The Rhode Island regional agreed to buy Franklin American Mortgage in a deal that will give it one of the nation's 15 largest bank-owned mortgage platforms.
With the acquisition of Confyrm, the bank is among the few players that are putting themselves in position to sell ID authentication services to other businesses.
The authentication software and hardware provider is shifting its focus to identity verification and account onboarding, another sign that the newest generation of bank customers is not interested in coming into a branch to set up an account.
Comprehensive analysis of the banking industry's first big legislative victory since the crisis; lawsuits target banks with websites in violation of the Americans with Disabilities Act; what a homegrown app for millennials has to teach Wells Fargo; and more from this week's most-read stories.
Royal Bank of Canada, CIBC and Toronto-Dominion have the capital to do deals, but they would rather use it to build out new business lines or expand into new markets than buy other banks. Here’s why.
