Future Banking Magazine
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Global
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United States
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Finance/Finance
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Articles
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3 weeks ago |
banking-gateway.com | Swagath Bandhakavi
NB Bancorp, the parent company of Needham Bank, and Provident Bancorp, which owns BankProv, are set to merge in a stock and cash deal worth $211.8m. The two bank holding firms are currently listed on Nasdaq. Following their merger, BankProv will integrate into Needham. Under the merger terms, unanimously approved by both companies’ boards, Provident shareholders can choose to receive either 0.691 shares of Needham stock or $13 in cash for each Provident share.
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3 weeks ago |
banking-gateway.com | Swagath Bandhakavi
Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, announced a strategic partnership with SBI Digital Markets (SBIDM), a subsidiary of SBI Digital Asset Holdings, the digital asset arm of Japan’s leading conglomerate SBI Group.
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3 weeks ago |
banking-gateway.com | Swagath Bandhakavi
Global Payments, through its MineralTree business, has partnered with Sage to introduce an embedded vendor payments solution within the Sage Intacct platform. This integration allows finance teams to manage and process vendor bills without leaving their existing software environment. MineralTree specialises in providing accounts payable (AP) and payment automation solutions aimed at streamlining business payments.
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3 weeks ago |
banking-gateway.com | Swagath Bandhakavi
European fintech Token.io has today announced that HSBC has become a strategic investor, signaling their continued collaboration and focus on delivering cutting-edge payment solutions. As revealed at Money2020 Europe, HSBC’s investment marks an important milestone for Token.io, a company specialising in account-to-account (A2A) payment infrastructure, which has partnered with the bank since 2019 to power its successful HSBC Open Payments solution.
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3 weeks ago |
banking-gateway.com | Swagath Bandhakavi
German banking group Deutsche Bank and Mastercard have formed an alliance to advance open banking in Europe, focusing on enhancing payment experiences for merchants and consumers. This collaboration aims to strengthen Deutsche Bank’s Merchant Solutions division, particularly its Request to Pay (R2P) service, by incorporating account-to-account payments through Mastercard’s open banking network.
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