MILWAUKEE - (12/31/04) -- Marshall & Ilsley Corp. said itsMetavante unit continued on its acquisition spree with a deal topurchase Prime Associates Inc., a Clark, N.J.-based provider ofsoftware, data and services for regulatory compliance for financialinstitutions. The company provides regulatory compliance materialsfor the USA Patriot Act, Bank Secrecy Act and other regulations andlaws. The deal is expected to close in February. Terms of theacquisition were not disclosed.
Groups representing community banks and credit unions argue that the Department of Agriculture used a faulty process when it removed 10 lenders from its OneRD loan guarantee program
The Kansas City bank plans to purchase St. Louis-based Nolan & Associates, adding to its investment banking advisory capabilities.
Wise grew its net revenue 19% year over year to $2.5 billion in its fiscal 2026, aided by increased deposits, cross-border volume and spending on the Wise card. It's the latest sign that interest in cross-border payments and multicurrency accounts is heating up.
X Money includes rudimentary functions like deposits and P2P transfers. But it's also laying groundwork for a potential move into agentic commerce and broader financial services — which analysts say is necessary for the app to thrive in a crowded market.
Taktile's backers now include Goldman, Tiger Global and Index Ventures, lifting its total raised to $184 million since 2020.
The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.
