Colin Wilhelm

BankMobile, a division of Customers Bank in Phoenixville, Pa., announced that it will be one of the first banks to adapt its mobile application specifically for the soon-to-launch Apple Watch.

Singapore Telecommunications Limited has agreed to acquire Chicago-headquartered digital security firm Trustwave.

Anchor BanCorp Wisconsin said Thursday that it has offered buyouts to nearly 20% of its employees and is closing six branches as part of its ongoing effort to improve efficiency.

Prosper Marketplace, one of the leading U.S. consumer marketplace lenders, announced $165 million in equity funding from large banks and other investors Wednesday.

Snapdeal, an Indian online marketplace similar to Amazon, eBay, and Alibaba, reached a deal to acquire FreeCharge, an Indian mobile transactions service.

Bitreserve, a payments startup that aims to give consumers the speed, transparency and cost advantages of Bitcoin without the currency fluctuations, hired a former Barclays executive as its president and chief operating officer, a newly created position.

Novantas, a New York-based bank advisory firm, has hired the former head of analytics for Bank of America.

Pinnacle Financial Partners in Nashville has agreed to buy CapitalMark Bank & Trust in Chattanooga, Tenn.

CBank in Cincinnati has agreed to buy Commercial Industrial Finance, a St. Louis equipment leasing and finance firm.

Hilltop Holdings in Lubbock, Texas, plans to issue $150 million in senior debt.

Navy Federal Credit Union closed over $1 billion worth of mortgages in March, and $2.5 billion year-to-date.

Bryn Mawr Bank in Bryn Mawr, Pa., has bought Robert J. McAllister Agency. The $2.2 billion-asset company did not say what it paid for the Philadelphia-area insurance and risk management agency.

Jacob Dienelt, a former financial adviser at Morgan Stanley, has joined Factom, a cryptocurrency tech startup, as its head treasurer.

Boss Tech Support, a remote tech support provider, has adopted California's MyECheck services for its own electronic check deposit needs, in conjunction with SunTrust Bank.

DNB Financial in Downington, Pa., has formed a business banking services division.

HMN Financial in Rochester, Minn., has agreed to buy certain assets and liabilities of Kasson State Bank.

BOK Financial in Tulsa, Okla., has named its new chief credit officer.

Encryption still vastly outpaces tokenization as a means of defending data in the cloud, according to a new report from a cloud data cybersecurity firm, CipherCloud.

San Diego Private Bank in Coronado, Calif., is set to have a new president and chief executive.

Union Bank of Switzerland (UBS) has joined the ranks of cryptocurrency enthusiasts.