2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization, where large firms scooped up other large firms for tens of billions of dollars. FIS bought Worldpay for a staggering $43 billion. Fiserv bought First Data for more than $22...
Kani Payments, a global data reconciliation and reporting platform, has formed a strategic partnership with Pismo, an issuer processing and core banking platform. This partnership extends the reach of Kani’s software-as-a-service (SaaS) platform to Pismo’s client base, including large banks, marketplaces and FinTechs, the companies said...
Visa has completed its previously announced acquisition of Pismo. With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together provide clients with core banking and card-issuer processing capabilities across all product types via cloud-native application programming interfaces (APIs), Visa...
For the payment networks, the reach and scale is there to create new digital platforms for financial institutions — natural extensions of the relationships that are already in place. And along the way, with technological infrastructure and application programming interfaces (APIs) in the mix, a...
April 02, 2024
2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization, where large firms scooped up other large firms for tens of billions of dollars. FIS bought Worldpay for a staggering $43 billion. Fiserv bought First Data for more than $22 billion. Global Payments added TSYS to its roster for nearly $22 billion. Much has happened […]
June 29, 2023
For the payment networks, the reach and scale is there to create new digital platforms for financial institutions — natural extensions of the relationships that are already in place. And...
October 19, 2021
Building out the digital connected economy has created a demand for new, end-to-end financial services infrastructure. As Ricardo Josua, CEO of FinTech Pismo, told Karen Webster, without that infrastructure in...
February 21, 2024
Kani Payments, a global data reconciliation and reporting platform, has formed a strategic partnership with Pismo, an issuer processing and core banking platform. This partnership extends the reach of Kani’s software-as-a-service (SaaS) platform to Pismo’s client base, including large banks, marketplaces and FinTechs, the companies said in a Wednesday (Feb. 21) press release emailed to PYMNTS. […]
January 16, 2024
Visa has completed its previously announced acquisition of Pismo. With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together provide clients with core banking...
June 28, 2023
Visa plans to acquire Pismo for $1 billion cash to provide more solutions to its customers. The acquisition will also expand the geographic footprint of Pismo, a cloud-native issuer processing and core banking...
March 27, 2023
Visa is reportedly competing to acquire cloud-based banking and payments platform Pismo. The company has boosted its offer for the Brazilian-based FinTech company from $1 billion to $1.4 billion, Seeking...
