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NewsBriefs

Editor's Note: Following are excerpts from news stories recently
posted under Breaking Industry News on our home page. For links to
these and other full news stories, please visit www.greensheet.com/
breakingnews.php?flag=previous_breaking_news.
Worldpay, Vantiv merger progressing

With their merger expected to close in January
2018, Vantiv Inc. and Worldpay Group stated they
had confirmed key executive roles and designated
Cincinnati as the new company's global and corporate
headquarters. London, where Worldpay is based, will
become the international headquarters for the company,
which will use the name Worldpay Inc.

Data breach aggregation: yes, it's a thing
A cache of stolen credentials is being sold on the Dark
Web. 4iQ made the discovery Dec. 5, 2017, during a
routine investigation of an underground community
forum. 4iQ investigators found the database of 1.4
billion stolen logins, displayed in clear text, organized
alphabetically and optimized for search.

Credit card unit of FBME scrutinized
Add credit card processing for illegal gambling and
pornography businesses, a service that is prohibited
under U.S. law, to the list of potential crimes for which
FBME Bank Ltd. is being investigated by the FBI and
U.S. prosecutors in Brooklyn, N.Y. This is according to
Bloomberg, which reported on the development on Dec.
16, 2017.
NYDFS lawsuit against OCC dismissed

A Manhattan federal judge dismissed a lawsuit filed in
May by the New York Department of Financial Services
challenging the U.S. Comptroller of the Currency's
proposal to grant national bank charters to fintech
companies. The judge dismissed the case as premature
since the OCC had not reached a final decision, and any
purported harm would be speculative.
Cayan acquisition to expand
TSYS capabilities, reach
TSYS revealed plans to acquire Cayan LLC. The all-cash
transaction, valued at approximately $1.05 billion, was
approved by TSYS' Board of Directors. TSYS executives
expect the merger to improve the company's capabilities,
market reach and top-line revenue. They shared details
in a Dec. 17, 2017, conference call.

Data on 123 million U.S. households exposed
Researchers at UpGuard Inc. confirmed that a cloud-
based data repository containing data managed by data
analytics firm Alteryx Inc. publicly exposed sensitive
personal information on 123 million U.S. households.
UpGuard discovered the leak on Oct. 6, 2017.

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