Colin Wilhelm

Bitreserve, a payments company started by CNET founder Halsey Minor that seeks to solve Bitcoin's volatility problem, has announced a new partnership with the Mexican billionaire Ricardo Salinas-Pliego and the support of two new currencies on its platform.

Ally Financial in Detroit announced its second big management change in less than two months.

Four House lawmakers announced Thursday that they had formed a bipartisan group to focus on "the new and innovative technologies in the payments industry."

U.S. Bancorp has hired a former Santander Bank executive to oversee the diversified industries segment of its large corporate banking division in New England.

Four Oaks Bank in North Carolina has named Warren "Rocky" Herring its chief credit officer. Herring had held the same job at Premier Commercial Bank in Greensboro, N.C., before NewBridge Bancorp bought it last month.

WSFS Financial in Wilmington, Del., has made a number of executive changes following the planned departure of its chief financial officer.

An outage that crippled the Internal Revenue Service's ability to process 4506-T forms for nearly two weeks has been resolved, but the capacity constraints in the tax transcript service are an ongoing challenge for the mortgage industry.

Financial Institutions Inc. in Warsaw, N.Y., has filed to sell up to $100 million in debt and equity.

Meta Financial Group in Sioux Falls, N.D., expects to have a strong fiscal second quarter despite a small charge tied to brokered deposits.

Kearny Financial in Fairfield, N.J., is moving ahead with its second-step conversion after getting approval from the Federal Reserve Board.

Wirecard, a German white-label electronic payment provider, will offer its "boon"-branded mobile payment app to Drillisch, a German telecommunications provider.

BMO Harris is adding cashless ATM access to 750 machines, enabling customers to withdraw cash using a smartphone application instead of a plastic card.

BMO Harris is adding cardless ATM access to 750 machines, enabling customers to withdraw cash using a smartphone application instead of a plastic card.

EverBank Financial in Jacksonville, Fla., has announced the share price of a secondary public offering by two institutional stockholders.

TUSCALOOSA, Ala. — Tuscaloosa Teachers Credit Union has rebranded itself as RiverFall Credit Union.

Enterprise Financial Services in St. Louis plans to add a banking veteran to its board.

InComm has integrated Walmart's prepaid reload capabilities with Visa's ReadyLink card management system.

Commerzbank has been ordered to pay a total of $1.45 billion in penalties, fire employees and install an independent monitor after it cleared transactions for entities in Iran and Sudan and facilitated payments for a Japanese company accused of accounting fraud.

Community banking groups have recently struck referral deals with marketplace lenders that could add revenue in the short run, but they might be giving away potentially valuable data and customers in the process.

PNC Financial Services Group in Pittsburgh may have to pay $390 million, including $35.5 million in punitive damages, for the role an acquisition had allegedly played in a major fraud scheme.