All articles by Swagath Bandhakavi
Swagath Bandhakavi
Digital payment security firms G2RS and EverC to merge operations
The merger aims to combine EverC’s AI capabilities with G2RS’ expertise, setting a new standard in payments risk management.
Family Financial Credit Union partners with Algebrik AI for digital lending upgrade
The partnership seeks to improve lending and account opening procedures using agentic AI-powered technology.
Banking Circle expands Australian presence with ASL acquisition
ASL delivers payments-platform-as-a-service solutions, offering direct access to Australian payment systems for seamless connectivity.
Ramp achieves $22.5bn valuation with $500m Series E-2 round
Ramp provides services such as corporate cards, expense management, bill payments, travel booking, procurement, and treasury functions.
Swiss bank UBS reports 111% rise in Q2 net profit to $2.4bn
Revenues for the quarter reached $12.1bn, marking a 2% increase from the same period last year.
BTG Pactual to acquire HSBC’s Uruguayan operations for $175m
The acquisition bolsters BTG Pactual’s presence in Latin America and aligns with its larger international expansion strategy.
Northwest Bancshares finalises $270.4m acquisition of Penns Woods Bancorp
Following the merger, Northwest Bank has expanded its operations to 151 financial centres in Pennsylvania, New York, Ohio, and Indiana.
Pinnacle and Synovus to merge in $8.6bn deal targeting Southeast US growth
The merger will position the combined entity as Georgia’s largest bank holding company and Tennessee’s largest bank.
Corpay to enhance cross-border services with $2.2bn Alpha acquisition
The acquisition supports Corpay’s strategy to strengthen cross-border operations by merging Alpha’s regional expertise with the former’s global presence.
Fiserv partners with TD Bank Group for enhanced merchant solutions
TD Merchant Solutions will utilise Fiserv’s Clover point-of-sale system to improve its merchant business operations.