Tuesday , December 24, 2024

Mergers & Acquisitions

June, 2019

May, 2019

  • 31 May

    Payments Companies Are Getting Pricier, Researcher Says

    Note to payments-company owners: now just might be the right time to sell. Buyers in 2019 have paid more for firms in the payment-tech space since at least 2010, according to a new analysis by 451 Research of more than 1,100 deals over nearly a decade. The median price to …

  • 31 May

    Cardtronics Waives ATM Fees for Some Tourists to U.S. and other Digital Transactions New briefs from 5/31/19

    Cardtronics plc said its Allpoint ATM network and Visa Inc. reached an agreement to waive ATM fees for travelers visiting the United States from Southeast Asia who have a Visa travel prepaid card or debit card from certain financial institutions. Allpoint counts more than 40,000 U.S. ATMs. Lightspeed POS Inc., …

  • 29 May

    How the Global-TSYS Deal Stitches Together Major Acquiring And Issuing Assets

    Payments observers are tempted to think of the $21.5 billion proposed merger of Global Payments Inc. and Total System Services Inc. (TSYS), announced Tuesday, as the latest megadeal in a series initiated in January when Fiserv Inc. said it would acquire First Data Corp. That announcement was followed by the …

  • 29 May

    FitBit Pay Can Tap for Transit Payments and other Digital Transactions News briefs from 5/29/19

    Fitbit Inc. said its smart watches and trackers with Fitbit Pay can be used to pay for transportation on seven major transit systems globally, as well as on the contactless OMNY system set for launch May 31 by the Metropolitan Transportation Authority in New York City. Multiple law firms are …

  • 28 May

    The Global-TSYS Merger Responds to M&A Mania But Also Integrated Payments Trends

    Facing major consolidation among rival processors. Global Payments Inc. and Total System Services Inc. (TSYS) made it official Tuesday they are merging in an all-stock deal that values TSYS at $21.5 billion and will leave Global with 52% of the combined entity. The acquisition is expected to close in the …

  • 28 May

    COMMENTARY: Why Visa And Mastercard Have Been on a Buying Spree

    Amazon, Apple, and Microsoft each briefly enjoyed a market capitalization greater than $1 trillion. The two dominant global payment networks, Mastercard and Visa, aspire to join this august, and for the moment, memberless club. In the near term, the networks could grow on autopilot. However, inevitably diminishing retail-payments growth in …

  • 28 May

    Nuvei Buying SafeCharge and other Digital Transactions News briefs from 5/28/19

    Payments provider Nuvei announced it will buy SafeCharge International Group Ltd. for approximately $889 million. SafeCharge’s payment platform provides services ranging from card acquiring and issuing to processing and checkout. This confirms reports of a pending deal. Processor Payment Data Systems Inc. said Dealer Pay LLC, provider of a payments …

  • 24 May

    Another Major Deal Could Be on the Horizon As News Emerges of TSYS-Global Payments Talks

    A potential merger, joint venture, or partnership may be in the offing for Global Payments Inc. and Total System Services Inc. (TSYS). The two merchant-processing powerhouses have held preliminary discussions about a combination of some sort, according to a report late Thursday by Bloomberg.com. In addition to traditional merchant processing, …

Digital Transactions