All articles by Vidya Sagar Maddela

Vidya Sagar Maddela

TowneBank and Village Bank and Trust Financial Corp. Announce Agreement to Merge

Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a focus of serving others and enriching lives.

North Shore Bank and Abington Bank Complete Merger

Hometown Financial Group is the parent company of the family of banks that includes bankESB, bankHometown, North Shore Bank, and Abington Bank, a division of North Shore Bank, as well as Hometown Mortgage

RBI signs agreement on the sale of Priorbank JSC to Soven 1 Holding Limited

The transaction is expected to have an estimated negative impact of approximately EUR 300 million on RBI Group’s consolidated profit

Wells Fargo expands API portfolio for commercial banking business

Broad suite of new API solutions will provide faster and more flexible inventory management, order processing, invoicing, accounts payable, and supply chain management

Santander Consumer Expands Small Business Program to Offer Comprehensive Vehicle Financing Options to All Dealers

With small business lending expansion, Santander becomes one of the few major lenders offering small business vehicle financing at dealerships nationwide

FTSI and 21st Century AEYE Jointly Announce Strategic Merger

Through this merger, FTSI will strengthen its core offerings in banking technology and security to deliver even greater value to its customers

Sandia Laboratory Federal Credit Union to Acquire New Mexico Based Business From Mountain America Credit Union

Acquisition expands Sandia Laboratory Federal Credit Union’s Albuquerque presence and brings new products and services to Mountain America Credit Union members

NymCard leverages Mastercard Move to offer fast and efficient cross-border payments across 47 countries

The collaboration will provide NymCard with access to Mastercard’s extensive payout network, including bank accounts, mobile wallets, cash pickup locations and cards

Standard Chartered launches digital asset custody service in the UAE

The Bank plans to broaden its scope in the coming months to encompass a wider range of digital assets, and is actively exploring opportunities to extend its custody services to other key financial hubs in its footprint markets

Arete Wealth Partners with Luma Financial Technologies to Elevate Structured Products and Annuities

Arete Wealth will leverage Luma’s award-winning platform to streamline the process of buying and managing structured products and annuities for their clients.