Account opening, online banking vendor sees new members signing up by droves at customer credit unions.
After rejecting its initial bid this summer, S1 Corp. has agreed to be acquired by ACI Worldwide Inc., the electronic payments and online banking companies said.
ACI Worldwide Inc. will buy S1 Corp., the companies announced Monday, and combine their global payments and online banking presence.
Deal puts apparent end to Fundtech-S1 Corp. merger; S1 also target of hostile takeover bid from ACI.
S1 Corp. says it will look at the takeover offer it got this week from ACI Worldwide but that its Fundtech merger plans remain in place.
Payments provider says proposed deal superior to Fundtech-S1 merger plan.
Online banking and financial services software and supply chain specialists S1 Corp. and Fundtech Ltd. are merging in a stock swap valued at approximately $700 million.
Payments, financial software supply chain, online banking specialists merger with Atlanta remaining as headquarters.
SAN FRANCISCO — Finovate attendees wonder whether CUs should be in business of helping members shop and spend.
PayPal's commanding presence in the P2P space is hard to compete with, so maybe joining them would be a better strategy for credit unions.