Sections
merger
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1.6KBankingSunTrust Experiences Overall ‘Solid’ Q2 Amid Planned BB&T Merger
SunTrust Banks Inc. reported results Thursday (July 18) that surpassed revenue expectations but fell slightly under earnings estimates for the second quarter....
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1.3KPartnerships / AcquisitionsT-Mobile, Sprint Merger Could Be At Risk If DOJ Sues
The Department of Justice (DOJ) may file a lawsuit to block the merger of telecom giants Sprint and T-Mobile if the two...
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1.3KPayments As A ServiceThinkHR, Mammoth HR Merger Boosts Payroll Position
Human resources management firm ThinkHR is strengthening its payroll footprint with a merger announced Friday (July 12). In a press release, ThinkHR...
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1.3KPartnerships / AcquisitionsDOJ Close To Approving T-Mobile, Sprint Merger
The Department of Justice (DoJ) is inching closer to approving a merger between the No. 3 and No. 4 telecom companies, T-Mobile...
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1.2KPartnerships / AcquisitionsDish Helps T-Mobile And Sprint Merger Inch Closer To Reality
The potential merger between telecommunications giants T-Mobile and Sprint is getting closer to approval after T-Mobile and Dish reached a divestiture deal...
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1.6KData DiveData Dive, Come Together Edition: Visa, Capital One, BB&T-SunTrust
Between the big news about Libra and the segment-wide spin-up for Prime Day in two weeks, one might have assumed we have...
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858Partnerships / AcquisitionsEuropean Laundry Startups Merge To Dominate UK Market
Laundry service startup Laundrapp announced that it has merged with its biggest competitor, Zipjet, to become the largest on-demand laundry service. Together,...
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6.1KRegulationHearings Scheduled For BB&T, SunTrust Merger
The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned...
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2.3KPartnerships / AcquisitionsUnitedHealth Will Pay $3.2B For Payments Co Equian
UnitedHealth Group, the parent company of the largest U.S. health insurer, UnitedHealthcare, will purchase healthcare payments company Equian for around $3.2 billion,...
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1.4KB2B PaymentsCYBG Rebrands To Virgin Money Name In SMB Pursuit
The Clydesdale and Yorkshire Banking Group (CYBG) brand is going into retirement after its merger with Virgin Money, which will have its...
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1.9KPartnerships / AcquisitionsTrustly And PayWithMyBank Merge For Europe-to-US Payments
European online banking payments provider Trustly has merged with Silicon Valley online banking payments company PayWithMyBank, according to a blog post by...
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3.2KBankingSunTrust, BB&T Pick New Bank Name
BB&T and SunTrust have settled on a name for their combined bank: Truist. Truist will be the sixth-largest U.S. bank holding company,...
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4.9KPartnerships / AcquisitionsVietnam’s mPOS And Vimo To Combine Into NextPay
Two Hanoi-based FinTech startups, Vimo Technology and mPOS Technology, are merging to create NextPay Holdings, according to reports. The CEO of mPOS...
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2.3KPartnerships / AcquisitionsGrow Mobility Merges With Payment Startup Flinto
Grow Mobility, the company that operates electric scooter and bikesharing startups Grin and Yellow, is merging with Flinto, the payments startup. TechCrunch,...
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2.9KThe WeekenderAnother Payment Megadeal, Amazon Suppliers And PayPal SMB Lending Top The Week’s News
Are you ready for the weekend? Silly question — of course you are. But don’t forget to review this past week of...
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1.5KBankingCommerzbank Keeps Open Mind On M&A
Even though a potential merger with Deutsche Bank fell through, Commerzbank CEO Martin Zielke said he’s still open to the possibility of...
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3.0KPartnerships / AcquisitionsStartups Merge To Take On Airbnb
A group of four short-term stay startups in Europe have teamed up to create a new company and take on leader Airbnb....
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5.3KPartnerships / AcquisitionsPost-Merger, NXGEN And Payscape Eye SMBs’ Digital Shifts
The path to the payments deal started about three or four years ago when Adam Bloomston, CEO of Payscape, and Thomas Nitopi,...
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2.0KPartnerships / AcquisitionsDeutsche Bank And Commerzbank Call Off Deal Talks
Commerzbank and Deutsche Bank announced Thursday (April 25) that they have ended talks about a combination. In a statement on its Website,...
- 8.5KPartnerships / Acquisitions
DOJ Asks First Data, Fiserv For Additional Docs
The Department of Justice has requested more information from First Data and Fiserv ahead of the pending merger of the two payment...
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4.8KPartnerships / AcquisitionsFirst Data Buys German Cashless Tech Co ayCash
First Data, a commerce-enabling FinTech company, has acquired ayCash, a company that specializes in cashless payment terminals and merchant services in the...
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14.7KPartnerships / AcquisitionsFIS Buys Worldpay In $35B Cash, Stock Deal
Fidelity Information Services (FIS), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay, the global eCommerce...
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4.2KPartnerships / AcquisitionsDeutsche Bank, Commerzbank Confirm Merger Talks
Deutsche Bank confirmed on Sunday (March 17) that it’s in talks with Commerzbank about a deal. In a memo from Deutsche Bank Chief...
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5.1KRetailJudge: Rent-A-Center Doesn’t Have To Complete Merger
A judge has ruled that Rent-A-Center will not have to complete a $1.37 billion merger by Vintage Capital Management, and that the...
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5.8KBankingDeutsche Bank, Commerzbank Ramp Up Merger Talks
Deutsche Bank and Commerzbank seem to be getting closer to a merger as informal talks between the two are heating up. Citing...
