Absa Group

Investing.com | April 15, 2020

Grim economic data and bank earnings sent U.S. stocks sharply lower at the opening Wednesday, undoing gains made on Tuesday in the hope that the U.S. is getting on top of the coronavirus epidemic. By 9:34 AM ET (1334 GMT), the Dow Jones Industrial Average was down 506 points, or 2.1%, at 23,443 points. The S&P 500 was down 2.2% and the Nasdaq Composite was down 1.8%. They had posted rises of between 2.4% and 4.0% on Tuesday, all hitting their highest levels in over a month. The market was br...

FINTECH

Paysafe | August 23, 2021

Paysafe, a leading specialized payments platform, today announced that it has signed a definitive agreement to acquire market-leading German fintech company, viafintech, in an all-cash transaction. viafintech, known under the brands of Barzahlen/viacash and viacash, offers the largest, bank independent, payments infrastructure in the DACH region, allowing a popular alternative to the traditional banking structure. For Paysafe, this latest acquisition not only boosts its growth opportunities in G...

Aon | March 09, 2020

Aon Plc (AON.N) said on Monday it would buy Willis Towers Watson Plc (WLTW.O) for nearly $30 billion, in an all-stock deal which will make it the world’s biggest insurance broker and give it more pricing power, but also attract regulatory scrutiny. The acquisition, the insurance sector’s largest ever, unifies the second and third largest brokers globally into a company worth almost $80 billion, overtaking market leader Marsh & McLennan Companies Inc (MMC.N). It comes at a time wh...

FINTECH

Visa, TransferWise | February 02, 2021

Visa and TransferWise have agreed and announced a global partnership to successfully launch the first use of Visa Cloud Connect. This new launch is for fintech and partners to securely connect Visa's global processing network, VisaNet, through the cloud. The new technology creates a new global agreement between Visa and TransferWise that will allow TransferWise to expand its multi-currency debit cards, mainly in Europe, Asia Pacific, the Middle East, Latin America, the Caribbean, U.K., and U...