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EverBank has announced plans to acquire Sterling Bank for $261 million, through a stock purchase agreement. Jacksonville, Fla.-based EverBank is set to acquire Sterling’s 25 branches, $900 million in loans and $2 billion in annual deposits, and aims to expand its operations in San Francisco and other localities in California, an EverBank spokesperson told Bank […]
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Vaidik Trivedi
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EverBank considers strong platforms and API-first integrations when selecting third-party vendors to modernize operations. “If we build good platforms that are API-first, we can plug in the best of the best [into the bank],” Lindsay Lawrence, executive vice president and chief operating officer, told Bank Automation News. But it’s not just about ease of […]
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Whitney McDonald
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EverBank has selected payment and financial solutions provider Finzly to update its payment processing system, according to an April 18 release. The $34.6 billion, Jacksonville, Fla.-based bank was looking to modernize its payment operations without completely replacing its core, a need many Finzly clients are trying to address, Finzly Chief Executive Booshan Rengachari told Bank […]
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Vaidik Trivedi
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