Visa’s Big Plaid Play
/Last year was a busy time for the major card networks when it came to M&A. Visa this week may have made the latest and biggest splash of all, with its $5.3-billion acquisition of Plaid.
Read MoreLast year was a busy time for the major card networks when it came to M&A. Visa this week may have made the latest and biggest splash of all, with its $5.3-billion acquisition of Plaid.
Read MoreConsolidation continues to rise in the RIA industry. And further consolidation means trillions of dollars up for grabs.
Read MoreThe number of RIA firms is exploding. Organic growth is playing a role, but M&A is an even larger contributor to this trend.
Read MoreCould the era of bigger bank deals be coming back?
Read MoreAs the masses move from cash to cashless, the fintech world is consolidating yet again. On Tuesday, Global Payments, Inc. announced it was purchasing Total System Services Inc. (TSYS) for $21.5 billion in stock.
Read MoreFintech M&A has continued at an unprecedented pace, with 2019 shaping up to be the biggest year yet in terms of total deal value. The activity comes not only from private equity firms making investments in start-ups, but also from legacy financial technology vendors and financial firms acquiring innovative fintechs as a way to add to their own tech capabilities.
Read MoreWe really enjoyed an interesting read from The Wall Street Journal this week on why investment banks are more aggressively pursuing mid-market deals. Any investment banker worth his or her salt typically wants to be involved with advising on the large, global mega deals that dominate news cycles.
Read MoreIt seems as if the news breaks monthly with the “biggest deal ever” in some aspect of fintech. That’s why it was only mildly shocking this week when word came out that bank technology giant FIS agreed to pay $35 billion for
Read MoreIt seems as if the news breaks monthly with the “biggest deal ever” in some aspect of fintech. That’s why it was only mildly shocking this week when word came out that bank technology giant FIS agreed to pay $35 billion for Worldpay in the largest digital payments M&A deal to date. The deal is part of an escalating arms race among the financial technology sector’s biggest players.
Read MoreIt’s gratifying to see start-ups highlighted in our Company of Note section receive their just validation. A case in point is ClearGraph, which we highlighted in March as a compelling solution to help financial institutions better harness their raw data. This week, the firm agreed to become part of business intelligence and analytics firm Tableau.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.