Betsy Cohen, who founded and formerly operated The Bancorp, is planning to take a $750 million shell company public this week. CNBC reported that FTAC Olympus Acquisition, a special purpose acquisition company (SPAC), will be listed on the NASDAQ with the goal of merging or...
Shipments and spending were down in the first quarter of 2020 compared to the fourth quarter of 2019, according to the U.S. Bancorp Freight Payment Indexes. “Despite the strong movement of consumer staples during the second half of March, both the shipment and spend indexes...
U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million, according to reports on Monday (Nov. 18). The deal comes as Sage Pay’s parent company Sage Group said in September that it was seeking “strategic alternatives for the payments business.” The...
The Bancorp in Delaware is dealing with a potential earnings problem after an $11.2 million automated clearing house (ACH) payment was returned, according to a report by American Banker. The company, which is worth about $4.9 billion, found out about the issue on Oct. 22...
August 26, 2020
Betsy Cohen, who founded and formerly operated The Bancorp, is planning to take a $750 million shell company public this week. CNBC reported that FTAC Olympus Acquisition, a special purpose acquisition company (SPAC), will be listed on the NASDAQ with the goal of merging or acquiring financial technology (FinTech) businesses. SPACs, so-called “blank check” or […]
November 18, 2019
U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million, according to reports on Monday (Nov. 18). The deal comes as Sage Pay’s parent company Sage...
October 25, 2019
The Bancorp in Delaware is dealing with a potential earnings problem after an $11.2 million automated clearing house (ACH) payment was returned, according to a report by American Banker. The...
