M&A
M&A
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Traditional credit scoring is under siege from alternative underwriting, and TransUnion is joining the future by investing in other emerging trends such as mobile device security and health care payments.
May 21 -
Sageworks, a financial services software firm that provides institutions with lending and risk solutions, was sold to Silicon Valley-based Accel-KKR.
May 21 -
Citizens Bancshares has agreed to buy Regional Bankshares for $11 million.
May 21 -
The company said the move would help it become more efficient at a time when clients are making greater use of digital channels.
May 21 -
The nearly $5 billion deal to acquire MB Financial would provide the Cincinnati company with immediate scale in the Windy City.
May 21 -
Michael Fitzgerald, who was selected to lead United Bank, was CEO of Bank of Georgetown for 11 years before it was sold to United.
May 18 -
Employees reportedly unit doctored documents; payments company buys Swedish fintech firm just before it goes public.
May 18 -
PayPal has agreed to acquire iZettle—often called the Square of Europe—in a move that could blunt Square’s prospects in key markets.
May 17 -
When potential sellers are skittish, a merger pitch from a peer who’s been through it can make the difference.
May 17 -
KS Bancorp is buying back all the shares that First Citizens acquired in an effort to take over the much smaller bank.
May 16 -
The Massachusetts bank agreed to buy Fabri & Rourke, which focuses on commercial insurance products.
May 16 -
The company agreed to buy the parent of First National Bank of Crossett for about $13 million.
May 16 -
The most common credit union mergers involve a small credit union being acquired by a much larger one, but that could be changing, as three recent deals involving credit unions with more than $300 million in assets as the ones being merged out.
May 16 -
Regulatory burden was the dominant theme of a roundtable discussion, but executives are also concerned about their ability to attract skilled workers and they have mixed feelings on how corporate tax cuts are affecting customers' decisions.
May 16 -
Bigger credit unions present a formidable challenge for banks in areas such as business lending.
May 16 -
The $18 million-asset credit union has lost money each year since at least 2015. Service 1st, meanwhile, made more than $3.1 million last year.
May 15 -
RIchardson & Stout, which is based in western New York, is the 16th insurance business that Evans has bought or agreed to buy.
May 15 -
A need for risk-focused data aggregation and analytics tools is at the heart of IBM's latest acquisition for its bank consulting portfolio.
May 15 -
Beacon Community Bank, which opened in January, raised $34 million through a private placement.
May 14 -
State Bank popped up on the Houston company’s radar eight years ago, but management waited until now to strike.
May 14





















