Merchants & Marine is expanding in Mississippi, while Woodforest National Bank is growing in North Carolina

California-based tech company is the first such firm to be approved for a bank acquisition and plans a new product launch imminently

Plus: FirstBank Puerto Rico completes Santander purchase, and Farmers and Merchants Bank is approved for community bank merger

Plus: New York-based community banks to combine; Virginia’s Blue Ridge and Bay Banks plan merger

CEO Brian Mauntel has resigned from his position, Heartland Bank announced this week

American Express is to acquire cash flow management solutions provider Kabbage to help the global payments firm increase its offering to small businesses in the US

Megalith Financial Acquisition Corp plans to take the ‘banking as a service’ provider public through a listing on NYSE

Plus: Provident Bank finalizes SB One acquisition, and Delmar Bancorp prepares for a rebrand after merger

Heritage Southeast Bank has bought assets and hired staff from financing firm Diversified Funding Services

Delayed and abandoned transactions punctuated a weak period for activity in the first half of the year, says PwC