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Wayne Savings Bancshares, Inc. and Main Street Financial Services Corp. Receive Regulatory Approval for Merger

Global Newswire by Notified: M&A

(OTCQX: WAYN) ("Wayne"), the holding company of Wayne Savings Community Bank and Main Street Financial Services Corp. jointly announced today that approval has been received from the Federal Reserve Bank, The Federal Deposit Insurance Corp., OTCPK: MSWV) ("Main Street"), the holding company of Main Street Bank Corp.,

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Artificial Intelligence (AI) in Banking, Financial Services, and Insurance (BFSI) Market to Surpass USD 180.93 Billion by 2031 | SkyQuest Technology

Global Newswire by Notified: M&A

Westford, USA, May 14, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Global Artificial Intelligence (AI) in Banking, Financial Services, and Insurance (BFSI) Market will attain a value of USD 180.93 billion by 2031, with a CAGR of 31.8% over the forecast period (2024-2031).

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What is a Neobank? Everything you should know

Razorpay

Long waiting times, security issues, and fixed working hours are a few of the problems plaguing legacy financial institutions today. They even provide credit and lending services. Smoother UI In 2018, financial institutions’ top strategic priority was improving the consumer’s digital experience.

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Digital Check Scanning Solutions Market to Surpass 1422.7 Million by 2030 Drives Due to Rising Adoption of Digital Banking Solutions

Global Newswire by Notified: M&A

Governments worldwide have increased their investments in the BFSI (Banking, Financial Services, and Insurance) sector, driving consumers' adoption of digital banking solutions in the digital check scanning solutions market. SkyQuest projects that the digital check scanning solutions market will attain a value of USD 1422.7

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Cooperative Banking: Meaning, Structure & Advantages

Razorpay

Cooperative banking refers to a small financial institution started by a group of individuals to address the capital needs of their specific community. Such financial institutions are owned and controlled by their members, and the board members are democratically selected to oversee the operations.

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Navigating the Legal Maze in M&A: Unraveling Lesser-Known Considerations

Sun Acquisitions

Healthcare Industry: In healthcare M&A, compliance with stringent regulations such as the Health Insurance Portability and Accountability Act (HIPAA) is non-negotiable. Financial Services Sector: Financial institutions face a complex web of regulations.

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Democrats Batter Bank Regulator Over F.D.I.C.’s ‘Toxic’ Workplace Culture

The New York Times: Banking

The agency’s chair, Martin Gruenberg, has resisted Republicans’ calls to resign, but criticism by his own party raises questions about how long he can hang on.

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