40 Remarkable Fintech Statistics That Will Shape 2020 and Beyond For years now, global finance leaders have regarded fintech as the great disruptor, a digital force that threatened to bring unprecedented changes to the industry. Time has proved their fears justified, as the last decade has seen more progress in finance technology than the past…
Companies have entered into a business combination agreement in which Diebold will launch a voluntary public tender offer for all of Wincor Nixdorf’s outstanding shares Brings together leading global innovators in banking and retail technologies in rapidly transforming industries Combined company will deliver fully integrated and transformative solutions in value-added services, branch automation…
With PAY.ON, ACI bolsters end-to-end eCommerce payments capabilities, delivering the most complete omni-channel payments experience 4 November 2015 – ACI Worldwide, a leading global provider of electronic payment and banking solutions, and PAY.ON, a leader in eCommerce payment gateway services, today announced that they have entered into a definitive transaction agreement. Under the terms…
The Payments Industry acquisition trail continues with yet another large multi-billion revenue player cherry picking off a smaller product company with modern technology and existing complementary tier 1 customer base: Key Facts – FIS has signed a definitive agreement to acquire Brussels-based Clear2Pay. – The addition of Clear2Pay will bolster FIS’ global payments capabilities across…
Article by Richard Buckle The papers this week have been full of stories about baseball trades, as teams review their prospects for the post-season. Traditional powerhouses are looking over their shoulders at perennial challengers while teams that have never tasted the “big leagues” look on longingly. It was against this background that I finally got…
With ReD, ACI better equips multiple segments globally as they address disruption in the ecommerce market NAPLES, FLA — August 12, 2014 — ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions, announced today that it has completed the acquisition of Retail Decisions (ReD), a leader in fraud prevention solutions.…
Nets, Scandinavia, the household name in payments processing has agreed on March 24th, 2014, its sale to a consortium of Private Equity players; Advent International, ATP and Bain Capital. Advent and Bain Capital already owning Worldpay, the Merchant Services business bought from RBS in 2010. ATP being a Danish Pension Fund. Nets over recent years…
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, for a purchase price of $1.65 billion. According to NCR,…
The long-established payments infrastructures of the world are immensely powerful beasts and seem to have got their strategy right. As a platform they appear to be designed to stem any immediate threat from new entrants by being both awkward and costly to work with. These infrastructure players have a formidable arsenal of weapons to protect…
Over the last 4 years we have seen the payments industry in “disruptive change”. Well established organisations have all been challenged by alternative players and all are moving through change cycle stages with varying degrees of speed and success. What appears to be most interesting now is that several of the established players are reaching…