SIA to Acquire UBIS for €500MM

SIA to Acquire UBIS for €500MM

Unicredit Business Integrated Solutions (UBIS) and SIA inked a €500 million deal. UBIS also signed with SIA a ten-year outsourcing contract for the supply of processing services for transactions made using debit, credit and prepaid cards, and for the management of POS and ATM terminals. The deal involves the processing activities of around 13.5 million…

Baker Hill Launching AppGen

Baker Hill Launching AppGen

Baker Hill is launching on August 15th, AppGen, which allows consumers and small businesses to apply for credit cards and loans from any location leveraging a responsive design. AppGen allows financial institutions to launch or strengthen online and mobile lending channels to grow application volume. Loan applicants access a financial institution’s website or digital loan…

Capital One Stock May Hit $76

Capital One Stock May Hit $76

A new report says consumers nowadays are shifting to more convenient ways to pay for products and services, and this include the use of credit cards. However, rapid advancements in technology pose security threats, thus influencing spending trends. Four credit services equities are signifcant: Capital One, CIT Group, Equifax and Fifth Street Finance Corp. Capital…

Cubic Lands Miami-Dade DTPW Contract

Cubic Lands Miami-Dade DTPW Contract

Cubic Transportation Systems (CTS) was awarded a $33 million contract from the Miami-Dade County’s Department of Transportation and Public Works (DTPW) to modernize the Cubic-supplied EASY Card revenue management system and provide 10 years of back office cloud computing and support services. The systems enhancement project provides a significant technology refresh and expansion of customer…