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October 2, 2017Blog Posts

First Data and Live Oak Bancshares Close Deal for Digital Banking Joint Venture

GlobeNewswire:

First Data (NYSE:FDC), a global leader in commerce-enabling technology, and Live Oak Bancshares, Inc. (NASDAQ:LOB), today announced they have closed the digital banking joint venture that was announced earlier this year. The new company, named Apiture, combines First Data’s and Live Oak Bank’s digital banking platforms, products, and services, delivering innovative technology solutions tailored for financial institutions.

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