Regulatory Approval news and trends

B2B Payments Firm TransferMate Lands US Clearance
B2B Payments // August 08, 2017

B2B payments company TransferMate has secured regulatory approval to operate in the U.S., according to a press release issued on Monday (Aug. 7). Based in Ireland, TransferMate said that upon Britain’s exit from the EU, it will be the only EU payment company that can...

Mastercard VocaLink Acquisition Moving Forward
Regulation // January 04, 2017

Mastercard’s acquisition of U.K. payments technology firm VocaLink has marked an important milestone as it attempts to gain regulatory approval for the deal. Mastercard announced its intention to acquire a 92.4 percent stake in VocaLink Holdings Limited for about £700 million (approximately U.S. $920 million...

Quick Reads
Regulators Green Light BB&T, SunTrust Merger To Form Truist

November 20, 2019
BB&T and SunTrust have announced that they have received regulatory approval to complete their merger to become Truist Financial Corporation. The merger is expected to be completed on Dec. 6, 2019. Truist will be the sixth-largest U.S. commercial bank, serving approximately 10 million U.S. consumer households and a range of business clients. BB&T common shares […]

Mastercard VocaLink Acquisition Moving Forward

January 04, 2017
Mastercard’s acquisition of U.K. payments technology firm VocaLink has marked an important milestone as it attempts to gain regulatory approval for the deal. Mastercard announced its intention to acquire a...