Major Indian IT firm TCS in talks to buy Deutsche’s Postbank tech unit
Postbank Systems provides IT services to Postbank, which Deutsche bought back in 2010.
Postbank Systems provides IT services to Postbank, which Deutsche bought back in 2010.
AxiomSL’s services cover more than 110 regulators across 55 jurisdictions.
Internal email suggests agreement was lost on nature of the merger.
Paystack has 60,000 business customers across Nigeria and Ghana.
Aussie fintech expands reach in the UK with Delta acquisition.
“Paynetics showed up as the white knight,” says Wirecard.
Goldman reportedly beats Barclays to nab consumer credit pool worth $8.5bn.
Crowdcube’s acquisition of Seedrs is set to create a £140 million equity crowdfunding player.
Major investor Warburg Pincus currently owns 45% of Avaloq.
The two have around two million merchants, and around 120 million cards.
Identity firm plans to boost its KYX platform.
Accounts payable firm plans to take firm grip of mid-market segment.
Russian tech giant plans to snap up the country’s largest online bank.
A flurry of share issuance, exchanges and buyouts as illimity nabs half of fintech firm Hype.
The deal is part acquisition, part strategic.
For every Bankia share, CaixaBank will exchange 0.6845 newly issued shares.
In July, the subsidiary went into voluntary administration.
The CMA’s concern with mergers and acquisitions is to do with the potential impact on UK customers.
UK challenger plans for future growth and acquisitions.
The EC had paused proceedings in July as it waited for data.
Update 10/09/2020: An asset purchase agreement with Railsbank subsidiary PayrNet Limited has been signed.
How to realise the full potential of IT integration: get your systems in order, be diligent about due diligence, and prepare for post-merger.
Any amendments would be the first for 25 years.
Tipping point: Google vs Oracle showdown.
Dutch technology firm plans international expansion with new suite of products.
Travis Skelly tells FinTech Futures all about how Citi Ventures evaluates ecommerce companies.
CaixaBank is about three times the size of Bankia.
Instead of sitting in deposits, Jiko customer money sits in Treasury Bills.
The market is pricing a more positive outlook for banks globally.
IDnow will keep the majority of the arm’s 150 employees.
The merger is expected to complete in Q2 2021.
“The US is a critical part of our global strategy,” says CEO.
Men’s toiletries brand makes a move into payments.
City First Bank in Washington and Broadway Federal Bank in Los Angeles are merging.
Know Your Money had some five million consumers and 1.2 million business clients in 2019.
FinTech Futures’ weekly news round-up.
Sendwave has a presence in East and West Africa.
JP Morgan has also made an undisclosed strategic investment in ConsenSys.
Xero’s shares hit more than AUD 100 on 25 August.
Matt Sattler, head of HSBC’s innovation labs, reveals what it takes to secure a deal with the bank.