Mergers & Acquisitions

Iowa-based fintech Moov Financial is to expand its engineering team and accelerate product development after landing $5.5 million from investors

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

This week’s top moves include new C-suite roles at NY-based Metropolitan and a new CEO at FHLBank Chicago

US Bank and Standard Chartered have pledged more than $1.2 million as banks continue to work on tackling racial inequality

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

With individuals and companies expected to find it increasingly difficult to manage debt, banks need to prepare now, says Accenture

Fraudsters are taking advantage of this time to target vulnerable populations and companies