Fintech

The company will gain 34 branches and $1.2 billion in assets when it buys State Capital in Mississippi.

The company will buy TB&T Bancshares, which operates branches near Texas A&M University.

Intermediary banks play a vital role in the complex ecosystem of multi-currency payments, says Nvoicepay's Alyssa Callahan.

The Pennsylvania company will pay $31 million for a bank with $269 million in assets.

The California company said it has no timeline for Russell Colombo's expected retirement.

Selling to international markets is the name of the game for online merchants, which face a threat to their relevance if they can't match the distinct transaction preferences of individual markets.

Online and cloud-hosted B2B services are on the rise, breaking apart traditional payroll and exposing pain points for technology developers to address.

The launch of the products comes more than a year after Capital One wrested the Walmart partnership from Synchrony Financial.

Despite concerns over how regulatory requirements affect short-term funding markets, the central bank is not considering a reduction in the liquidity coverage ratio, Jerome Powell said.

Nearly a tenth of the industry’s deals this year were connected to the state, which boasts a good number of sought-after small banks.