Plus, US regulators’ antitrust fight with Big Tech continues and some ‘clearly unusual’ trades related to Trump family appointments
Three-way transaction will hand fintech FIS control of Global Payments’ issuer solutions arm
Ron Kalifa to steer Canadian investment group’s expansion into payments and other financial infrastructure assets
Demand for Worldpay and Syneos Health bonds and loans shows ‘hunger for new supply in high-yield’
Purchase of interest in payments arm by GTCR will include massive $8.4bn bank financing package
Wall Street has begun taking a sceptical view of the previously go-go fintech industry
Private equity firms explore deal that would value payments provider at more than $15bn
Integration was difficult but the deal itself had always been misguided
And the FIS fiasco
Planned split calls time on merchant solutions arm 4 years after being acquired in $43bn deal
Amazon, Stripe and Worldpay say anti-fraud measure could affect billions of dollars of online purchases
UK lender launches payment processing business aimed at small and medium-sized businesses
Expect more deal activity in the sector
Regulators must keep pace with the innovation in digital money
Analysts and investors say competition from new digital entrants is driving mergers
Like children, payment groups could outgrow their seniors. But is big really better?
Financial services technology group FIS seeks scale with acquisition
Ron Kalifa to lead Dubai-based payments group as it aims for listing with $3bn valuation
Shares fall on Jansen appointment with chairman ruling out Openreach sale or dividend cut
Philip Jansen in advanced discussions with telecoms group but stumbling blocks remain