OneSpan

71 results about this entity

Period: 14 Nov 2007 - 27 Dec 2023

Weaker earnings at Vasco and DST drag Finextra50 lower

Weaker than expected earnings for several US fintech stocks dragged the Finextra50 Financial Technology Index down one percent to 85.80 on Friday in a week that saw very few companies post significant gains. Orc and Advent were among those bucking the trend.

Vasco revenue slows, income dips on sluggish bank spending

Online security vendor Vasco is reporting a 15% drop in operating income for the first quarter, amid signs of a slowdown in the approval process from banking clients.

Arab Bank signs for Vasco authentication technology

Jordan-based Arab Bank is rolling out multi-factor authentication technology from e-security firm Vasco to provide its customers with secure access to its new Internet banking service, Arabi Online.

Indian fintech vendors battered again

Continuing market volatility resulted in Indian fintech stocks taking a bath last week, further depressing the Finextra50 stock index.

Vasco enters Japan with Mizuho deal

Japanese Mizuho Bank is rolling out multi-factor authentication technology from e-security firm Vasco to users of its retail Internet banking service, Mizuho Direct.

Finextra50 up 1.2% led by ChoicePoint and Microgen

The Finextra50 Financial Technology Index closed up 1.2% to 86.91 last week as Reed Elsevier's planned acquisition of ChoicePoint saw the latter's stock rise by 41%, while lower than expected quarterly results and outlook from Vasco Data Security saw its stock hit a 52 week low.

Finextra50 bounces back 2.5% led by Vasco, Tsys and Temenos

The Finextra50 Financial Technology Index closed last week higher at 84.06, and despite the decline in Europe's markets last week, it was the index's Indian fintech stocks that took the biggest beating, led by i-Flex, which fell 18.41%

Finextra50 plunges 6.12% led by Vasco and S1

The Finextra50 Financial Technology Index closed last week down to 85.65 as markets worldwide, particularly Nasdaq tech stocks, took a beating. Vasco Data Security and S1 saw the biggest falls, while Temenos pared back a big drop earlier in the week as acquisition rumours circulated on Friday. The week's only significant gainers were Gresham Computing, Chordiant Software and Broadridge.

Finextra50 ends 2007 down 4.65% since benchmark

The Finextra50 Financial Technology Index held steady over the final two weeks of December, finishing the year at 95.35 despite big falls for ACI Worldwide and Gresham Computing.

Finextra50 up 2.14% led by Microgen, Nucleus and Polaris

Metavante enters the Finextra50 Financial Technology Index in a week that saw the index close up to 96.42, although capital markets software firms IRESS, Fidessa, Linedata and Misys all fell.

Cognizant and Reuters drag Finextra50 down by 6.9%

The Finextra50 Financial Technology Index ended last week down at 96.2. Six months after the creation of the index we have recalibrated the constituent companies, with four firms being replaced by new entrants. One of these, Bravura, joined Broadridge and Pegasystems among the few companies to buck the downward trend last week and see a significant rise in share price.