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3.2KPartnerships / AcquisitionsCorelle Moves On Instant Pot Merger To Woo Millennials
Corelle Brands has been around for a while — like 100 years. And surely, you have seen its signature products, likely in...
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5.9KPartnerships / AcquisitionsCertify Merges With Chrome River In $1B Deal
Certify and Chrome River Technologies, two leading travel, expense and invoice management software companies, have announced a $1 billion merger. In a press...
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3.9KPartnerships / AcquisitionsFed Promises Thorough Scrutiny Of BB&T’s SunTrust Buy
The Federal Reserve Chairman has vowed that U.S. regulators will conduct a “thorough” review of BB&T Corp.’s planned merger with its rival...
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4.4KAmazonAmazon China May Be Eyeing NetEase Merger
Amazon could be looking into merging its China unit with eCommerce platform Kaola, which is owned by NetEase, according to a report...
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2.9KBankingDeutsche Burdened By High Interest Rate Payments
Deutsche Bank is now paying the highest financing rates on the euro debt market as compared to other major financial institutions, which...
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4.3KPartnerships / AcquisitionsEarthport Bidding War Heats Up As Visa Ups The Ante
The bidding war over U.K.-based payments firm Earthport – squarely in the crosshairs of card giants Visa and Mastercard – is heating...
- 3.4KPartnerships / Acquisitions
BB&T, SunTrust Announce ‘Merger Of Equals’ To Create Sixth-Largest US Bank
Two of the nation’s largest regional banks – Winston-Salem N.C.-headquartered BB&T and Atlanta-based SunTrust – are joining forces in a bid to...
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4.3KPartnerships / AcquisitionsBB&T And SunTrust To Merge
SunTrust Banks Inc. (STI) and BB&T Corp. (BBT) announced a $66 billion merger Thursday (February 7), combining the two regional banks. In...
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5.1KPoint of SaleNew Square Card Promises Instant Funds To SMBs
You know your stature by the enemies you make, right? That’s the old saying at least. Well, “enemy” might be too strong...
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3.7KGlobal PaymentsWirecard, Ctrip Roll Out Multi-Currency Card; Missguided Launches ‘Pay Later’ Option
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of Wirecard and Ctrip’s...
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4.1KPartnerships / AcquisitionsCloudera And Hortonworks Merge To Take On Amazon
Data software companies Cloudera and Hortonworks have combined to take on Amazon, according to a report from CNBC. Both companies were rivals...
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4.6KSecurity & FraudSenators Call For Deutsche Investigation
Two senators are calling for a banking committee investigation of Deutsche Bank’s compliance with U.S. safeguards against money laundering. According to Bloomberg,...
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4.7KBankingGermany Pushes For Commerzbank, Deutsche Merger
The German government is looking at a merger as a way to fix scandal-ridden Deutsche Bank. According to Bloomberg, sources have revealed...
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3.4KPartnerships / AcquisitionsBoku Buys ID Authentication Co. Danal For $68M
Boku, a company that lets users charge smartphone purchases to their bills from companies like Apple, Microsoft and Spotify, among others, has...
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3.0KData DiveData Dive, New Starts Edition: Overstock, Sears And iZettle’s Next Steps
As of today, there are 28 days left in the year (and 22 shopping days left till Christmas), meaning themes of “out...
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3.0KB2B PaymentsSingapore Alt-Lender Merges With eProcurement Platform
Two Singapore-based FinTechs are combining their services to create a unified supply chain financing tool. Reports in Vulcan Post on Thursday (Nov....
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4.5KB2B PaymentsVirgin Money Buyout By CYBG Receives All-Clear
A court hearing late last week gave the all-clear for CYBG to complete its acquisition of Virgin Money for $2.24 billion, finalizing...
- 2.7KPartnerships / Acquisitions
For SiriusXM, Pandora Or Pandora’s Box?
It’s been said that you never set foot in the same river twice. Or stream, for that matter – and let’s extend...
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2.0KRidesharingSingapore Regulator Slaps Grab And Uber With Fines
Grab and Uber, the Singapore ride-hailing companies, were slapped with fines and restrictions after regulators concluded the merger between the two has...
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5.3KPartnerships / AcquisitionsEuropean Commission Looking Into Thales’ Proposed Acquisition Of Gemalto
Gemalto, the digital security company that is being acquired by Thales, the French aerospace and defense company, will see the European Commission...
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7.0KRetailEddie Bauer And Pacific Sunwear Combined In New Operating Company
After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California, the private equity firm...
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3.6KBankingMeta Financial, Crestmark Bancorp Announce Merger
Following special meetings on May 29, shareholders of Meta Financial Group, Inc. and Crestmark Bancorp, Inc. approved a plan of merger between the...
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6.8KRetailGolden Gate Capital Considers Merging Eddie Bauer And Pacific Sunwear
The parent company of Eddie Bauer and Pacific Sunwear of California is considering a merger of the two retailers in an effort...
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3.8KPartnerships / AcquisitionsFifth Third Bancorp And MB Financial Merge In $4.7B Deal
Fifth Third Bancorp and MB Financial announced news on Monday (May 21) that the two have inked a merger agreement in which...
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3.4KPartnerships / AcquisitionsWalmart UK And Sainsbury On Verge Of $10B Merger Deal
Sainsbury, the U.K. grocery store operator, and its rival Asda, which is owned by Walmart, are holding discussions about a merger that...
