All articles by Pradeep Bairaboina
First Commonwealth Financial receives regulatory approval for CenterGroup Financial merger
The completion of the merger remains subject to the approval of CGFI shareholders and is expected to occur in the second quarter of 2025
OakNorth to acquire Community Unity Bank in stock-for-stock deal
The acquisition of Community Unity Bank will allow OakNorth to enhance its business lending capabilities across the US, including in Michigan
Mastercard Open Banking powers account aggregation for Virgin Money credit card customers
With this smart personal finance solution, powered by Mastercard’s open banking technology, Virgin Money customers will be able to manage their finances quickly, easily and conveniently in one single place
Neonomics buys UK-based open banking platform Ordo
Neonomics stated that the acquisition aligns with its strategic objective to accelerate growth and expand its service offerings in the UK and internationally
Ally Financial agrees to divest credit card business to CardWorks
Under the agreement, CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, will acquire Ally’s credit card business, including a portfolio of $2.3bn in credit card receivables