Merrick Bank

3 results about this entity

Period: 26 Oct 2020 - 23 Jan 2025

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Ally Financial sells credit card business to CardWorks

Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit card business, including a portfolio of $2.3 billion in credit card receivables with 1.3 million active cardholders as of Dec. 31, 2024.

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Kompliant and Merrick Bank team on merchant onboarding

In a move that highlights the importance of strong risk management in the financial services industry, Kompliant, a leading provider of intelligent automation and compliance solutions, has announced a strategic partnership with Merrick Bank, a top Merchant Acquirer in the United States.

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Choice inks deal with Merrick Bank

Choice Technology Solutions, a financial-technology leader in back-office automation, today announced that Merrick Bank has selected the company’s Jarvis all-in-one back-office management platform for its business needs.