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Scattered reports of double payments and failed transactions have begun to bubble to the surface after what initially looked like a relatively smooth introduction of Apple Pay.
October 22 -
CNB Financial reported higher quarter earnings after buying FC Bancorp in Ohio. The $2.2 billion-asset company reported an 18% increase in third-quarter earnings from a year earlier, to $5.5 million.
October 21 -
First Defiance Financial in Defiance, Ohio, reported higher quarterly profit after posting higher fee income.
October 21 -
The average annual cost of cybercrime to companies has nearly doubled in the last five years, a new report from a cybersecurity research firm says.
October 21 -
BNC Bancorp in High Point, N.C., increased profits by nearly two-thirds thanks to higher net interest income and other factors.
October 20 -
PL Capital, upset that Metro Bancorp refuses to sell itself, has launched a proxy battle to gain two board seats at the Harrisburg, Pa., company.
October 20 -
Community Financial in Waldorf, Md., filed a shelf registration that will allow it to raise up to $75 million over the next three years.
October 20 -
Beneficial Mutual Bancorp in Philadelphia reported a nearly 50% increase in third-quarter net income led by the sale of nonperforming assets.
October 17 - Hawaii
Hawaii First Federal Credit Union received the Annual Native Community Development Financial Institution (CDFI) Convening's Circle of Honor Award.
October 17 -
The average annual cost of cybercrime to companies has nearly doubled in the last five years, a new report from a cybersecurity research firm says.
October 16 -
Rodney Martin Jr., Voya Financial's chairman and CEO, said he has decided to oversee the Retirement Solutions division himself. As a result, Maliz Beams, the CEO of that division, has left the company.
October 16 -
Acquisitions buoyed third-quarter earnings at Home BancShares in Conway, Ark. The $7.2 billion-asset company reported Thursday that it earned $27.4 million, up roughly 49% from a year earlier.
October 16 -
Sandy Spring Bancorp in Olney, Md., posted lower third-quarter earnings as expenses rose and net interest income declined.
October 16 -
The Opportunity Finance Network will award the 2014 Ned Gramlich Award for lifetime achievement to Bill Bynum, CEO of Hope Enterprise Corporation/Hope Credit Union. Bynum will receive the award Thursday at OFN's annual conference.
October 15 -
Westamerica in San Rafael, Calif., reported lower quarterly earnings largely because of a narrower net interest margin.
October 15 -
Visa Europe is working with edo, a Chicago and Nashville-based card-linked marketing firm, to launch a pilot of edo's technology in the U.K. this year and eventually expand to other European countries.
October 14 -
Metro Bancorp in Harrisburg, Pa., which has been under pressure from several investors, is taking steps to improve earnings and shareholder returns.
October 14 -
Malvern Bancorp in Paoli, Pa., has entered into a formal written agreement with the Office of the Comptroller of the Currency.
October 10 -
The Federal Deposit Insurance Corp. has reached a settlement with former executives at the failed LandMark Bank of Florida.
October 10 -
Wells Fargo will pay up to $5 million to resolve allegations it discriminated against mothers on maternity leave, the largest settlement of such claims ever reached by the Department of Housing and Urban Development.
October 9