Western Alliance completed the acquisition of Digital Disbursements for $50m.

Western Alliance, a commercial and business banking solutions provider, completed the acquisition of Digital Disbursements, a digital payment solution provider for $50m. "The acquisition of Digital Disbursements is the latest investment by Western Alliance that furthers our commitment to providing differentiated technology solutions that address the evolving needs of our clients. We look forward to partnering with the Digital Disbursements team, with whom we have built a close working relationship. This acquisition will allow us to explore new capabilities and continue to deepen our expanding suite of legal banking services while serving adjacent sectors that will benefit from digital payments technology," Kenneth A. Vecchione, Western Alliance President and CEO.