Equinox Payments

16 results about this entity

Period: 04 Nov 2004 - 04 Aug 2011

DoJ settlement clears way for VeriFone takeover of Hypercom

The Department of Justice has cleared VeriFone's acquisition of rival Hypercom after the firms agreed to sell the latter's US point-of-sale terminals business to private equity company Gores Group.

US sues to block VeriFone's Hypercom takeover

The US Department of Justice has filed an antitrust lawsuit in a bid to block POS terminal vendor VeriFone's planned $485 million acquisition of rival Hypercom.

Ingenico to buy Hypercom US payments system business

French eftpos outfit Ingenico has agreed a $54 million cash deal to buy the US payments system business of Hypercom.

VeriFone makes hostile bid for Hypercom

VeriFone has launched a £337 million hostile bid for rival card terminal outfit Hypercom after seeing an initial friendly approach rebuffed.

Plastic fantastic goes on display at Cartes

Improvements in online banking security, prototypes for 'ultra-mobile' m-payments, contactless and eco card initiatives are among the new technologies on show at the annual Cartes & IDentification event in Paris which opens Monday.

Westpac and Hypercom ink $50m payment terminal contract

Australia's Westpac has signed a five year, US$50 million contract with Hypercom for the provision and maintenance of thousands of payment terminals.

Hypercom moves to buy Thales card payment unit as Ingenico steps aside

Arizona-based e-payments firm Hypercom says it has executed a deal to acquire a card payments unit from Thales. At the same time Hypercom's own suitor - France's Ingenico - has abandoned a bid to buy its business.

Ingenico bids for Hypercom

French eftpos outfit Ingenico has made an unsolicited all-cash bid to acquire rival US e-payments firm Hypercom for around $332 million, but the deal is contingent on the Arizona-based vendor dropping a proposal to acquire a card payments business from Thales.

Hypercom to buy Thales' card payments business; appoints new CEO

Payments technology vendor Hypercom has begun talks with Thales to acquire its e-Transactions business division for $120 million plus an additional performance related earn-out of up to $30 million. Separately, Hypercom has made several new board appointments and promoted Philippe Tartavull to president and CEO of the company, replacing William Keiper who resigned in July.

Finextra50 drops 3.19% led by i-flex and Vasco Data Security

Very few stocks posted gains last week as the Finextra50 Financial Technology Index lost ground to close at 100.21. Double-digit percentage falls from i-flex and Vasco Data Security led the downward trend, while Online Resources, Nucleus Software and Chordiant Software also saw significant share price reduction.

Financial technology stocks rally, led by Morningstar and Vasco

The Finextra50 Financial Technology index closed last week at 103.52, increasing just slightly after posting a 4.71% rise the previous week. Morningstar and Vasco Data Security were the biggest gainers, rising 20% and 19% respectively over the past two weeks.

Vasco Data Security leads Finextra50 higher

The Finextra50 Financial Technology Index ended last week up 2.23% to 95.36, as European stocks recovered some of their losses from earlier this month, and some strong index performers from the US continued to rise.

Finextra50 rides rollercoaster week to new low

Despite the turbulent markets there were a few bright spots last week, such as S1, Computershare and Hypercom, which ended the week up. Some fintech stocks benefited from the market recovery on Friday to pare back their losses. But prevailing market conditions and profit warnings led to some significant drops for many constituents as of Friday, led by ACI Worldwide, Cognizant, Ingenico and Diebold. This caused the Finextra50 Financial Technology Index to fall 2.58% to 93.28.

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

ICICI Bank orders 5000 Hypercom PoS terminals

India's ICICI Bank has contracted with US-based Hypercom for the supply of 5000 T7Plus EMV-certified card payment terminals which it will roll out to its merchant clients across the country over the next two months.

HyperCom wins $4m EuroConex chip and PIN terminal contract

European payments processor Euroconex has signed a $4 million contract for the supply of US-based Hypercom Corporation's ICE 5500 smart card payment terminals and HFT 106 PIN pads which it will roll out to merchant clients in the Republic of Ireland.