Worldpay

The year of the fintech merger

06/10/19

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.

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FIS-Worldpay's impact, OCC's Wells Fargo rebuke, lifetime banker bans: Top stories of the week

03/22/19

What the FIS-Worldpay deal means for banks; behind the OCC's public rebuke of Wells Fargo; ripple effect feared as Fed mulls lifetime bans for two bankers; and more from this week's most-read stories.

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What the FIS-Worldpay deal means for banks

03/18/19

The companies could bring something new, such as merchant acquiring to community banks, but their merger could also cause anxiety about giant vendors.

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5 key takeaways from the FIS-Worldpay deal

03/18/19

Given the size of the deal — which includes about $9 billion of Worldpay’s debt on top of a $34 billion bid — the pressure’s on to build a global powerhouse that can counter other major fintech mergers announced in the past weeks. FIS must also emerge as a nimble rival to the startups that threaten the old order.

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FIS buys Worldpay; Is it time for resurgence of community banks?

03/18/19

The $35 billion deal could create "a global payments giant"; with the number of community banks dropping as low as 5,477, it may be time for new ones.

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FIS in $43 billion deal for Worldpay as fintech consolidation ramps up

03/18/19

Financial services technology company FIS has agreed to buy Worldpay in a deal valued at $43 billion, which allows FIS to counter the transaction processing scale Fiserv received when it acquired First Data earlier in 2019. The merger price is based on a $34 billion bid plus $9 billion of Worldpay's debt.

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Vantiv, Worldpay to merge; Fiduciary rule delay sought

08/10/17

Merger creates a $20 billion payments processor; government seeks to delay fiduciary rule so it can make revisions.

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Vantiv agrees to purchase Worldpay Group for $10.4 billion

08/09/17

Vantiv, the largest U.S. merchant acquirer, agreed to buy the e-commerce payments company Worldpay Group for about £8 billion ($10.4 billion).

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U.S. Bancorp scrambles to keep pace in payments field

07/19/17

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 shopping.

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JPMorgan tips hand on payments hopes despite bailing on Worldpay

07/07/17

Vantiv acquired Worldpay, but JPMorgan's interest in an acquisition reveals its interest in payment processing.

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