Chicago’s First Midwest Bank and Indiana’s Old National Bank have signed a $6.5 billion definitive merger agreement to create a midwestern financial institution (FI) with $45 billion in combined assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
FortisPay, a payment technology provider for businesses, developers and independent software vendors (ISV), has acquired Change Merchant Solutions and EpicPay, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
FinTech Mission Lane has bought Honeydue, which is a fellow FinTech focused on helping consumers manage their finances, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Tractor Supply Company (TSC) and Citi Retail Services have agreed to a multi-year extension of their decades-old credit card relationship, the two companies announced on Monday (May 24). They said in a news release that the deal marks “a continued commitment” to expanding the TSC’s...
A consortium led by China’s Alibaba and Baring Private Equity Asia has acquired a 5.5 percent stake in Vietnam’s Masan Group’s consumer-retail platform The CrownX for $400 million, the companies said in a Tuesday (May 18) press release. Get the Full Story Complete the form to...
Online insurance platform and pay-per-mile vehicle insurer Metromile and Hippo Insurance Services, which offers home insurance, will collaborate to provide a multipolicy discount on auto and homeowners insurance to consumers, according to a Monday (May 17) announcement. Get the Full Story Complete the form to...
The U.K.’s IRIS Software Group and Western Union Business Solutions are teaming up on a five-year international partnership “to offer simplified payroll and payments solutions worldwide.” In a press release on Monday (May 17), the companies said they would serve the growing demand for cross-border...
AT&T is planning to spin off WarnerMedia in a $43 billion merger deal with competitor Discovery in a move that will create a TV, film and streaming powerhouse, according to AT&T and media reports on Monday (May 17). Get the Full Story Complete the form...
Gojek finalized its acquisition of Tokopedia to form GoTo Group, Indonesia’s biggest technology group. Aside from ride-hailing and food delivery, the combined entity will also offer eCommerce and financial services under the new brand GoTo Financial, which encompasses GoPay and other merchant and financial services....