Meta Financial discloses IT control weakness tied to recently acquired bank
The South Dakota company discovered "inappropriate user access" to applications at Crestmark Bancorp, which it bought last year. ... Read full article
The South Dakota company discovered "inappropriate user access" to applications at Crestmark Bancorp, which it bought last year. ... Read full article
The card company is buying the corporate-services businesses of Danish payments provider Nets A/S; the online lender’s stock plunged after it missed second quarter earnings expectations. ... Read full article
Consolidation heated up in recent weeks after a tepid start this year. Here is an overview of noteworthy deals announced in June and July. ... Read full article
The Los Angeles unit of Royal Bank of Canada plans to use FilmTrack to handle more complex transactions for major networks, studios and distributors. ... Read full article
The Atlanta fintech, whose shares have plummeted since it went public last year, also said it will stop providing financial guidance to its investors. ... Read full article
The company will pay $43 million in cash for a bank with seven branches and $209 million in deposits. ... Read full article
Credible Labs, which lets consumers shop for the best rates on student loans, mortgages and other credits, would be part of an evolving digital strategy at Fox after the multibillion-dollar sale of many of its traditional media assets to Disney. ... Read full article
These banks posted strong quarterly results at a time when many others struggled with thinner margins and rising expenses. ... Read full article
3Rivers Federal Credit Union in Indiana will pay about $38 million for West End Bank. ... Read full article
The year's second-biggest bank merger created a Midwestern regional with nearly $50 billion in assets, and its CEO and executive vice chairman don't intend to stop there. ... Read full article
Dealmaking had been sluggish until mid-July. Factors behind the uptick include uncertainty about both margins and loan growth. ... Read full article
The Arkansas company will pay $434 million for Landrum Co., which has branches in Missouri, Oklahoma and Texas. ... Read full article
The Louisiana company will pay $15 million in cash for Bank of York. ... Read full article
To combat the notion that regional banks’ tech offerings are inferior, the combined BB&T-SunTrust will have to go “toe-to-toe” with big banks, BB&T chief Kelly King said ahead of shareholder approval of the deal Tuesday. ... Read full article
Byline Bancorp is in discussions to buy Parkway Bank and Trust, according to a local publication. ... Read full article
House lawmakers go light on BB&T-SunTrust merger; Santander Bank names longtime MUFG Union executive its CEO; the fintechs trying to solve America's retirement problem; and more from this week's most-read stories. ... Read full article
Fiserv expects its $22 billion purchase of First Data Corp. to close on Monday after clearing regulatory requirements. ... Read full article
Record oil production has lenders contemplating acquisitions in the region. ... Read full article
First Financial Banc will gain nearly $300 million in liquidity when it acquires First National Corp. of Wynne. ... Read full article
The company agreed to buy the parent of Countryside Bank for $90.5 million. ... Read full article