Canadian Fintech Expertus, Processor of $50B in Transactions Per Day, Acquired by Tech Giant IBM
Canadian Fintech Expertus, Processor of $50B in Transactions Per Day, Acquired by Tech Giant IBM New York-based tech giant IBM Corp. (NYSE:IBM) has acquired Expertus Technologies Inc., a Canadian Fintech company that assists clients with processing over $50 billion in transactions per day. IBM bought the company so that it could enhance its electronic-payments capabilities. Expertus has now been added to IBM’s Global Business Services division. The financial terms of the transaction have not been shared publicly. Banks across the globe are investing approximately $100 billion to streamlin...