The year of the fintech merger
A trio of big deals in the payments and financial service provider area and continued bank and venture capital interest in fintech investments are creating expectations for a banner year. ... Read full article
News Topic: TSYS
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6 takeaways from the Global Payments-TSYS merger
Global Payments' purchase of TSYS is the latest merger of large payment technology companies — and by no means the last. ... Read full article
In a sea of fintech mergers, TSYS and Global Payments agree to deal
TSYS and Global Payments have announced a merger deal of about $21.5 billion, the third M&A deal in the financial/fintech industry of more than $20 billion this year, and the latest in a series of deals of all sizes. ... Read full article
Tech vendor fixes problem that held up prepaid cardholders' paychecks
Customer furor stemmed from troubles FIS had processing payments for MetaBank, the issuer of Netspend and other prepaid debit cards. ... Read full article
Few answers for Netspend customers unable to access paychecks
Neither the prepaid issuer nor its bank partner can say when cardholders — many living paycheck to paycheck — will receive their funds. ... Read full article
P2P payments still have an adoption problem
Despite increased bank and investor activity around digital P2P payments, consumers haven't flocked to P2P in expected numbers. ... Read full article
Pam Joseph resigns as TSYS COO, president
TSYS has announced the resignation of Pam Joseph, less than 17 months after she joined the company as president and chief operating officer. ... Read full article
Fight over CFPB prepaid rule coming to a head
The fight over a Consumer Financial Protection Bureau rule adding new restrictions to prepaid cards is intensifying as some Republicans hope to overturn it before a looming deadline expires. ... Read full article