Verifone Owner in Talks to Buy Payments Firm Moneris

A pair of Canadian banks is reportedly in talks to sell payments-focused FinTech Moneris . The deal between Royal Bank of Canada and Bank of Montreal and the private equity firm Francisco Partners could value Moneris at more than $2 billion, the Financial Times (FT) reported Sunday (May 3), citing sources familiar with the matter. Despite protracted negotiations, a deal could come together by the summer, those sources said, while warning the acquisition could fall apart or other suitors could em