UK-based financial technology firm Finastra has announced that its Fusion Essence in the cloud has been selected by TONIK, a Philippines-based digital bank, to support its core banking
First Defiance Financial Corp. (Nasdaq: FDEF) (“First Defiance”), holding company of First Federal Bank of the Midwest (“First Federal Bank”), and United Community Financial Corp. (Nasdaq: UCFC) (“United
Southern Missouri Bancorp, the parent organisation of Southern Bank, has signed an agreement to acquire Central Federal Bancshares for $24m in an all-cash transaction. Under the terms of
AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced it has raised $260 million in equity capital as part
UK-based Lloyds Banking Group (LBG) has announced a collaboration with software services provider Microsoft to accelerate its digital transformation. The financial institution said that the collaboration is part
The European Investment Bank (EIB) Group has today officially inaugurated its regional representative office for the Baltic Region in Vilnius, Lithuania. At the inauguration ceremony in the presence
UK-based retail and commercial bank TSB has selected IBM Services, to accelerate its transformation into a digital business, leveraging IBM’s cloud capabilities. As part of its 2022 strategic
Banco Sabadell, Spain’s fourth largest private banking group, and IBM Services (NYSE: IBM) announced the signing of a ten-year services agreement designed to help the bank boost digitization
Financial services firm INTL FCStone, through its UK-based subsidiary, has signed a sale and purchase agreement to acquire payment services provider GIROXX in Frankfurt, Germany. GIROXX is engaged
Community First Bancshares, Inc. (NASDAQ: CFBI) (“CFBI”), the parent company of Newton Federal Bank, announced today that it has successfully completed its merger with ABB Financial Group, Inc.
