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Far Point Merges With Global Blue In $2.6B Deal

PYMNTS

Virginia-based FinTech firm Far Point closed a $2.6 billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue , earning it a listing on the New York Stock Exchange (NYSE), the companies announced Thursday (Jan. Global Blue CEO Jacques Stern will remain, and Farley will become chairman.

Taxes 130
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Bank Innovation: Three Ideas

Jeff For Banks

Rather than searching reputable sources for how this bank or that bank innovates, I thought I would give it to you straight from the gut. Because experience tells me that bankers are struggling with innovation. Fintech, regtech, martech (new one), AI, RPA, Chat Bot, actual bot. At its core, innovation should solve problems.

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The ICBA 22/23 executive committee is all in

Independent Banker

We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. It’s an honor to work with them as we focus on advocacy, education and innovation for the community banking industry. For instance, ICBA is calling for congressional hearings on the credit union tax exemption.

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Bankers Are Navigating a Brave New World with Mergers and ESG

Gonzobanker

Cornerstone Advisors estimates $145 billion of pre-tax revenue has disappeared for bankers via margin compression in only the past two years. On another front, you have digital disruption and fintech innovation, forcing bankers to step up their investments in transformation and more aggressively attack their existing business models.

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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147
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Threats, Risk Coming At Businesses From All Sides

PYMNTS

Dabbling in FinTech innovation, expanding internationally, integrating digital systems — businesses must make progress, but they’re facing unfamiliar threats as they make these moves. And we’re not just talking about cyberattacks. The report found that more than half of these breaches (55.5

Survey 100
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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35

Payments 149