M&A
M&A
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Visa has signed a definitive agreement to acquire the Los Angeles-based chargeback and dispute resolution platform provider Verifi.
June 28 -
The millions of people displaced by war, famine and other hardships face distinct challenges and dangers when accessing and using money, and these pain points are being addressed by a blockchain-powered payment app that is part of Western Union's accelerator program.
June 28 -
FB Financial is selling its correspondent lending channel to Rushmore Loan Management Services, which will complete the bank holding company's restructuring of its mortgage business.
June 27 -
Amala Duggirala, Logan Pichel and Kate Danella are all part of the executive leadership team reporting to CEO John Turner.
June 27 -
The $550 million purchase will include a branch in the U.S. Virgin Islands.
June 27 -
The New Jersey regional will have higher capital levels after buying Oritani Financial. That was just one of the reasons why CEO Ira Robbins overcame his aversion to M&A.
June 26 -
First American Bank agreed to sell its Iowa branches to GreenState just weeks after arranging the transfer of its Florida locations to another credit union.
June 26 -
Besides the Iowa branch deal, First American Bank is also selling certain assets and liabilities in Florida in a previously announced transaction.
June 26 -
Valley, which had focused on Florida in recent years, will double its market share in Bergen County with the $740 million acquisition.
June 26 -
Brad Goedken wants agreements for HarborOne Bancorp to include better protections, such as cost reductions if a service fails.
June 25 -
Visa has agreed to acquire token services and digital ticketing technology from Rambus Inc. in a move the card brand says will expand its tokenization security beyond Visa cards into other networks.
June 25 -
The biggest challenge for credit union acquirers involves retaining commercial customers at the banks they buy. That's why constant communication, and having more commercial products and services, matter.
June 25 -
Credit unions can usually limit attrition of consumer accounts after a bank acquisition, but maintaining relationships with business customers is the bigger challenge.
June 25 -
This year’s payments industry mergers have exposed numerous corporate, geographic, product and talent gaps, yet perhaps few payment types are more challenging and stuck in the past than health care.
June 24 -
House Financial Services Committee Chairwoman Maxine Waters wants to examine the merger of BB&T and SunTrust, as well as Facebook's cryptocurrency plans.
June 24 -
The deal with Frandsen Financial is the 12th bank M&A transaction this year involving a seller in Wisconsin.
June 24 -
Seed, a San Francisco startup, has developed a platform that lets small businesses quickly open accounts online. That's an important feature for Cross River as it courts more fintech clients.
June 24 -
Shore Community Bank, which has five branches in Ocean County, will sell for $53 million.
June 24 -
Independent Bank in Texas, the seller, gained the business after buying Guaranty Bancorp.
June 24 -
Google explored the OCC's fintech charter, then walked away; the biggest changes in digital banking could be just ahead; 'Truist' rebrand prompts lawsuit by N.C. credit union; and more from this week's most-read stories.
June 21






















