BROOKFIELD: Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has acquired Smith Consulting Group (SCG), an operational consulting firm serving community banks and credit unions. The terms of the transaction were not disclosed. The acquisition, announced Tuesday, is intended to deepen the in-house expertise Fiserv can offer its clients….
SYDNEY: Australian fintech firm Stakk Ltd. (ASX: SKK) has secured a two-year master services agreement with Robinhood Markets Inc. (NASDAQ: HOOD) to provide embedded finance solutions for the U.S. trading platform’s new banking initiative. Under the agreement, Stakk will deliver image capture, authentication, and transaction processing capabilities to support Robinhood Banking™, a premium offering targeting…
AMSTERDAM: Wolters Kluwer Financial & Corporate Compliance (FCC) has entered into a binding agreement to sell its Finance, Risk and Regulatory Reporting (FRR) unit to Regnology Group GmbH for an enterprise value of approximately €450 million. The transaction is expected to close in the fall of 2025, pending regulatory approvals and employee consultations. The divestment…
LONDON: In order to continue to develop the mortgage business and customer offering, Swedbank acquires the mortgage credit institution Stabelo. Through access to a complementary brand, new technology and new channels for mortgages, the acquisition will help Swedbank reach more customers in the mortgage market. Stabelo is an established actor in the mortgage market that…
PARIS, FRANCE: Crédit Agricole and Worldline have received the green light from the European Commission to establish a joint venture aimed at revolutionizing digital payment services for merchants across France. The partnership is set to position the new entity as a formidable force in the French payment services sector. The inaugural Board meeting, which took…