U.S. Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. According to the report, Finastra, FIS and Fiserv are in...
Synovus Financial announced on Tuesday (July 24) that it is acquiring FCB Financial Holdings, owner of Florida Community Bank (FCB), Florida’s largest community bank, in...
Welcome to Five at Five, your late look at the payments and commerce news of the day. Coverage includes a new acquisition by online payment...
Third Point, the hedge fund run by Daniel Loeb, has taken a new position in PayPal. According to a report in CNBC, citing a Third...
Looking to bolster its international eCommerce presence, eBay has acquired Japanese eCommerce platform Qoo10, according to a regulatory filing. In its 10-K filing with the...
Krispy Kreme Doughnuts is close to a deal to acquire Insomnia Cookies. Sources said the deal, which values Insomnia Cookies at less than $500 million,...
A whopping $613 billion in cross-border B2B payments is nothing to sneeze at, and the Banking Circle buyout gives the nod to the international appeal...
PayPal is planning for further acquisitions, setting aside up to $3 billion a year for future deals. “We have a healthy balance sheet and we...
Mergers and acquisitions in the global payments industry have hit record highs in 2018, especially in the payments technology market. Financial Times (FT) reported that there were...