Global Payments names Robert Cortopassi as new president and chief operating officer
Cortopassi previously served as Global Payments’ senior EVP and president of international and vertical markets.
Cortopassi previously served as Global Payments’ senior EVP and president of international and vertical markets.
Global Payments has reportedly been eyeing up the purchase since February.
The new joint venture, Commerz Globalpay, is expected to launch in H1 2024 and will be based in Frankfurt.
Bready succeeds Jeffrey Sloan, who is stepping down as CEO and member of the board from 1 June.
FinTech Futures takes a look back at some significant mergers and acquisitions of 2022.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Global Payments will acquire EVO in an all-cash transaction for $34 per share, or $4 billion in enterprise value.
The new combined entity intends to deliver “financial empowerment and product innovation”.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
The multi-year deal moves Global Payments systems into the cloud.
The third major payments industry deal so far this year.
Canadian Mobeewave provided security and encryption.
US-based payment processor Global Payments is to acquire Heartland Payment Systems for $3.8 billion in cash and stock, as approved by the Heartland stockholders. About 29.7 million shares were voted in favour of the merger proposal. The vote represents approximately 99% of the total Heartland shares which voted on the merger proposal and 80% of […]