Colin Wilhelm

American Express' recovery from losing its partnership with Costco got a boost as it reached an agreement with Starwood Hotels to introduce a new payment card.

Bay Banks of Virginia in Kilmarnock has issued $7 million in subordinated debt.

World Acceptance in Greenville, S.C., one of the largest providers of installment loans, said that its longtime chairman and chief executive will retire in September.

Virtual Piggy's Oink, a mobile wallet app that designed for teens, has introduced a peer-to-peer payment option.

Discover Financial Services in Riverwoods, Ill., said it will double cash rewards for certain customers for a limited period, its latest effort to battle with rival issuers for new business.

First Resource Bank in Exton, Pa., plans to raise $6 million through a combination of common stock and subordinated debt to raise funds to redeem most of its Small Business Lending Fund preferred shares.

New Hampshire Thrift Bancshares in Newport has changed its name to Lake Sunapee Bank Group.

The structuring law that former U.S. House Speaker Dennis Hastert stands accused of violating highlights how federal prosecutors use the banking system as leverage.

A Tennessee community bank investor has acquired a majority stake in AB&T Financial in Gastonia, N.C.

Retail chain Sally Beauty knows that it was sick and when. Now the challenge is to figure out what made it sick.

A Florida court on Friday sided with the Consumer Financial Protection Bureau and the state over claims that a law firm charged illegal fees to consumers seeking foreclosure relief.

First Bank in Wilmington, N.C., opened a new branch in Jacksonville, N.C., earlier this week, that was designed to be environmentally friendly.

Anthony Weagley is starting to leave his stamp on Malvern Bancorp in Paoli, Pa.

Discover Financial Services has entered into a written agreement with the Federal Reserve to improve its anti-money laundering procedures.

San Diego-based Mitek, a firm that specializes in capturing mobile data for customer acquisition, has acquired Dutch identity verification company IDchecker.

Cheviot Financial in Cincinnati said that Chairman Robert L. “Bob” Thomas died unexpectedly on Saturday.

The $447 million-asset Inland Northwest said Russell Lee will take over as CEO on June 29.

San Diego-based Mitek, a firm that specializes in capturing mobile data for customer acquisition, has acquired Dutch identity verification company IDchecker.

State Bank Financial in Atlanta reached an agreement to end its loss-share agreements for 12 failed banks that it acquired during the financial crisis.

The Clinton Foundation has generated at least $1 million in fees from six large banks, as payment for speeches made since 2002 by Democratic presidential candidate Hillary Clinton, former president Bill Clinton and Chelsea Clinton.