At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
FundTech Introduces New President and COOJanuary 07, 2013Edward Ho, formerly of Misys, was named as the new president and COO of Fundtech after the departure last week of two of the company's top executives.
Corporate Treasurers Expect Multi-Channel Banking, Study FindsOctober 16, 2012New research released by Fundtech shows a growing demand from treasurers for the kind of consistent multi-channel banking experience that consumers are already demanding.
ACI Deal for S1 Clears Legal Hurdles, Will Benefit BanksFebruary 07, 2012Now that ACI's acquisition of S1 has cleared legal hurdles, the new company can focus on the product synergies that drove the deal. And other bank tech vendors are likely to pursue similar consolidation.
Fundtech and BankServ Complete MergerNovember 30, 2011SasS banking provider BankServ's majority shareholder, GTCR, has purchased payments software company Fundtech for $23.33 per share to create a company focused on several aspects of transaction banking.
S1 Ends Fundtech Merger, Still Rebuffs ACI OfferSeptember 19, 2011S1 has agreed to end its merger agreement with Fundtech for $11.9 million, but says it's still not interested in a standing takeover offer from ACI.
Fraud on the Decline, But Still a ConcernAugust 26, 2011Two recent studies show FIs are making some headway against cybercrime, but other types of fraud are on the rise.
ACI Increases Offer to Acquire S1August 25, 2011The battle for S1 continues as ACI puts a higher offer on the table and urges S1 stockholders to vote against the Fundtech merger.
S1 Mails Proxy Materials for Fundtech MergerAugust 22, 2011S1 execs say that a merger with Fundtech will benefit stockholders, while a merger with ACI Worldwide could destroy stockholder value.