Oracle wades into the Retail Payments disruption purchasing MICROS

Columbia, MD – June 23, 2014—MICROS Systems, Inc. (NASDAQ:MCRS), a provider of information technology solutions for the hospitality and retail industries, today announced that it has entered into a definitive agreement to be acquired by Oracle. Under the terms of the agreement, MICROS stockholders will

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European ATOS to IPO Worldline valued at $3 billion, then onto Acquisition Trail

Source – Bloomberg Atos (ATO), a French computer-services provider, will split off its Worldline unit in an initial public offering valuing the business at about $3 billion, seeking to capitalize on demand for electronic paying. The IPO is set to raise about 610 million euros

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SEB to sell Euroline card acquiring business to Nordic Capital

Source – SEB – 28 May 2014 – As the leading Nordic corporate bank SEB offers corporate customers a broad range of products and services, where efficient payment solutions form an important part. SEB is the leading provider of corporate cards in the Nordic countries,

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MasterCard acquires Switch company ElectraCard

MasterCard has announced that it has entered into an agreement with Opus Software Solutions Pvt. Ltd.,  (“Opus”) to acquire its subsidiary, ElectraCard Services Private Limited, (“ECS”), a leading global provider of software solutions and processing services for electronic payment and card systems. MasterCard previously had

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Apple said to be ‘serious’ about Payments

Apple continues to hit the rumour mill. The latest article on CNET made me comment with the following: “The question to me is not whether Apple will expand their payments capability, as that seems inevitable, but more the question is whether Apple will dare to

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PayX News Bulletin – Alaric acquired by NCR in strategic trade sale for $84m

On 2nd December 2013, NCR Corporation announced that it has completed the acquisition of Alaric Systems Limited for a purchase price of approximately $84 million, and has also entered into a definitive agreement with Digital Insight Corporation, a leader in online and mobile banking solutions,

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ACI Worldwide Paves the Way to True Enterprise Payments with Universal Payments Platform

We thought this article was worth sharing as ACI unveil their future payments strategy. Let us know what you think of this news and how it might affect the payments industry   Monday, April 22, 2013 NAPLES, FLA—April 22, 2013— ACI Worldwide (NASDAQ: ACIW), a

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