HCL, Sumeru acquire Actian Corporation in $330m deal

HCL Technologies and Sumeru Equity Partners have acquired data management platform Actian Corporation, in a deal worth $330m.

Fiserv acquires a selection of tools from Elan Financial, in $690m deal

Financial technology developer Fiserv has agreed to acquire the debit card processing services of Elan Financial Services, a division of US Bancorp.

Banking software company Temenos acquires Logical Glue for £12m

By scooping up London-based Logical Glue, Temenos is strengthening the legal compliance of its banking platform.

Private equity firm acquires IT services provider Cyberlink

Cyberlink ASP Technology has been acquired by middle market private equity firm Staple Street Capital for an undisclosed amount. With the support of Staple Street,...

Klarna aims to strengthen its underwriting capabilities through Moneymour acquisition

Swedish FinTech unicorn Klarna has bought Italian payment company Moneymour from its founders and minority investors.

Blackhawk Networks picks up Grass Roots for $118m

Blackhawk Networks, a prepaid payments company, has acquired employee and customer engagement platform Grass Roots for $118m.

Student banking startup BankMobile sells for $175m

Student-focused challenger bank BankMobile is being sold by its parent company Customers Bank for $175m to Flagship Community Bank.

TSYS agrees to acquire payment terminal developer Cayan

Global payments solution provider TSYS has agreed to acquire payment technology developer Cayan in a deal worth $1.05bn.

Sea completes $575m convertible senior notes sale

Asia-based digital services provider Sea has completed its convertible senior notes offering on $575m.

AnaCap set to exit French insurance broker AOG

AnaCap Financial Partners has entered an exclusivity arrangement to sell its French insurance broker AssurOne Group to Societe Centrale Prevoir SA.

News Stories

77% physical security systems are in desperate need of an update

European IT executives are worried about the physical security of their systems, according to a new survey.

Five African nations placed on the FATF’s grey list because their weak money laundering...

The Financial Action Task Force (FATC) has placed Botswana, Ghana, Mauritius, Uganda and Zimbabwe on their grey list, meaning they need to do more to tackle money laundering and terrorism financing.

Just half of cloud vulnerabilities are a risk

Only half of the vulnerabilities in cloud containers actually pose a threat, despite this, vast resources are being deployed to fix them.

Money launderer ordered to pay back £1.24m in dirty cash

The Crown Prosecution Service has ordered convicted money launderer Thomas ‘Tommy’ Adams to repay more than £1,24m for his part on a money laundering network.

LANDRY et associés acquires e-commerce security platform NexuWeb

LANDRY et associés, a risk and performance consultant, has acquired e-commerce security and development solution NexuWeb.