Report: Brace for consolidation trend in fintech
The fintech industry will see a wave of consolidations in the coming six to 12 months as banks grab up ...
Tag: mergers and acquisitions (M&A)
Microsoft acquires Nuance Communications for $16B
Software giant Microsoft announced today that it has acquired Nuance Communications in a $16 billion deal. Image: David Paul Morris/Bloomberg ...
Envestnet acquires Harvest Savings & Wealth Management for automated savings tools
Financial advice technology firm Envestnet today announced its acquisition of Harvest Savings & Wealth Technologies, a platform that provides automated ...
Santander avoids merger wave in favor of digital growth
Banco Santander SA is planning to sit out the wave of banking mergers sweeping its home market of Spain, opting ...
What does AmEx gain from Kabbage?
It seems small business lending fintechs are becoming a hot acquisition target. Reports surfaced yesterday that American Express is looking ...
PayPal said to find novel data prospects within Honey acquisition
PayPal has apparently unearthed a new revenue opportunity within its acquisition of Honey, a Morgan Stanley document shows. According to ...
Why Visa is Acquiring Earthport for its ACH Payments Business
Visa announced yesterday that it is acquiring the cross-border payment company Earthport. The question is why? The short of it ...
Banks Still Chomping for M&A After BB&T-SunTrust — But Not for Tech Reasons
Two months after announcing the largest bank deal since the financial crisis, BB&T and SunTrust Banks executives continued touting the ...
Bank CEOs Say Don’t Hold Your Breath for Predicted Wave of Deals
The biggest bank merger since the financial crisis -- February’s $28 billion tie-up between BB&T Corp. and SunTrust Banks Inc. ...
BB&T-SunTrust Faces Daunting Tech Integration After $66 Billion Merger
BB&T will inherit SunTrust Bank’s expansive technology as a result of its $28.2 billion all-stock acquisition of the bank announced ...
