Deal puts apparent end to Fundtech-S1 Corp. merger; S1 also target of hostile takeover bid from ACI.
HEIT, the Colorado-based provider of cloud-based infrastructure, compliance and security services to more than 200 credit unions, is being sold to Computer Services Inc. of Paducah, Ky.
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.
Provider of IT security services to more than 500 credit unions extends five-year relationship with CSS.
S1 Corp. has renamed the information security business it bought last March to S1 Defense.
The $490 million Rivermark Community Credit Union said more than 3,600 members signed up for its new mobile banking service since its Dec. 13 launch.
A growing relationship with an infrastructure outsourcer is giving Greater Nevada Credit Union what it might not be able to get on its own-a steady supply of diverse, high-end IT talent in one package.