CIT Group will gain nearly $7 billion in low-cost deposits, mostly tied to homeowners associations, as part of the acquisition.

Andigo CU said it would merge into Consumers CU, creating the fifth-largest credit union in Illinois.

The companies said the merger will provide scale and help them update technology more efficiently.

The London-based retail foreign exchange firm ChangeGroup has acquired the retail branch arm of the Swedish finance group SVEA Ekonomi to serve consumers who continue to demand cash payments.

The U.K.’s Equals Group’s FairFX currency unit has purchased Hermex FX, another U.K. firm serving corporate customers with currency exchange and payment services.

The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions.

Ancora Advisors also suggested that the company get rid of its current management team.

The bank will buy First State Bank of Mobeetie.

The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding.

The company will pay $13 million for the parent of Western Bank of Wolf Point.

Groups seeking to open a new institution will submit preliminary information for review by the National Credit Union Administration.

Palmer Proctor, who took over at Ameris after it bought Fidelity Southern, where he was also CEO, says more deals would be a "distraction."

The South Dakota company discovered "inappropriate user access" to applications at Crestmark Bancorp, which it bought last year.

The card company is buying the corporate-services businesses of Danish payments provider Nets A/S; the online lender’s stock plunged after it missed second quarter earnings expectations.

Consolidation heated up in recent weeks after a tepid start this year. Here is an overview of noteworthy deals announced in June and July.

The Atlanta fintech, whose shares have plummeted since it went public last year, also said it will stop providing financial guidance to its investors.

The Los Angeles unit of Royal Bank of Canada plans to use FilmTrack to handle more complex transactions for major networks, studios and distributors.

Mastercard has spent more than $4 billion on investments so far in 2019 to thread a needle between several must-haves in the digital payments market.

Mastercard Inc. agreed to buy a payments platform owned by Denmark-based Nets for 2.85 billion euros ($3.19 billion), using its biggest-ever acquisition to help extend a push into faster payments.

Credit unions not actively thinking about mergers are at risk of missing out, an industry expert warned at a recent conference.