Colorado lender National Bank Holdings (NBH) Corporation has finalized its acquisition of Texas-based Vista Bank. The $377 million deal, announced Wednesday (Jan. 7), is designed to increase NBH’s footprint in three high-growth markets—Austin, Palm Beach and Dallas-Ft. Worth—while melding its product capabilities with the strength...
Revolut’s international expansion plans could reportedly take the FinTech to Turkey. The company is in discussions to acquire Turkish digital bank FUPS, Bloomberg reported Wednesday (Jan. 7), citing unnamed sources. No decisions have been made, and there is no guarantee Revolut will buy FUPS, according...
Accenture plans to expand its artificial intelligence (AI) capabilities by acquiring Faculty, a provider of AI-native services and products. The planned acquisition will boost Accenture’s ability to help its clients use AI solutions to reinvent their business processes, the companies said in a Tuesday (Jan. 6) press release. The completion...
AUMOVIO selected Amazon Web Services (AWS) as its preferred cloud provider to help the company accelerate the development of autonomous vehicles. The integration of agentic and generative artificial intelligence capabilities into AUMOVIO’s autonomous development and validation workflows will speed up manufacturers’ development, testing and preparation...
Ripple’s GTreasury acquired Solvexia, a provider of no-code financial automation, data management and analytics solutions. The deal is designed to expand GTreasury’s platform to automate reconciliation and regulatory reporting across treasury, finance and compliance operations, according to a Tuesday (Jan. 6) news release. “Today’s acquisition...
Citi and global working capital technology platform CredAble partnered to launch a platform that digitizes trade finance and electronic invoice validation globally. With this partnership, Citi enhanced its digital trade loan journey by adding a new verification layer powered by CredAble’s white-labelled solution, the companies said in...
Stord has acquired Shipwire, the artificial intelligence (AI) fulfillment subsidiary of CEVA Logistics, expanding its global logistics footprint and strengthening its technology platform as brands accelerate adoption of intelligent end-to-end commerce infrastructure. The Atlanta-based logistics and commerce enablement company announced the move Monday (Jan. 5),...
Africa-focused payments technology company Flutterwave has acquired open banking infrastructure provider Mono. “The transaction deepens Flutterwave’s long-term commitment to building a connected, interoperable financial system for Africa and positions open banking as a core pillar in the evolution of alternative payment methods across the region,” the company said...
Cisco is reportedly in advanced talks to acquire Israeli cybersecurity firm Axonius for $2 billion. That’s according to a report Sunday (Jan. 4) from Calcalist, which noted that Axonius was previously valued at $2.6 billion. However, the company denied that the deal is happening in...