Articles with tag: bancorp

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Varo Money gains full regulatory approval to become a national bank

04 Aug 2020 | Payments General

Varo Money has been granted its national bank charter from the Office of the Comptroller of the Currency (OCC).

Varo Money, Varo Bank, financial app, financial services, fintech, US, technology, banking licence, Bancorp Bank

Online marketplace LendingClub to buy Radius for USD 185 mln

19 Feb 2020 | Online & Mobile Banking

LendingClub has agreed to buy Radius Bancorp, which includes its digital subsidiary Radius Bank, for USD 185 million in cash and stock.

LendingClub, Radius, Radius Bancorp, Radius Bank, mergers and acquisition, acquisition, Temporary Charter Bank Protection Agreement, online bank, digital bank, lending, marketplace, online marketplace, US, United States

Bancorp, ACI Worldwide to offer real-time payments delivery for corporate disbursements

23 Jan 2020 | Online Payments

The Bancorp and ACI Worldwide have partnered to enable real-time payments for corporate disbursements via a Visa-powered platform.

ACI Worldwide, push-to-card payments, The Bancorp, Visa, real-time payments

US payments processor Elavon buys UK's Sage Pay for USD 300 mln

19 Nov 2019 | Online Payments

US-based payments processor Elavon has announced it will acquire UK-based payments processor Sage Pay for USD 300 million.

Sage Pay, Sage, Evalon, online payments, fintech, US Bancorp, payments processor, payments, Peachtree Software, SMEs, UK, Ireland, United States, US

Santander to sell Puerto Rico arm to FirstBank in USD 1.1 bln deal

23 Oct 2019 | Payments General

FirstBank Puerto Rico’s holding company First BanCorp has given FirstBank the green light to buy Banco Santander Puerto Rico (BSPR) in a deal valued at USD 1.1 billion, according to Ruby Hinchliffe from FinTech Futures

Banking, B2B, corporate & commercial banking, mergers & acquisitions, M&A, partnership, Banco Santander, Puerto Rico, First BanCorp, FirstBank Puerto Rico, Santander

Elavon acquires payment software solutions provider CenPOS

10 Jan 2019 | Online Payments

Elavon, a global payments provider, subsidiary of US Bancorp, has acquired CenPOS, a US-based company offering integrated payment software solutions.

Elavon, CenPOS, solutions provider, payment software, US Bancorp, B2B transactions, payments provider

Elavon joins Faster Payments

04 Jan 2019 | Ecommerce

US-based dedicated payments provider and ecommerce business Elavon has announced it will directly connect to the Faster Payments service.

Elavon, Faster Payments, Faster Payments service, payments service provider, ecommerce, ecommerce platform, Bancorp, Bank of England, Financial Conduct Authority, HM Treasury