A combination of Yahoo Inc. and Checkfree Holdings Inc., which Yahoo is rumored to be pursuing, would threaten financial institutions, some observers said.

Yahoo is said to have designs on becoming a banking and financial services hub to strengthen its hand as the largest of the Internet portals.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.