Global Payments Inc

Global Payments' purchase of TSYS is the latest merger of large payment technology companies — and by no means the last.

TSYS and Global Payments have announced a $21.5 billion merger, the third M&A deal in the financial/fintech industry of more than $20 billion this year.

Global Payments hasn't hesitated to shell out huge dollars if it provides a quick-strike opportunity to pair technology with multichannel payments in markets where such marriages remain rare.