SIX Group has reportedly hired JPMorgan to run the rule over its payments services unit as it looks to capitalise on the M&A deal frenzy in the payments processing market.
SIX Payment Services Ltd is purchasing from Aduno Group the business unit Aduno SA, responsible for acquiring and terminal business (card acceptance and processing).
SIX Payment Services is buying the Frankfurt-based girocard network operations business from VÖB-ZVD Processing GmbH, a subsidiary of Deutsche Postbank AG.
Synechron, a global financial services consulting and technology services provider, has signed a Calypso implementation agreement with the SIX Group Ltd., a financial services provider and Swiss Stock Exchange operator.
The platform developed by SIX, in close consultation with the industry, enables the electronic and efficient exchange of regulatory data and documentation between wealth managers, assets managers, banks and other market participants.
Jürg Weber, division CEO SIX Payment Services outlines the business imperative for consolidating and sharing common bank back office functions as the Swiss bank ATMfutura project comes to fruition.
As part of SIX Group’s recently announced ATMfutura project, this summer Swiss banks will begin piloting universal, vendor-neutral software developed by NCR Corporation (NYSE: NCR) to improve usability, reduce costs and enable faster updates.
SIX Payment Services (SIX), a European leader in cashless payments, has, for the second year running, enabled cashless payment across the recent Fifteen Seconds Festival.
SIX Payment Services (SIX), a European leader in cashless payments and official partner of this year’s Vienna Life Ball has enabled the mega event to be cashless for the first time in its history. The Life Ball is one of the world’s most recognized annual AIDS charity events, for which Vienna’s prestigious town-hall and City Hall Square was transformed into a huge festival location on June 10th.
SIX Securities Services has expanded its service offering by launching Advanced Settlement enabling financial institutions to process their settlement instructions directly from the trading system – on a fully automated, STP and real-time basis – via a single interface.
© Finextra Research 2017