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First Midwest Bancorp to acquire parent company of Park Bank

First Midwest Bank has expanded its presence in Wisconsin by signing an agreement to acquire Bankmanagers, the parent company of Park Bank, one of the oldest banks in the state US-based First Midwest Bank has signed an agreement to acquire...

Atom bank awarded Β£10 million BCR grant to boost lending to SMEs

The grant is one of four from Pool C of the Β£425m Capability and Innovation Fund (CIF), that forms part of a Β£775 million package administered by Banking Competition Remedies Ltd. Atom, which has already lent in excess of...

Alera Group acquires HighRidge Insurance Services

Alera Group, a leading national insurance firm announced its acquisition of HighRidge Insurance Services. HighRidge, located in Westlake Village, California, provides employee benefits services to clients throughout the state. With an emphasis in strategy consulting, the firm designs benefit...

Midland States Bancorp completes acquisition of HomeStar Financial Group

Midland States Bancorp has completed its acquisition of HomeStar Financial Group, the parent company of HomeStar Bank and Financial Services. As of March 31, 2019, HomeStar Bank had approximately $381.4 million in assets, $216.6 million in loans and $339.3 million...

FNZ acquires UK-based wealthtech firm JHC Systems

UK-based fintech company FNZ has acquired JHC Systems, a provider of software services to the wealth management industry, for an undisclosed amount. Based in London, JHC provides the core technology platform to several UK and Ireland’s wealth managers and platforms...

Visa buys payment gateway software provider Payworks

Digital payments major Visa has acquired Germany-based payment gateway software provider Payworks for an undisclosed sum. Based in Munich, Payworks is a provider of next-generation payment gateway software for the point of sale (POS). The acquisition will allow Visa to offer...

Mastercard completes acquisition of Transfast

Payment technology firm Mastercard has completed the acquisition of global payments company Transfast for an undisclosed sum. In March this year, Mastercard first signed the agreement to acquire Transfast. Mastercard said that the Transfast’s acquisition would complement its wide range of...

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