Amid a modest flurry of PR, the merged entity of Ace*Comm and TeleSciences has revealed its new name – Ventraq. by Teresa Cottam
It doesn’t seem like five minutes – well it’s about three months – since Sybase announced it was partnering Paybox. Now it’s buying them. Teresa Cottam asks what this means for the m-payments world.
Banco Santander has grown quickly through acquisition and is able to take advantage of the current crisis to cost-effectively continue that expansion. Teresa Cottam considers the lessons that can be learnt by telecoms operators from Santander’s strategy.
The financial cloud has a silver lining for some
Banco Santander has been busy. Amid the panic in the banking sector, Santander is in the enviable position of calmly being able to step in and buy up its rivals’ assets while the markets are down and the prices are good. To this end it just picked up the Bradford and Bingley’s savings business (GBP22 billion in deposits) for GBP612 million, which it added to its growing UK portfolio. Read more…
