All articles by Refna Tharayil
Refna Tharayil
Emburse and Finexio announce strategic relationship to deliver best-in-class B2B payments
By harnessing industry-specific data and advanced algorithms, Finexio optimizes payment conversions while honoring supplier preferences
Renasant to acquire Mississippi rival First Bancshares in $1.2bn deal
Through the proposed deal, both parties aim to create a six-state Southeastern banking franchise with an estimated $25bn in total assets, $18bn in total loans, and total deposits of $21bn
Stripe selects Fifth Third to power embedded financial services
In 1971, Fifth Third Processing Solutions was created as a payments network to help connect retailers and financial institutions
WesBanco to merge with Premier Financial in $987m deal
Under the terms of the definitive merger agreement, shareholders of Premier Financial will receive 0.80 shares of WesBanco common stock for each share of Premier Financial common stock
NatWest to acquire Metro Bank mortgage portfolio
On completion of the transaction NatWest Group expects to welcome around 10,000 customer accounts which will continue to be serviced by Metro Bank, in accordance with current arrangements, following the transfer to NatWest Group
Flagstar Bank to sell residential mortgage servicing unit to Mr. Cooper for $1.4bn
The transaction involves mortgage servicing rights, advances, sub servicing contracts, and a third-party origination platform
Revolut receives UK banking licence
The global fintech now enters the PRA’s ‘mobilisation’ stage, having received authorisation with restrictions, designed for new banks to complete the build out of their banking operations
Deutsche Bank reports net attributable loss of €143m in Q2 2024
The German lender reported total net revenues of €7.6bn for Q2 2024, a 2.4% increase compared to €7.4bn for the same quarter of 2023
ACNB announces strategic acquisition of Traditions Bancorp
This strategic acquisition will result in a premier community bank that is locally headquartered, managed, and focused
UniCredit to acquire Vodeno and Aion Bank in €370m deal
Through the acquisition, UniCredit aims to enhance embedded finance offering and boost the proposition for individuals and small medium sized enterprises