ING makes 75% incision in Payvision
Looks for growth and to broaden its payment product portfolio.
Looks for growth and to broaden its payment product portfolio.
The BSI business was moved from Avaloq Banking Suite onto Temenos’ T24.
Wipro is acquiring a $9.9 million minority stake in omnichannel marketing services firm Harte Hanks.
How to stay competitive among other brick-and-mortar operations.
They’re still friends – LSE will remain a customer of Exactpro.
Digital currency wallet Coinbase looks for growth.
Buys OnPlanU and OnPlan Health, both subsidiaries of OnPlan Holdings.
Buys 80% of the capital of Stockholm-based insider list management firm.
SkipFlag uses deep learning to help enterprises make sense of data they collect each day.
US investment firms go for an all-cash transaction, which includes Blackhawk’s debt.
Los Angeles-based investment bank to acquire UK independent advisory firm.
Looking for more market opportunities for outsourcing in financial services.
Plans to integrate X15 Software’s platform into its own security tools.
US deal means it can extend its financial software and services to consumers making a major purchase.
UPDATE. Purchase completed following regulatory approval from the Bank of England.
Ta-da! Making its intentions clear with acquisition of Toronto-based artificial intelligence (AI) company.
Swiss firm buys 100% of Innofis – a digital banking supplier for the Middle East.
Buys loan assets as it seeks to strengthen its presence in North America.
Wealthtech firm FolioDynamix is now part of Envestnet.
Enjoy some of the major payments projects in 2017.
The big data analytics start-up could help AWS add an additional layer of security to its public cloud.
The acquisition is expected to close in Q1 next year.
Story needs more double entendres.
An attempt to create an industry powerhouse in the markets for cybersecurity and digital products.
Looking to take some of the pain out of managing multicloud environments.
The Moneycorp Group will acquire Brazilian foreign exchange business Novo Mundo Corretora de Cambio, and UK-based currency firm First Rate FX.
Coming straight after yesterday’s (29 November) fun and games, here’s another quick summary of the blockchain and Bitcoin action. Features the European Central Bank, Tieto, Coinsilium Group and StartupToken. Well, Bitcoin went past $11,000. And then dropped. As you read this it will have changed again. So, opinions are aplenty. And… banks should speed up […]
Rapid changes are occurring in the wealth management space and the level of disruption in how advice and capital are managed is only beginning. Wealth management is a monumental industry. The players in the space run the gamut from gigantic hedge funds to individuals who manage their own investments. This changing wealth management landscape is driving a significant uptick in transactions.
Earlier this year, Hewlett Packard Enterprise (HPE) went on an acquisition spree meant to help the company improve its standing in the data centre market with products to address a range of issues customers faced as they moved to the cloud, reports Enterprise Cloud News (Banking Technology’s sister publication). Now, one of those deals is […]
Indian tech vendor L&T Infotech (LTI) has acquired Syncordis, a Luxembourg-based core banking implementation specialist, for €15 million.
It wasn’t spotted on Craigslist but here’s an unusual request. If you are the owner of a small or medium-sized bank in the US and are ready to sell it completely (or partially) – you have a buyer! Vladislav (aka Slava) Solodkiy, managing partner at venture capital (VC) firm Life.Sreda, is being refreshingly direct and […]
US firm Alogent has acquired a Texas-based digital banking tech vendor, Jwaala, for an undisclosed amount. Alogent, which is based in the US state of Georgia, says it will continue to support Jwaala’s collection of solutions, which will be marketed under the new name, Alogent Digital. Dede Wakefield, Alogent CEO, describes the acquisition as “the […]
Raiffeisen, the third largest banking group in Switzerland, is selling its 10% stake in core banking tech vendor Avaloq to private equity firm Warburg Pincus.
Communications compliance and analytics company Actiance has made its exit this week. The California-based company has been acquired by K1 Investment Management, an investment firm focused on acquisition-based growth opportunities, reports Julie Muhn at Finovate (Banking Technology’s sister company). K1 will join Actiance with its rival, Smarsh, which specialises on archiving compliance. The combined company will reach […]
BNP Paribas Asset Management (BNPP AM) has acquired a 10% stake in European credit provider Caple, allowing for a partnership to offer alternative credit to European small and medium-sized enterprises (SMEs).
Amazon is selling off a portion of its cloud computing business in China to a local partner, but the company still plans to compete in what is a growing market for cloud-based services and infrastructure, reports Enterprise Cloud News (Banking Technology’s sister publication). Beijing Sinnet Technology will buy a portion of Amazon’s cloud business for […]
Talend, which specialises in big data and cloud integration, is acquiring the outstanding shares of Restlet SAS, a France-based company that specialises in API design and testing, reports Enterprise Cloud News (Banking Technology‘s sister publication). Although no financial details were released, all 16 members of the Restlet staff along with the company’s founder will join […]
Digital performance management company Dynatrace has acquired Qumram, a digital interaction audit solutions provider, for an undisclosed amount. With the addition of Qumram’s technology and intellectual property, Dynatrace says it will provide the ability to visually replay a user session within its existing platform. Qumram’s product will be re-engineered and will form part of an […]
A major financial institution in India is looking to make a fintech “acquihire” (an acquisition of a company primarily for the skills and expertise of its staff, rather than for the products or services it supplies).
SoftBank has revealed plans to increase its stake in Sprint shortly after abandoning efforts to merge the US telco with local rival T-Mobile US, reports Light Reading (Banking Technology‘s sister company). The announcement came as the Japanese company reported a sharp increase in operating profits for the April-to-September period thanks to investment activities by its $98 […]