All articles by Refna Tharayil
Refna Tharayil
Alerus Financial completes acquisition of HMN Financial
Under the terms of the transaction, HMN Financial, Inc. merged with and into Alerus Financial Corporation, and Home Federal Savings Bank merged with and into Alerus Financial, National Association
HAPO to acquire financial services provider Community First Bank
The enlarged entity is expected to have around $2.9bn in assets, $2.5bn in deposits, and $2.2bn in loans
Grasshopper Bancorp and Auto Club Trust, FSB announce definitive merger agreement
The transaction has been unanimously approved by the boards of directors of each company and, subject to customary closing conditions, including regulatory approval, is expected to close in the first half of 2025
DeFi Technologies wraps up acquisition of digital asset liquidity provider Stillman Digital
By utilising its existing regulatory licences and proprietary technology, Stillman Digital aims to expand its market share within DeFi Technologies’ ecosystem
Columbia Financial announces completion of merger of Freehold Bank Into Columbia Bank
Prior to the bank merger, Freehold Bank and Columbia Bank were held and operated as separate subsidiaries of the Company
TrueLayer raises $50m in Series E extension round
The new financing round was led by Northzone and had participation from the open banking platform’s existing investors Tencent, Temasek, Tiger Global, and Stripe
BNP Paribas launches ESG investment compliance monitoring solution in Australia and New Zealand
The service, which has already been successfully deployed in Europe, includes a wide range of ESG criteria and delivers external assurance that funds are meeting their ESG commitments through automated post-trade assessment
HSBC, Tradeshift launch new embedded finance JV ‘SemFi by HSBC’
SemFi by HSBC will integrate HSBC’s payment, trade, and financing services across various e-commerce and marketplace platforms, including Tradeshift’s own B2B network
ANZ agrees to settle superannuation class action and Esanda class action
The superannuation class action related to the investment of superannuation funds with ANZ, when ANZ owned OnePath Custodians and OnePath Life
Meta expands threat intelligence sharing programme with NatWest and Metro Bank
During the six months pilot period, the data provided by NatWest, Metro Bank, and Meta, enabled to eliminate nearly 20,000 accounts linked to scammers from 185 URLs shared