FinTech Futures: Top five news stories of the week – 15 November 2024
Our pick of the top fintech news stories this week includes Klarna, Ualá, Visa and more.
SIX Group
SIX Group agrees £194m deal to acquire UK’s Aquis Exchange
The deal will see each Aquis shareholder receive 727 pence in cash per share.
SIX picks Know Your Customer to support supplier risk calculations
Maintaining due diligence on market participants a high priority for SIX.
Euronext and SIX head-to-head in race to acquire Madrid exchange
A bidding war could develop between the two firms.
SIX buys girocard network
SIX Payment Services is buying the Frankfurt-based girocard network operations business from VÖB-ZVD Processing, a subsidiary of Deutsche Postbank, reports Paybefore, Banking Technology‘s sister publication. The agreement provides for the customer relationships, employees and assets of the network operations business being transferred in full to SIX Payment Services as part of the acquisition. The terms of […]
Synechron signs Calypso post-trade deal with SIX
Swiss financial services provider SIX has selected Synechron as the systems integrator for the Calypso v15 solution as an update to its post-trade services. The deal is part of the SFR (securities finance renewal) programme, with the objective to revamp SIX’s post-trade services where it acts as a contractual triparty agent for its clients to […]
Swiss banks and SIX plan national mobile payments platform
Exchange group SIX and Switzerland’s five largest banks are in talks over a joint mobile payments platform for the country. SIX, retail chains Migros and Coop, and telecoms company Swisscom are planning to create a standardised digital payment system for consumers in Switzerland. A joint statement from the banks – UBS, Credit Suisse, Raiffeisen, PostFinance […]
