finextra in conjunction with the Euro Banking Association. This community has been created to deliver a forum for EBA delegates to exchange views on Sepa and new developments in payments processing.
A post relating to this item from Finextra:

ACI makes offer for S1

26 July 2011  |  9932 views  |  0
Payments outfit ACI Worldwide has made a $540 million cash and stock takeover move for S1 Corporation, urging the latter's shareholders to spurn a proposed merger with Fundtech.

Love triangle drama in Payments Close

27 July 2011  |  5674 views  |  1

Just when you thought payments couldn't stir up a bit of intrigue, the payments space gives us a juicy bit of M&A love triangle drama worthy of the cheesiest, Susan Lucci-top billing, daytime soap opera (those in the US know what I'm talking about).

The talk of this year's EBADay was "Who's going buy Fundtech?" A week or so later, we got our answer - S1. An answer that, frankly, surprised me - I had my money on ACI. 

Now, it looks like my money wasn't *that* far off. ACI has come in offering to buy up S1. However, the deal will only go through if, and here's where the bitchy, *cue the music* catch is - only if they let go of their desire to acquire Fundtech. "Lose the bit on the side, S1 love, and sugar daddy ACI will pay all your credit cards bills".

I'm predicting a show down involving a slap-fest and possibly an outdoor water feature. OK, so in reality, this will probably involve a room full of dark suited lawyers - but in my head I want George Ravich to get, at least, one scene with Susan Lucci. 

TagsPayments

Comments: (2)

George Ravich - CSC - Wilton | 27 July, 2011, 16:14

Liz - I want a scene like that too....can you arrange?

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Elizabeth Lumley - Finextra - London | 27 July, 2011, 16:57

I'll have her people call your people, George!

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Latest posts from Elizabeth

This year's scandal is brought to you by the forex market

03 November 2014  |  1905 views  |  0  |  Recommends 0 TagsTrade executionRisk & regulationGroupFinancial Risk Management

Revenue and Billing Management Sibos Roundtable

24 October 2014  |  1470 views  |  0  |  Recommends 0 TagsPaymentsRisk & regulationGroupFuture Finance

It takes 20 years to make a FinTech Diva

10 October 2014  |  1660 views  |  1  |  Recommends 3 GroupWhatever...

Tips to survive Sibos in Boston

01 September 2014  |  2133 views  |  0  |  Recommends 0 TagsSibosGroupWhatever...

What type of FinTech'er are you? Take the Quiz!

21 August 2014  |  1722 views  |  0  |  Recommends 1 TagsInnovationStart upsGroupFinance 2.0

Elizabeth's profile

job title Multimedia and Special Projects Editor
location London
member since 2009
Summary profile See full profile »
I am the multimedia and special projects editor at Finextra.

Elizabeth's expertise

Who is commenting on Elizabeth's posts

Ketharaman Swaminathan
Simon Taylor
Nektarios Liolios
Chris Lees
Sian Bentley