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Visa to Acquire Pismo for US$ 1 Billion

Visa today announced it has signed a definitive agreement to acquire Pismo for $1 billion in cash.

Together, we will be positioned to provide core banking and issuer processing capabilities across debit, prepaid, credit and commercial cards for clients via cloud-native APIs. Pismo’s platform will also enable Visa to provide support and connectivity for emerging payment rails, like Pix in Brazil, for financial institution clients.

Thursday, June 29, 2023 - 11:04
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/news/payments/visa-acquire-pismo-us-1-billion
Financial IT
5 Benefits of Open Banking Accounting Companies Should Look Upon

In today’s rapidly evolving financial landscape, accountants are acutely aware of the need to embrace technological advancements and digitalisation to remain competitive. A fact supported by a recent Sage study, revealed that 82% of accountants claimed their clients demanding a broader service offering. Since its inception in 2018, open banking has emerged as a transformative force for accounting firms and software, enabling a way to improve productivity and client experiences via open APIs.

Thursday, June 29, 2023 - 10:55
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/news/open-banking/5-benefits-open-banking-accounting-companies-should-look-upon
Financial IT
Laser Digital Acquires Elysium Technology Group, Bringing Innovative Cross-asset Post-trade Solutions to Digital Finance

Nomura's digital assets subsidiary, Laser Digital, today announces the acquisition of Elysium Technology Group, a leading provider of post-trade solutions for over-the-counter (OTC) foreign exchange (FX) and digital assets. Founded in 2007 by ex-UBS executives Andy Siciliano and Ed Mount, along with tech pioneers Mark Rosenfeld and Lo Shih, Elysium is an innovator of post-trade solutions for the foreign exchange industry.

Thursday, June 29, 2023 - 10:50
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/news/trading-systems/laser-digital-acquires-elysium-technology-group-bringing-innovative-cross-asset
Financial IT
Planixs Announces the Launch of Realiti(R) Cloud at its Global Customer Forum

Planixs, the leading provider of real-time, intraday cash, collateral and liquidity management solutions, today announced the launch of Realiti Cloud, a full-service cloud offering covering all Planixs Realiti modules.

Thursday, June 29, 2023 - 10:44
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/news/cloud/planixs-announces-launch-realitir-cloud-its-global-customer-forum
Financial IT
Interest in Lending Products in SEA Has Risen by 15% Since 2020

These are the findings of analysts from Robocash Group who have studied search requests for lending products.

Thursday, June 29, 2023 - 10:42
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/news/lending/interest-lending-products-sea-has-risen-15-2020
Financial IT
Saxo Bank Announces Sale of Fintech Joint Venture to Geely Group, Receiving Saxo Bank Shares in Return

Strengthening its focus on core business and markets, Saxo Bank divests its stake in Saxo Geely Tech Holding A/S (Saxo Fintech) with the sale to Geely Group and receives Saxo Bank shares as part of the transaction.

After a process of diligent evaluation and strategic assessment, Saxo Bank can today announce the sale of its stake in the joint venture Saxo Geely Tech Holding A/S (Saxo Fintech) to Geely Group.

Thursday, June 29, 2023 - 10:39
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/news/banking/saxo-bank-announces-sale-fintech-joint-venture-geely-group-receiving-saxo-bank-shares
Financial IT
Worldline Named One of The Times Top 50 Employers for Gender Equality 2023

Worldline, a global leader in payment services, announces that its UK&I entity has been listed as one of The Times Top 50 Employers for Gender Equality 2023, for its commitment to addressing gender inequalities in the workplace.

Thursday, June 29, 2023 - 10:35
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/news/payments/worldline-named-one-times-top-50-employers-gender-equality-2023
Financial IT
Rimes Appoints Sam Barber as Head of Data Services

Rimes is pleased to announce the appointment of Sam Barber as Head of Data Services. Sam has over nine years’ experience operating at the Executive Director level for S&P Global and brings a wealth of specialist data and client management experience. A key highlight of Sam's career was spearheading S&P’s global business development unit, selling ETF and index products to tier-one banks, asset managers, market makers and ETF issuers.

Thursday, June 29, 2023 - 10:32
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/news/people-moves/rimes-appoints-sam-barber-head-data-services
Financial IT
Financial Planning Platform Lyfeguard Scales Up with Centropy PR

Lyfeguard, a life planning assistant and document management platform, has selected Centropy PR to handle its external communications following a competitive pitch process.

Thursday, June 29, 2023 - 10:26
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/news/personal-finance/financial-planning-platform-lyfeguard-scales-centropy-pr
Financial IT
TISE & Shieldpay Announce Strategic Partnership to Transform Private Market Transactions

The International Stock Exchange (TISE), the innovative provider of financial markets and securities services, and

Thursday, June 29, 2023 - 10:23
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/news/money-transfers/tise-shieldpay-announce-strategic-partnership-transform-private-market
Financial IT

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