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Tech+Regulated - FIS + WorldPay

  1. hotmix87
    379 Posts.
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    18/03/19
    22:36
    Post #: 37803516
    So this is banking Tech platform (FIS) meets regulated acquirer (cards only)

    https://www.bankingtech.com/2019/03/fis-acquires-worldpay-for-34bn/

    Retail space for Worldpay mainly, some gambling

    Big banks use FIS, generally regarded as the "Rolls Royce" for Banks

    Competition to this latest tie up is from a) Fiserv and First Data https://www.paymentscardsandmobile.com/fiserv-and-first-data-agree-22-billion-merger/
    and b) LOL, slightly smaller, ISX and Probanx!


    Last edited by hotmix87: 18/03/19
    ISX Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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