Category : Banking

Digital Payments E-commerce News

Marqeta Announces Completion of TransactPay Acquisition

Business Wire
by Business Wire0
Marqeta, Inc. , the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced the successful completion of its acquisition of TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and......
Banking News

TD Bank Appoints Chris Ward as Head of U.S. Small Business Banking

Business Wire
by Business Wire0
Leadership move reiterates TD’s strategic focus on small businesses TD Bank, America’s Most Convenient Bank®, announced the appointment of Chris Ward as Head of U.S. Small Business Banking. In this role, Ward will lead TD’s efforts to deliver best-in-class banking products, services and advice to small business customers across the......
Banking Investments News

Capitolis Announces Strategic Investments from Barclays, BNP Paribas, and J.P. Morgan, Alongside Existing VC Investors Canapi Ventures, 9Yards Capital, and Greenfield Partners

Business Wire
by Business Wire0
Close of latest strategic round of funding, totaling $56 million, includes investments previously announced in November 2024 from Citi, Morgan Stanley, State Street, and UBS Investments will support next phase of Capitolis’ rapid growth and expansion Capitolis, the financial technology company, announced additional strategic investments from leading global banks and......
Digital Payments InsurTech News

One Inc and INTX Partner to Advance Digital Insurance Workflows with Seamless Payment Innovation

Business Wire
by Business Wire0
Strategic Collaboration Brings Together Leading Insurance Platforms to Streamline Core Operations and Modernize the Insurer Experience One Inc, the leading payments network for the insurance industry, and INTX, a provider of an end–to-end core P&C insurance management system, announced a strategic partnership to modernize insurance payments and simplify core processes for......
Digital Payments Fintech News

Corpay and Circle Collaborate to Bring Stablecoin Payments to Global FX and Commercial Card Rails

Business Wire
by Business Wire0
Collaboration aims to pair Corpay’s worldwide FX and card network with Circle’s USDC, unlocking 24/7 settlement, seamless liquidity, and enterprise-grade compliance for businesses everywhere Corpay, Inc., the corporate payments company, has announced a new collaboration with a subsidiary of Circle Internet Group, Inc.,, a global fintech firm, to expand stablecoin......
Banking Finance News

Objectway Accelerates Its Growth Path Through an Investment From Cinven in Partnership With Its Founder Luigi Marciano and the Existing Management Team

Business Wire
by Business Wire0
The majority investment marks the start of a new phase of growth for Objectway, leveraging its resilient and scalable business model, its end-to-end solution-as-a-service platform, and long-term partnerships with a blue-chip customer base. Luigi Marciano, founder of Objectway, a leading provider of software and services to financial institutions across Europe,......
Banking Fintech News

Berkshire Hills Bancorp and Brookline Bancorp to be Combined as Beacon Financial Corporation and Beacon Bank Upon the Closing of their Merger of Equals

GlobeNewswire
by GlobeNewswire0
Berkshire Hills Bancorp, the parent company of Berkshire Bank, and Brookline Bancorp, the parent company of Brookline Bank, Bank Rhode Island, and PCSB Bank, announced that the combined holding company that will be created through their transformative merger of equals will be named Beacon Financial Corporation and remain listed on......
Banking News

Bank of Oak Ridge Announces Leadership Transitions Reflecting Continued Growth and Vision

GlobeNewswire
by GlobeNewswire0
Oak Ridge Financial Services, the parent company of Bank of Oak Ridge (the “Bank”), is pleased to share recent leadership transitions that reflect the organization’s continued growth and long-term strategic vision. Effective July 22nd, 2025, Tom Wayne was promoted to Chair of the Board of Directors, and Doug Boike transitioned......
Banking News

Provident Bank Names Michael A. Perito SVP, Head of Corporate Strategy

GlobeNewswire
by GlobeNewswire0
New Position to Spearhead Bank’s Long-Term Growth and Market Alignment Provident Bank, a leading New Jersey-based financial institution, has announced that Michael A. Perito has joined the organization as Senior Vice President and Head of Corporate Strategy. In this newly created role, Mr. Perito will be responsible for overseeing the development......
Digital Payments News Security

Bluefin Announces Strategic Partnership with Cassa Centrale Raiffeisen in South Tyrol, ICIT and Worldline to Deliver All-In-One Payment Security

PR Newswire
by PR Newswire0
Collaboration brings PCI-validated P2PE solutions to the Italian province of South Tyrol Bluefin, the global leader in payment and data security, announced a strategic partnership with Cassa Centrale Raiffeisen, a leading banking institution, ICIT, an innovative Independent Software Vendor (ISV), and Worldline, [Euronext: WLN], a global leader in payment services.......
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