Mergers and acquisitions

3353 articles tagged with this keyword

/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.

/Mergers and acquisitions

Deutsche Bank confirms sale of PostBank IT unit to TCS

Deutsche Bank and Tata Consultancy Services (TCS) today announced an agreement concerning the sale of Postbank Systems AG to TCS.

/payments

Shift4 Payments acquires 3dcart

Shift4 Payments (NYSE: FOUR), a leading provider of payment processing and technology solutions, has announced the acquisition of 3dcart, a powerful ecommerce platform serving over 14,000 businesses, to deliver a unified commerce solution to the company’s customers.

/payments

Lightspeed to acquire ShopKeep

Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced it has entered into a definitive agreement to acquire ShopKeep Inc. (ShopKeep), a leading cloud commerce platform provider based in New York City.

/payments

DoJ sues to block Visa's Plaid acquisition

The US Justice Department has sued to block Visa's $5.3 billion acquisition of bank data sharing startup Plaid, citing competition concerns. Visa says the effort is "legally flawed and contradicted by the facts".

/regulation

Rimes acquires EBR Analytics

RIMES Technologies Corporation (RIMES) announces the acquisition of EBR Analytics (EBR), a Benchmarks Regulation (BMR) focused RegTech company based in London, UK, confirming RIMES’ commitment to invest in serving the needs of financial sector firms as they look to solve business-critical regulatory challenges through advanced, data-centric managed services.

/payments

PayPoint acquires Handepay and Merchant Rentals

PayPoint is pleased to announce that it has signed an agreement to acquire Handepay Limited (“Handepay”) and Merchant Rentals Limited (“Merchant Rentals”), leading card payments and card terminal leasing businesses, from a consortium of private investors.

/Mergers and acquisitions

Tink completes acquisition of Eurobits

Tink completes its acquisition of the Spanish account aggregation provider Eurobits Technologies (Eurobits).

/regulation

Nordic Capital acquires RegTech from BearingPoint

Nordic Capital is to acquire BearingPoint's RegTech business, a regulatory reporting platform used by more than 6000 firms including banks, insurance companies and supervisory authorities.

/payments

Nuvei completes acquisition of Smart2Pay

Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced it has completed the previously announced acquisition of Smart2Pay Global Services B.V. (“Smart2Pay”).