M&A
M&A
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After calling off its bid to buy the data aggregator Plaid, the card network is shifting its focus back to its role as an enabler of digital payments and related services.
January 13 -
Visa and Plaid have terminated their tie-up and reached an agreement with the Department of Justice to dismiss the litigation brought against them when the deal raised antitrust questions.
January 12 -
Worldline's $10.9 billion acquisition of terminal and payments technology provider Ingenico last February marked the most notable payments transaction in 2020, according to the annual mergers and acquisitions data of the financial technology industry report from investment bank Berkery Noyes.
January 12 -
Flush with excess capital, Bank of Montreal, TD Bank and others say they might be in the market to do a cross-border deal.
January 11 -
Bank stocks have climbed because of expectations that the change of power in Washington will hasten vaccine distribution and speed the economic recovery. The boost could give executives more flexibility to pursue acquisitions or make other strategic moves.
January 11 -
BBVA’s acquisition of Simple, the first neobank, was closely watched as a possible model for others in the industry. But the shutdown last week of Simple has again stirred a debate about whether upstarts and traditional players can ever fit together.
January 11 -
NCR offered to buy Cardtronics for more than $1.7 billion, beating an earlier bid for the ATM operator from Apollo Global Management Inc. and a partner.
January 11 -
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The credit reporting firm has been building out its identity and fraud protection business for existing customers, which include many of the world’s largest banks and telecommunications companies.
January 8 -
After nine months of stockpiling capital to ensure they could withstand the strains of the pandemic, Canada's biggest banks are facing a new problem: how to spend all that extra money.
January 8