Vantiv, Worldpay to merge; Fiduciary rule delay sought
Merger creates a $20 billion payments processor; government seeks to delay fiduciary rule so it can make revisions. ... Read full article
Merger creates a $20 billion payments processor; government seeks to delay fiduciary rule so it can make revisions. ... Read full article
Vantiv, the largest U.S. merchant acquirer, agreed to buy the e-commerce payments company Worldpay Group for about £8 billion ($10.4 billion). ... Read full article
Ten years ago the global financial crisis began with subprime mortgage problems in the U.S.; the more you have, the more you get. ... Read full article
Revenue growth in its merchant payments business is expected to be tepid in the foreseeable future. The Minneapolis company says it is looking to ramp up innovation to stay competitive in a business that has been upended by fintech firms and online ... Read full article
Vantiv acquired Worldpay, but JPMorgan's interest in an acquisition reveals its interest in payment processing. ... Read full article
Vantiv acquired Worldpay, but JPMorgan's interest in an acquisition reveals its interest in payment processing. ... Read full article
The merger of the U.K. and U.S. payments processors carries both benefits and risks; Duperreault taps Marsh & McLennan veteran. ... Read full article
The deal partners said the cost savings opportunities and international reach presented by the combination were appealing, and JPMorgan Chase said it won’t make a bid after being invited to consider an offer. ... Read full article
American card processor has a deal for its British counterpart; after passing Fed tests, banks still stressed by weak lending, low interest rates. ... Read full article
Both Vantiv and JPMorgan have a strong merchant acquiring business in the U.S., while Worldpay has a large market in Europe. ... Read full article