How Capital One sees digital identity as a business opportunity
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. ... Read full article
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. ... Read full article
Blue Gate Bank, which opened in January 2017, is being sold to Big Poppy Holdings. ... Read full article
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. ... Read full article
Industry consolidation can help boost bank profitability in the short run, but it’s no panacea for the industry’s bigger problems. ... Read full article
Independent Bank had no intention of expanding outside Texas until it gained a few stray branches in a neighboring state. ... Read full article
A new round of consolidation may be about to begin, starting in Europe; looser corporate underwriting standards and lower rates draw OCC attention. ... Read full article
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; ... Read full article
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. ... Read full article
CEO Bruce Lee believes a multicharter model, which many other banks have scrapped, gives the Iowa company an edge in smaller markets. ... Read full article
The Pennsylvania company agreed to pay $17 million for Community First. It is Emclaire's third bank acquisition deal since early 2016. ... Read full article
An activist investor, which opposed two director nominees, failed to obtain the legally required approval from the Seattle company's state bank regulator before launching its challenge. ... Read full article
Otting wants banks to make small loans to consumers; the German bank will reduce headcount by at least 7,000. ... Read full article
The agreement was tied to the Puerto Rico company's 2010 purchase of the failed Westernbank. ... Read full article
A recent wave of high-premium acquisitions, paired with sweeping regulatory reform, is setting the stage for more large-scale M&A. ... Read full article
The Indiana company agreed to pay $101 million for the $586 million-asset First Security. ... Read full article
The planned acquisition will add $187 million in assets in the Puget Sound area. ... Read full article
Independent's branch network in Denver will nearly triple after it completes the $1 billion acquisition. ... Read full article
MapleMark Bank, which was known as First National Bank of Edgewood when it was bought by an investment group last year, will use the funds to support commercial lending and private banking. ... Read full article
The company will snag its first branches in three towns in Connecticut and Rhode Island after buying locations from Webster Financial. ... Read full article
The Asian-American bank agreed to buy SWNB Bancorp for $77 million. ... Read full article