M&A
M&A
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The acquisition of the Texas-based lender will help Regions expand its offerings to small businesses while adding about $2 billion of loans to the bank's balance sheet.
February 27 -
When small banks leave the community, it makes sense for credit unions to fill the void.
February 27 -
Deluxe has spent many years working to diversify beyond paper checks, which are in an inevitable decline. But that diversity led to confusion.
February 27 -
Investors and deep-pocketed payments firms have funneled hundreds of billions of dollars into the payments industry, demanding results in areas as wide ranging as digital processing, consumer experience, risk management and compliance.
February 27 -
The companies spent much of the past decade completing smaller deals that created complementary footprints in the Southeast.
February 26 -
Lineage Financial Network, led by former Franklin Financial CEO Richard Herrington, plans to acquire Sumner Bank and Citizens Bank.
February 26 -
The banking group issued lawmakers a guide on questions to ask as credit union executives visit Capitol Hill for two days.
February 26 -
Fintechs like LendingClub and Varo Money illustrate how the traditional financial system is changing. Banks that don’t rapidly evolve with technology will be obsolete.
February 26 -
The debate centers on whether guidance on credit union-bank mergers is necessary.
February 26 -
ICBA outlined a series of questions for lawmakers that would force credit unions to defend the industry's practices during meetings with local representatives.
February 26 -
With its expenses soaring, the Toronto company has taken a $250 million restructuring charge to cover severance from staff reductions.
February 26 -
JPMorgan would consider buying other businesses; collectors would be allowed to pursue debt past the statute of limitations, if they warn borrowers.
February 26 -
London-based Checkout.com views the acquisition of ProcessOut and its data analytics platform as a complement for its end-to-end payments service, as it seeks to build strength in the European market and eyes further expansion into Asia Pacific.
February 25 -
Executives outlined changes in energy lending policies, said that the largest U.S. bank has only scratched the surface in middle-market credits and discussed their preparations in case of an economic slowdown.
February 25 -
Payments firm announces leadership changes; the bank will place restrictions on fossil fuel lending while adding to sustainable projects.
February 25 -
NCUA board member Mark McWatters defended the agency's position on credit union-bank purchases and called out the ongoing sniping on both sides of the argument.
February 25 -
WSFS, in an effort to catch up with bigger rivals, plans to upgrade digital channels in three years instead of five.
February 24 -
Observers speculate that Intuit simply wants to enhance revenue and protect its tax software business, but the CEOs of each company say the deal would also give consumers more control of their overall finances.
February 24 -
Intuit’s reportedly nearing a $7 billion deal to acquire Credit Karma, giving it an offering that could empower fintechs to more closely encroach on bank territory.
February 24 -
Intuit has agreed to buy Credit Karma for $7.1 billion. The move is seen as a way for Intuit to get access to more consumer behavior data, generate new sources of income and potentially protect a key business.
February 24




















