Negotiations have fallen through on a potential $70 billion merger between payments and banking technology firm FIS and merchant ecommerce and omnichannel solutions firm Global Payments—though unclear why. The unsuccessful merger talks between FIS and Global Payments come amid recent wide-scale consolidation and M&A moves throughout the global payments space. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry with the Payments & Commerce Briefing. You can learn more about subscribing here. Payments and banking technology firm FIS and merchant ecommerce and omnichannel solutions firm Global Payments were recently in advanced talks to merge in a $70 billion deal, though negotiations have since fallen through, per The Wall Street Journal.