Array, an embeddable fintech platform that offers financial empowerment tools, acquired Hansa, which pairs business credit furnishing with embedded business credit tools. Array said in a press release ...

Paul Davis has 25+ years of experience in banking and fintech. He is the founder of Bank Slate Consulting and creator of The Bank Slate, which covers banking, fintech and financial services strategy ...

Texas Banc Financial in Fort Worth has agreed to buy Haskell Bancshares in Haskell, Texas. The $2.5 billion-asset parent of TexasBank said in a press release that it expects to buy the holding company ...

Truist Financial in Charlotte, N.C., has agreed to sell its unsecured lending platform. The $554 billion-asset company said in a press release that it will sell $7.7 billion of unsecured consumer ...

Plans are under way for a new bank in Seattle. Final Finance Bank applied to the Washington State Department and Financial Institutions and the Federal Deposit Insurance Corp. for a bank charter and ...

First Horizon in Memphis, Tenn., reported a third-quarter net loss after deciding to sell a large portion of its mortgage portfolio. The $84.3 billion-asset company said in a press release that it had ...

Veteran bank investor Ken Lehman now has a 39.4% stake in BayFirst Financial in St. Petersburg, Fla. Lehman acquired nearly 750,000 shares of common stock as part of a rights offering, adding to a ...

Bank of America in Charlotte, N.C., must pay more than $1.2 billion in penalties for violating anti-money laundering and sanctions laws. The fine, levied by the Financial Crimes Enforcement Network, ...

Columbia Banking System is moving most of its top executives from Washington to Arizona. The new executive office in Scottsdale is expected to open next month, according to published reports. The move ...

Upgrade has applied for an industrial bank charter. The fintech submitted its applications to the Nevada Financial Institutions Division and the Federal Deposit Insurance Corp. to create Upgrade Bank.

Cullen/Frost Bankers in San Antonio, Texas, has invested $5 million in the Iowa bank recently acquired by San Antonio Spurs forward Harrison Barnes. The parent company Frost Bank invested in Barnes ...

We are very excited about the opportunity to welcome Bank of Crocker’s customers and employees to Sullivan Bank,” Michael Hoffman, Sullivan Bank’s CEO, said in a statement. “Bank of Crocker has a ...