Latest Posts Under: Financial service news

SIX Group offers to buy Spanish stock exchange company BME for €2.84bn

SIX Group, a Swiss financial services company, has proposed to acquire 100% of Spanish stock exchange company Bolsas y Mercados Españoles (BME) for €34 per share, valuing the transaction at €2.84 billion. BME deals with the organizational aspects of stock exchanges and financial markets in Spain. The Spanish stock exchange company offers a range of […]

Western Union joins forces with Du Xiaoman to expand bank account payout in China

Western Union has joined forces with Du Xiaoman Financial (previously fintech Baidu Finance) and its network of partners to expand its bank account payout in China through the latter’s mobile app. The partnership will enable international money transfer to be done in real-time to even more Chinese bank accounts. Account payout of any Western Union […]

Charles Schwab, TD Ameritrade sign $26bn merger deal

Charles Schwab acquisition of TD Ameritrade: Charles Schwab, a California-based bank and stock brokerage firm, has signed an all-stock deal valued at around $26 billion to acquire TD Ameritrade, a securities brokerage services provider based in Nebraska. TD Ameritrade offers investing services to nearly 12 million client accounts totaling around $1.3 trillion in assets, and […]

DNA Payments acquires payment solutions provider CR7 Services

DNA Payments, a new payment technology company, has acquired CR7 Services, a UK-based payment solutions provider, for an undisclosed price. Founded in 2014, CR7 Services has been offering sophisticated, secure and reliable payment acceptance solutions to UK retailers. The payment solutions provider is said to have deployed nearly 36,000 terminals within the UK market so […]

Ascensus acquires Beneco from Alpine Investors

Ascensus acquisition of Beneco : Ascensus, a US-based retirement and college savings services provider, has acquired Beneco, a provider of bundled retirement and health and welfare benefits administration solutions in the wage market, from Alpine Investors. Financial terms of Ascensus acquisition of Beneco were not disclosed. Beneco provides a comprehensive suite of recordkeeping, third-party administration, […]

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