Current law generally prohibits commercial banks from owning or being owned by non-bank enterprises. In particular, the Bank Holding Company Act allows banks to be affiliated only with businesses ...

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN), today announced that Commerce Bank, a top US bank, has gone live with Temenos’ (Infinity) loan origination solution, increasing ...

The bank has endeavored to work “hand in glove” with fintechs, rather than build tools thinking it will beat them, an ...

WASHINGTON — The debate over the separation of banking and commerce has come roaring back, but instead of Walmart in a spotlight role, many banks have centered on a player they see as the new villain: ...

WASHINGTON — GMAC Financial Services' application to become a bank holding company could reignite the debate over the mixing of banking and commerce. This time it would have new wrinkles — automakers ...

Grand-opening ceremonies at most banks involve a ribbon-cutting, earnest speeches about the importance of serving clients, maybe even a champagne toast. At Republic Bank, a grand opening means it's ...

MOUNT LAUREL (AP) --Canada's TD Bank Financial Group said Tuesday it will acquire the Mid-Atlantic regional bank Commerce Bancorp Inc. for $8.5 billion in cash and stock. The deal would double TD Bank ...

Temenos Infinity solution enables Commerce to create a fast, omni-channel origination experience for securities-based loans and lines of credit NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX ...