United Kingdom-based Lloyds Banking Group acquired London-based digital wallet FinTech Curve. The deal will allow Lloyds to expand its digital footprint, according to a Wednesday (Nov. 19) press release. “This strategic acquisition of Curve marks another significant step forward in Lloyds Banking Group’s digital transformation...
Equifax said Monday (Nov. 17) that it acquired Vault Verify, a company that offers services that include employment and income verification. This acquisition enhances the data that Equifax already provides to verifiers and provides another mechanism for employers to provide data to a verifications provider,...
FinTech and digital bank Green Dot and financial services firm Amscot Financial launched a banking partnership. The collaboration will see Florida-based Amscot use Green Dot’s Arc embedded finance platform to offer customers access to banking services that include demand deposit accounts (DDAs), a built-in secured...
Food supply chain company GrubMarket has acquired produce industry trading and software-as-a-service (SaaS) platform Procurant. The acquisition will expand GrubMarket’s software portfolio and strengthen its position as an enterprise artificial intelligence (AI) solutions provider for the U.S. food supply chain, CEO Mike Xu said in a Monday (Nov....
LevelField Financial, a company focused on uniting traditional banking and digital asset products, said Monday (Nov. 17) that it received conditional approval to complete its acquisition of Chicago-based Burling Bank. The company said in a press release that it received this conditional approval from the...
Payments platform Paysafe has launched a partnership with business technology firm Endava. The collaboration is designed “to bring smarter payments and next-generation community engagement to market faster,” the companies said in a news release Monday (Nov. 17). “Paysafe’s expertise lies in helping businesses and consumers...
HoldCo Asset Management is unhappy with Comerica’s pending acquisition by Fifth Third Bancorp. The activist investor had pushed for the nearly $11 billion deal, but now says the sale was “flawed” and that Comerica had not allowed for an independent, competitive process, according to a report issued by HoldCo...
U.K. FinTech giant Revolut has launched a payments partnership with Booking.com. With this collaboration, customers of the travel platform can pay using Revolut Pay, the company’s one-click checkout tool, the companies said in a Monday (Nov. 17) news release. “This partnership is a natural fit given the customer overlap...
Online gambling service FanDuel is joining rival DraftKings in the prediction markets business. The company announced Wednesday (Nov. 13) the pending launch of its FanDuel Predicts app, developed in partnership with derivatives market CME Group. Due in December, the app will offer access to sports...