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Fortis, formally Fortis N.V./S.A., was a Benelux-centered global financial services group active in insurance, banking and investment management, initially formed in 1990 by a three-way Belgian-Dutch merger and headquartered in Brussels.
The company, formerly known as Fortis, Inc., was spun off from Dutch and Belgian financial-services company Fortis Insurance N.V. in 2004. The company's initial public offering on Feb. 5, 2004 at $1.76 billion was the fourth largest that year. In connection with the public offering, the company changed its name to Assurant, Inc. [4] [5]
The firm created its first wholly owned subsidiary, BKD Corporate Finance, LLC, in 1994 (rebranded to BKD Capital Advisors in 2019 [7]) and passed the $100 million revenue mark in 1999. The firm created its charitable arm, the BKD Foundation, in 1999; since making its first charitable gift in February 2000, the foundation has given more than ...
In 2004, he co-founded the Fortis Property Group with his son and Jonathan Landau, a modern Orthodox Jewish attorney from Cleveland, Ohio. [5] Within two years, the company acquired over $3 billion in properties, primarily Class A office buildings in Dallas , Boston , and Norfolk, Connecticut . [ 5 ]
Merchant Customer Exchange (MCX) was an American company created by a consortium of U.S. retail companies to develop a merchant-owned mobile payment system, which was to be called "CurrentC." The joint venture was announced on August 15, 2012.
BNP Paribas Fortis is a 25% shareholder of Batopin (Belgian ATM Optimisation Initiative), a Belgian company that was established jointly by BNP Paribas Fortis, KBC, Belfius and ING Belgium on 10 March 2020. The company manages an ATM park for the four participating banks under the neutral brand name Bancontact CASH, independent of the shareholders.
Until 2009, the bank was known as Fortis MeesPierson. The name derives from the November 1992 merger of merchant banks Mees & Hope (founded by Franco Cordelois, Jan de Vrijer & Rudolf & Gregorius Mees as Cordelois, de Vrijer & Mees in 1720, becoming G. Mees & Zoon and was renamed R. Mees & Zoonen which merged with Hope & Co. (founded by Scots Jan & Henry Hope in 1762) in 1962) and Pierson ...
Bank of America Merchant Services was created by Bank of America and First Data in 2009. [2] Bank of America Merchant Services manages sales and customer service and First Data handled the transaction processing. [1] In 2013, the company was the largest U.S. merchant acquirer by Visa and Mastercard volume, processing $517 billion in payments. [2]