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Investors seem to be betting that a long-rumored sale of the Dallas company is on hold now that it has named a new CEO, but analysts say it remains an attractive takeover target for a larger regional bank.
April 24 -
The Delaware company said newly formed NewLane Finance will use "advanced technologies" to provide expedited financing decisions.
April 24 -
SmartFinancial lined up a compelling merger with Entegra. Then a bigger bank offered more money and a higher premium.
April 24 -
Members of Bard Employees Federal Credit Union approved the merger into Baxter Credit Union earlier this month.
April 24 -
Urbana Postal Credit Union is the latest in a string of closures and rebrandings as CUs chartered to serve post office employees attempt to stay relevant.
April 24 -
With Wirecard's value tumbling since a Financial Times report two months ago alleging an accounting scandal in its Asian operations — and a followup Wednesday reporting that half of its revenue comes from "three opaque partner companies" — the German payments processor received a lift from a €900 million ($1 billion U.S.) investment from Japan's SoftBank.
April 24 -
NatWest has started a three-month testing period of a payment card using biometric fingerprint for authorization with 200 customers, saying it is the first such card issued by a U.K. bank.
April 24 -
Marqeta has launched a digital banking solution for European fintechs and signed three customers to use it: Aplazame, Morning and Yapeal.
April 24 -
The company, which is planning to revamp its organizational structure, has seen a sharp increase in funding costs over the past year.
April 24 -
The Wisconsin Supreme Court upheld a "narrow interpretation" of a state-level consumer-protection law that maintains lenders' rights to collect debts without fear of being sued for damages.
April 24 -
Silicon Valley, New York, London and several of China’s largest cities are the world’s leading fintech hubs, but many other locales are gunning for their crown.
April 24 -
Entegra Financial, which had a deal to be sold to SmartFinancial, has instead agreed to be sold to First Citizens, which offered more money and will pay a breakup fee for the initial deal.
April 24 -
The Decatur, Tenn.-based institution earned just $60,000 last year as its net worth ratio declined.
April 24 -
The British startup OakNorth sees U.S. community and regional banks as good prospects for its lending technology.
April 23 -
The Raleigh, N.C.-based institution said it also has more than 500 employees.
April 23 -
Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.
April 23 -
CEO Kessell Stelling said he thinks about Synovus' depressed stock price daily, even though his team is ahead of schedule cutting costs from a deal that closed in January.
April 23 -
The credit union is also developing a new shared branching space as part of a unique co-location strategy.
April 23 -
The latest World Council of Credit Unions project in the Caribbean will see the island nation working alongside Indiana CUs to share best practices, strategic initiatives and more.
April 23 -
The proposed combination of Sharon Credit Union and Crescent Credit Union still needs approval from regulators and members.
April 23






















