Verifone has acquired 2Checkout, the Atlanta-based e-commerce payments processor, as Verifone continues to expand its online resources.

Naspers Ltd.-backed cryptocurrency exchange Luno has been acquired by New York-based digital asset investment firm Digital Currency Group, according to a company release seen by Bloomberg.

The industry saw small gains in many loan categories during the second quarter, but credit cards declined. A new study from WalletHub shows the biggest quarterly drop in credit card balances in over 30 years.

Only one of the 118 loans bought by the Federal Reserve through Aug. 31 was close to the $250,000 minimum in the rescue program, aimed small to midsize businesses hurt by the pandemic.

Bartow Morgan Jr., who ran Brand Banking when it was sold to Renasant, also plans to raise $150 million to expand the seller's products and services.

In the short term, there’s no doubt that acquiring is faster than building something yourself. But to maintain quality and value for your merchants, you have to go through the process of deeply understanding the problem to build a solution that truly solves it, says Adyen's Ingo Uytdehaage.

A plan to merge the $5.5 million-asset credit union into Cal-Com FCU will provide additional services for members while also easing the process of replacing several employees who plan to retire this year.

The New Jersey company will add three branches in the northern part of the state as part of the transaction.

The purchase-and-assumption transaction, if approved, would become the first credit union-bank merger in Alabama.

The California company has acquired Mid-Central Federal Savings Bank, which is converting to a national bank.

The two institutions have assets of more than $215 million and serve over 12,000 members.

FIS' purchase of Worldpay in 2019 required Ellyn Raftery, the company's chief marketing and communication's officer, to reshape its brand to showcase the strengths of both companies — all while a major global pandemic hastened her timeline.

The division asked for public feedback as it weighs changes "to reflect emerging trends in the banking and financial services sector."

Pathways Financial's acquisition of Standard Register FCU increases its foothold in the Dayton market.

CIT inherited the business with its purchase earlier this year of Mutual of Omaha Bank.

The deal continues Sound's push into markets north of its Tacoma headquarters.

An acquisition of the social app would bring with it users and data that can fuel Walmart, Microsoft or Oracle’s e-commerce and marketing battles against top competitors.

The Justice Department alleges that the bankers worked with “higher-ranking bank officials” at Washington Federal Bank for Savings in Chicago to falsify records and hide funds before the bank's December 2017 collapse.

The company said the sale will provide more consistent financial results and allow it to redeploy funds to support other businesses.

The Iowa company said the coronavirus outbreak and litigation against AimBank will postpone the deal's completion by a few months.