Brian Browdie

StrikeForce Technologies is accusing Fiserv, First Midwest Bancorp and PhoneFactor of encroaching on its technology for protecting customers of financial institutions from online identity theft.

Genworth Financial (GNW), an insurer in Richmond, Va., has agreed to part with its wealth management operations for $412.5 million.

IBM said it has completed an upgrade of software and systems at Keystone Bank in Lagos, Nigeria, that has enabled the bank to speed service and operate more efficiently.

Generations Bank's interest in developing a program to help low-income residents of the Finger Lakes region buy cars to get to and from work began at a coffee counter.

Glacier Bancorp in Kalispell, Mont., has agreed to buy North Cascades National Bank in Chelan, Wash.

Most of a class-action lawsuit that charges Deutsche Bank and four of its former executives with misleading investors may proceed, a federal judge in Manhattan has ruled.

The Federal Reserve Board is getting ready to take a statistical snapshot of Americans' spending and saving.

First BanCorp (FBP) in San Juan, Puerto Rico, has enhanced and extended an offer to convert preferred shares into common stock.

Receiving Wide Coverage ...More Cyprus: The FT surveys some of the fallout from efforts to shore up Cyprus' insolvent banks, noting that the damage is rippling in all directions and hitting businesses only loosely related to the country's formerly booming offshore financial sector. Some analysts are predicting the Cypriot economy will shrink 10% or more this year, the FT reports.

Jack Henry said Tuesday that Washington Trust Bank in Spokane has selected its core processing platform, SilverLake System, to automate varied functions company-wide.

The U.S. Treasury was unprepared and disengaged in two rushed Troubled Asset Relief Program bankruptcy sales. It's a foreboding sign for the remaining $6.6 billion the government has tied up in Tarp.

Wells Fargo (WFC) weathered a cyberattack on Tuesday that left some of the company's customers unable to log in to their accounts.

The security services unit of Stanley Black & Decker (SWK) said Monday it has formed a partnership with EyeLock, a developer of identity management software that authenticates people by scanning their irises.

Almost three quarters of America's 50 largest credit unions offer free checking accounts with no strings, Bankrate.com found in a recent survey.

First BanCorp (FBP) in San Juan, Puerto Rico, is delaying its annual filing because of issues with disclosure requirements.

The Office of the Comptroller of the Currency has terminated a written agreement with Intervest National Bank in New York.

Puget Sound Bank in Bellevue, Wash., is buying Core Business Bank for roughly $8.4 million in cash and stock.

As evidenced by their own home purchases, executives who handled mortgage securitizations showed little awareness of anticipating the subprime crisis and subsequent crash in the housing market, according to a new report.

Cardtronics (CATM), the largest independent operator of ATMs, faces a large fine for failing to make its machines accessible to the blind as required by a class-action settlement.

The Federal Deposit Insurance Corp. has terminated enforcement actions against two banks: First Bancshares of Mountain Grove, Mo., and CIB Marine Bancshares of Waukesha, Wis.