Fintech

With greater connectivity and more information being shared about customers and transactions, there will be more potential to generate valuable business intelligence, says Citizens' Matt Richardson.

Mike Daniels has been president and CEO of Nicolet's bank since 2015.

The Dallas company will pay nearly $54 million for a 49% stake in a lender that operates in 10 states.

The $56 million acquisition will extend Southern California Bancorp's footprint north of Los Angeles.

Barclays US, which offers a range of cobranded credit cards targeting middle-income consumers, is adding a buy now/pay later option for its merchant partners.

The cryptocurrency exchange plans to roll out a rewards Mastercard this summer, targeting cryptocurrency neophytes.

The Missouri company announced the deal just five months after buying Seacoast Commerce in San Diego.

Mobile wallets have seen strong adoption as an in-store payment method in China, but have lagged in appeal in the U.S. until recently. Coronavirus fears have caused many Americans to rethink the mobile wallet’s value proposition.

The merger would create a company with nearly 400 branches, 87 loan production offices and $87 billion of assets.

The proposed acquisition is the second deal in as two days to involve an Atlanta-based seller.