Brian Browdie

Union Bank in San Francisco is expanding its services for homeowners' associations with a deal to buy First Bank Association Bank Services in Vallejo, Calif..

NCR (NCR) has logged an order for automated teller machines from Dollar Bank in Pittsburgh.

Two tech providers — CSC and SAP — are tightening ties to help banks modernize their information technology infrastructure.

Low yields and the short-term impact of a strategy shift weighed on Pacific Mercantile Bancorp (PMBC) in the first quarter.

The cost of shedding troubled loans weighed on First Mariner Bancorp (FMAR) in the first quarter, with the $1.3 billion-asset parent of First Mariner Bank in Baltimore losing $2.3 million in the three months that ended March 31.

IBM is helping the century-old Central Bank of India mine new insights from the information that flows through its enterprise.

Lender Processing Services (LPS) has agreed to pay $14 million to settle claims the company deceived investors about its business practices.

Wells Fargo and insurer QBE have agreed to pay $19.3 million to settle claims that they overcharged homeowners in Florida on lender-placed insurance policies.

Opus Bank in Irvine, Calif., said Tuesday it has formed a unit within its commercial banking division that will lend money to physicians, dentists, veterinarians and ophthalmologists for practice deals, equipment financing and other capital needs.

EyeVerify, a maker of identity management software for mobile banking, is rolling out its service to the financial industry.

The U.S. government has charged an Illinois man with overstating by hundreds of thousands of dollars the value of collateral he used to secure loans from a bank that received funds through the Troubled Asset Relief Program.

A combination of low yields and loosening terms may be setting banks up for trouble in the event of an economic downturn, one of the nation's top credit ratings agencies said Monday.

First Merchants is buying CFS Bancorp in a deal that would create a $5.6 billion-asset Indiana bank.

Institutions with at least $10 billion of assets approved 16.8% of loans between $25,000 and $3 million in April, up from 15.7% in March and 10.6% a year earlier, according to an index published Friday by Biz2Credit.

Fannie Mae has unveiled a system to help servicers prevent foreclosures. Adoption will become mandatory for servicers in the future, the agency warns.

The identities of the card processing companies targeted in a massive cyber offensive have surfaced.

The identities of the card processing companies whose systems were breached in a massive cyber offensive have surfaced.

A massive cyber offensive in which millions of dollars were stolen from two Middle Eastern banks through ATMs in dozens of countries could have been prevented had better security controls been in place at the card processors, the ATMs and the banks involved, observers say. The security lapses could lead to legal liability for many of the companies duped in the process.

Better security deployed by the card processors, the banks and the ATM operators could have detected and thwarted the complex scheme in which millions were stolen from two Middle Eastern banks.

A sophisticated cyber-scheme that involved tens of thousands of coordinated withdrawals at ATMs around the world resulted in millions of dollars being stolen in a matter of hours.