Global Credit Union to acquire First Financial Northwest Bank for $231m
Acquisition Deal: Global Credit Union signs a definitive agreement to acquire First Financial Northwest Bank for $231.2 million in an all-cash deal.
Transaction Structure: The...
Paymob lands PSP licence from Oman’s central bank
Paymob, a MENAP-based fintech, is now licensed as a Payment Service Provider (PSP) by the Central Bank of Oman.
Paymob claims to be...
Encompass Corporation snaps up CoorpID and Blacksmith KYC from ING
Acquisition Move: Encompass Corporation acquires CoorpID and Blacksmith KYC from ING to enhance its corporate Know Your Customer (KYC) services.
Specialization Focus: Encompass, a UK-founded...
US-based Citizens State Bank taps Revio to fuel customer growth
Citizens State Bank Partnership with Revio:Indiana-based Citizens State Bank of New Castle has selected Revio as its analytics and insights provider.
The...
JP Morgan Chase-owned WePay reportedly offboards a number of business clients
JP Morgan Chase's WePay reportedly offboards long-standing business clients.
The move suggests a potential shift in the bank's strategy away from competing with...
Brazil’s Conta Simples plots product expansion following $41.5m Series B
Conta Simples secures $41.5 million in Series B funding
Led by existing investor Base10 Partners
Funding to enhance corporate card platform and expense...
Commerzbank forms joint venture with Global Payments for SME payment solutions
Commerzbank and Global Payments form a joint venture, Commerz Globalpay, for digital payment solutions in Germany.
Ownership split: 51% Global Payments, 49% Commerzbank;...
Aeon Bank given the go-ahead to commence digital banking operations in Malaysia
Aeon Bank Approval:Aeon Bank, based in Kuala Lumpur and formerly known as ACS Digital Berhad (ADB), has received approval from Malaysia's central...
Singapore’s GXS Bank reportedly receives $109m investment from parent company Grab
GXS Bank Funding:Singapore-based digital banking challenger GXS Bank has reportedly received an additional $109 million investment from its parent company, Grab Holdings.
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