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REPAY Announces Acquisition of Payix
Digital Payments News

REPAY Announces Acquisition of Payix

Fintech News Desk
by Fintech News Desk0
Payix Acquisition Enhances REPAY’s Position in the Key Automotive Loan Repayment Vertical and Accelerates Expansion in the Buy Now, Pay Later “BNPL” Market Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced it has acquired Payix for up to $115 million. The acquisition was financed with cash on......
SIA Defies Covid Tribulations With Low-Margin Growth In Revenues And Profits
Banking Blockchain Business Capital Markets Economy Fintech News

SIA Defies Covid Tribulations With Low-Margin Growth In Revenues And Profits

Fintech News Desk
by Fintech News Desk0
SIA’s Board of Directors, meeting under the chairmanship of Federico Lovadina, approved the preliminary consolidated financial results at 31 December 2020, confirming the positive trend of 2019 and growing in the fourth quarter of 2020, despite the economic contraction caused by the Covid-19 pandemic. Read More: GlobalFintechSeries Interview with Joshua Levin,......
Axway Completes Acquisition of Sopra Banking Software
Banking News

Axway Completes Acquisition of Sopra Banking Software

Business Wire
by Business Wire0
Axway announces the successful completion of the acquisition of Sopra Banking Software, establishing one of France’s top enterprise software publishers, with leading positions in banking and financial services. This major step in the company’s development not only marks a change in dimension, but also initiates a transformative alliance project aimed......
Discover-Financial-Services-Reports-First-Quarter-2024-Net-Income-of-$308-Million-or-$1
Finance Fintech News

Discover Financial Services Reports First Quarter 2024 Net Income of $308 Million or $1.10 Per Diluted Share

Business Wire
by Business Wire0
Board of Directors Declares Quarterly Common Stock Dividend of $0.70 Per Share Discover Financial Services (NYSE: DFS): First Quarter 2024 Results 2024 2023(1) YOY Change Total loans, end of period (in billions) $126.6 $112.7 12% Total revenue net of interest expense (in millions) $4,210 $3,742 13% Total net charge-off rate......
Best’s Special Report: N
Finance Fintech News

Best’s Special Report: New Standard Continues to Pressure South Korea Insurers’ Capital Management

Business Wire
by Business Wire0
The Best’s Special Report, titled “Implementation of K-ICS Continues to Pressure South Korean Insurers’ Capital Management,” notes that the magnitude of the decline in the industry’s average solvency ratio was smaller than initially expected. The implementation of more stringent risk measurement under the Korean-Insurance Capital Standards (K-ICS) a year ago......
Deutsche Glasfaser Modernizes Its Network, Speeds Service Deployment with Ekinops
Fintech News

Deutsche Glasfaser Modernizes Its Network, Speeds Service Deployment with Ekinops

PR Newswire
by PR Newswire0
Ekinops, a leading optical transport and network access specialist, announced the selection of its Ekinops360 optical transport platform by Deutsche Glasfaser in a multi-year contract to modernize and unify its optical transport network infrastructure throughout Germany. Deutsche Glasfaser (DG) is a leading competitive service provider in Germany, serving nearly 1,800 municipalities......
ACX Launches Their Physical Trading Platform
News Trading

ACX Launches Their Physical Trading Platform

PR Newswire
by PR Newswire0
ADGM based ACX Ltd., part of the ACX Group, is proud to announce the start of live trading on its groundbreaking biofuels electronic physical trading platform, ACXBiofuels, as part of its Financial Services Regulatory Authority (FSRA) regulated Recognised Investment Exchange (RIE), allowing market participants to facilitate trading in biodiesel, Renewable......
Peoples Financial Services and FNCB Bancorp, Announce Transformational Strategic Merger
Banking News

Peoples Financial Services and FNCB Bancorp, Announce Transformational Strategic Merger

PR Newswire
by PR Newswire0
Peoples Financial Services Corp. and FNCB Bancorp, Inc. announced they have entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129.0 million based on a 20-day volume weighted average stock price for Peoples’ common stock of $44.13 as of September 26, 2023, resulting in an......
1 in 10 UK Small and Mid-Sized Businesses on Tide
Finance Fintech News

1 in 10 UK Small and Mid-Sized Businesses on Tide

Business Wire
by Business Wire0
550,000 UK businesses use Tide for their finance and admin Tide, the leading business financial platform, has reached a significant growth milestone. The business now boasts a 10% market share of all UK small businesses with more than 550,000 customers (members). “Reaching 10% market share in the UK is a......
GTCR to Acquire Majority Stake in Worldpay
Digital Payments News

GTCR to Acquire Majority Stake in Worldpay

PR Newswire
by PR Newswire0
Firm partners with FIS and former Worldpay CEO Charles Drucker to acquire leading global provider of payments technology and solutions GTCR, a leading private equity firm, announced that it has signed a definitive agreement to acquire a majority stake in Worldpay, a leading global provider of payment processing solutions, from FIS, a......
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