Morgan Stanley sees threats to legacy core providers’ business models
Core banking providers FIS and Fiserv face pressure from banks' growing in-house tech investments as well as fintech competition, Morgan ...
Tag: First Data
As payments giants combine, Square narrows its focus
Mega-mergers in the payments sector appear to be leading Square to narrow its business focus and boost investment in its seller ...
Global Payments acquires TSYS for $21.5b
The consolidation wave among payments companies got a major boost today with Global Payments’ acquisition of Total Payments Systems (TSYS) ...
More Deals, Less Funding for Fintechs in Q1 2019
The number of fintech funding deals in the first quarter this year recovered from the previous quarter's dip, but it's ...
3 Notable M&A Deals in Payments
Two of the biggest M&A deals in fintech history occurred in the past three months: Fiserv Inc's $22 billion purchase ...
FIS’s $34 Billion Bid for Worldpay Drives Payments M&A Spree
Fidelity National Information Services Inc. agreed to acquire Worldpay Inc. for about $34 billion in cash and stock, the biggest ...
Fiserv Enjoying Zelle’s Growth While Expecting More
Fresh off its January announcement to acquire payments processor First Data Corporation, financial technology vendor Fiserv seems to be banking ...
Bank Innovation’s Top 3 Posts in January
January marked a busy start to the year for banking and fintech. It was a month full of acquisitions and ...
Fiserv-First Data Megadeal Includes $500 Million Innovation Spend
Fintech provider Fiserv said today that it will purchase payment processor First Data Corporation in a massive $22 billion deal, ...
Dream Payments Is Gearing Up for U.S. Market Expansion
EXCLUSIVE - Cloud-based payment processing platform, Dream Payments is marshaling forces for a major U.S. launch next month. The payments platform, ...
