COSTA MESA, Calif. - (09/01/05) -- Credit bureau Experian saidWednesday it has agreed to acquire Baker Hill, a Carmel, Ind.,-based provider of relationship management, loan origination andrisk management solutions for banks, credit unions and otherfinancial service providers. Baker Hill, known for itsLiquidCreditBank2Business loan origination system, will helpExperian deepen its Small Business Credit Share program. Baker Hillwill operate as a business unit in Experian's Business InformationSolutions division. Terms of the deal were not disclosed. Experianis a unit of England-based GUS plc.
-
To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.
31m ago -
Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.
31m ago -
Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hardline stance on modifications.
1h ago -
Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6





