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Old National Bancorp to buy KleinBank for $434m Indiana-based Old National Bancorp has agreed to acquire Minnesota-based KleinBank in a deal valued at around $433.8m. Banking Services > Commercial Banking > News
MetaBank, Global Cash Card extend relationship through 2022 MetaBank, a wholly-owned subsidiary of Meta Financial Group has signed an agreement to continue their relationship with Global Cash Card and will begin to support Wisely by ADP.
Banking Services > Payments > News MYbank launches Star Plan to support 1,000 financial institutions MYbank, an online private commercial bank in China with a focus on SME financing, has announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities to financial institutions in China.
Banking Services > Retail Banking > News Velocity Solutions acquires digital lending platform Akouba Velocity Solutions, through a subsidiary, has completed the acquisition of substantially all the assets of Akouba, a white label SaaS-based digital lending platform that enables financial institutions to underwrite loans quickly, efficiently, and profitably to small and medium-sized business (SMB) customers.
News
Old National Bancorp to buy KleinBank for $434m By BBR Staff Writer
Indiana-based Old National Bancorp has agreed to acquire Minnesota-based KleinBank in a deal valued at around $433.8m.
Banking Services > Commercial Banking > News Finastra buys mobile and Internet banking solutions provider Malauzai Finastra has acquired Malauzai, a provider of mobile and Internet banking solutions for community financial institutions.
Banking Services > Payments > News CYBG to acquire Virgin Money for £1.7bn By BBR Staff Writer
CYBG, owner of Clydesdale Bank and Yorkshire Bank, has agreed to acquire financial services firm, Virgin Money, in a deal valued at around £1.7bn.
News

Latest News and Insight by Sector

Banking Services

MetaBank, Global Cash Card extend relationship through 2022
MetaBank, a wholly-owned subsidiary of Meta Financial Group has signed an agreement to continue their relationship with Global Cash Card and will begin to support Wisely by ADP.
Banking Services > Payments > News
MYbank launches Star Plan to support 1,000 financial institutions
MYbank, an online private commercial bank in China with a focus on SME financing, has announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities to financial institutions in China.
Banking Services > Retail Banking > News

Wealth & Assets Management

ChannelNet, White Clarke Group to provide asset lenders with end-to-end financing systems
ChannelNet has announced a strategic partnership with finance technology firm White Clarke Group to offer an end-to-end financing solution to the global asset finance market.
Wealth & Assets Management > Asset Management > News
First Mid-Illinois Bancshares to acquire SCB Bancorp
First Mid-Illinois Bancshares has signed a definitive agreement to acquire all of the outstanding shares of SCB Bancorp.
Wealth & Assets Management > Asset Management > News

Intermediaries

Intercontinental Exchange to buy TMC Bonds for $685m
By BBR Staff Writer
Global exchanges operator Intercontinental Exchange (ICE) has agreed to acquire premier fixed income marketplace, TMC Bonds, for $685m in cash.
Intermediaries > ECN & Exchanges > News
smartTrade introduces cryptocurrency trading on FX platform
Multi-asset electronic trading solutions provider smartTrade Technologies has launched cryptocurrency trading on its FX Trading Platform.
Intermediaries > ECN & Exchanges > News

Technology

Alior Bank unveils plans to introduce pan-European digital bank
By BBR Staff Writer
Poland-based Alior Bank has unveiled plans to collaborate with solarisBank, Raisin and Mastercard to establish a pan-European digital bank.
Banking Services > Payments > News
IHS Markit to buy financial services solutions and data provider Ipreo for $1.85bn
By BBR Staff Writer
UK-based IHS Markit has agreed to acquire financial services solutions and data provider Ipreo from Blackstone and Goldman Sachs for $1.85bn.
Technology > Tech Outsourcing & BPO > News

Policies & Regulatory Compliance

Australian regulator to lay criminal cartel charges on ANZ, Deutsche Bank, Citigroup
By BBR Staff Writer
The Australian Competition and Consumer Commission (ACCC) is expected to place criminal cartel charges on financial institutions, including ANZ, Deutsche Bank and Citigroup Global Markets Australia.
Policies & Regulatory Compliance > News
SEC imposes additional fraud charges on Centra Tech over fraudulent ICO scheme
By BBR Staff Writer
The US Securities and Exchange Commission (SEC) has imposed additional fraud charges on Centra Tech over allegations related to its $32m initial coin offering (ICO) scheme.
Policies & Regulatory Compliance > News

Risk Management

Deutsche Bank launches eVault technology to power paperless solution
Deutsche Bank has launched eVault, a secure digital repository for exchange of documents, making it the first third-party document custodian to offer solutions for the handling of secure documents for its clients.
Risk Management > News
IBM, Crédit Mutuel extend partnership to better serve customers
Crédit Mutuel has collaborated with IBM to devise new ways of working to better serve the bank's 12 million customers.
Risk Management > News




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