PNC buys BBVA’s US arm for $11.6bn creating America’s fifth-largest bank
PNC expects the acquisition will generate around $900 million in cost savings.
PNC expects the acquisition will generate around $900 million in cost savings.
ACDC is in the process of applying for a banking licence in the US.
RTR marks a big step in modernising Canada’s payments system.
The firm is “not ready to announce anything yet”.
FinTech Futures’ weekly news round-up.
“Railsbank [is] set out on a mission to be a truly global platform.”
The bank deepens its relationship with cloud hosting giant.
Divido’s Christer Holloman launches Fintech Finishers to raise D&I awareness.
Former Absolute Software man joins up with Trulioo next week.
Learn how effortless it is to transform your operations and take data processes to the next level.
The bank’s aim behind the new service is to create “one global account”.
To date, the fintech has raised some $165 million in funding.
US regulator files lawsuit against Visa, accusing it of monopolistic tactics.
FinTech Futures’ weekly news round-up.
Fiserv EVP praises the credit union’s “commitment, dedication and efforts”.
“The opportunity to reduce our total cost of ownership was a key driver,” says bank.
Banrural has selected a host of Oracle systems and platforms.
The deal with Fundera sees NerdWallet continue to diversify its business.
The start-up’s speedy route to what could be unicorn status is unusual.
Pinnacle Bancorp is a $14.5 billion financial holding company based in seven US states.
ImageGear PDF enables developers to add a variety of PDF functionalities into an application.
The Massachusetts-based fintech wants to help parents teach their children about finance.
The acquirer expects the deal to increase its earnings per share by 2023.
“We are currently experiencing intermittent outages,” Chime said.
TradingView has landed six funding rounds totalling $40.8 million.
Bella offers a range of consumer-friendly options, including gifts and randomised cashback.
The value of Visa’s acquisition is also undisclosed.
The neobank aims to provide the same service as big banks without the fees.
Financial details of the agreement have not been disclosed.
Wirecard put the market value of its North American business at €824m.
BitGo had a valuation of around $170 million in 2018.
QuickAccept was developed by the team from WePay.
FinTech Futures’ weekly news round-up.
The investigation found that GSI breached a number of FCA and PRA principles and rules.
The US neobank promises an “enhanced outbound money experience”.
Agility Bank aims to raise $30 million prior to launch in 2021.
PayPal landed the first conditional crypto licence from the NYSDFS.
Together, Goldman Sachs, Wells Fargo, and JPMorgan Chase paid $7.85 billion of this total.
AxiomSL’s services cover more than 110 regulators across 55 jurisdictions.
The US neobank will operate out of Chicago to challenge small business lending in the US.