Jacob Passy

MasterCard will begin offering tokenization for app, e-commerce and recurring payment programs as it expands MasterCard Digital Enablement Services (MDES).

Opus Bank in Irvine, Calif., has named a new head of commercial real estate lending after its current leader resigned.

Rita Lowman, chief operating officer at C1 Financial in St. Petersburg, Fla., has been named chairwoman-elect of the Florida Bankers Association.

"Wells Fargo" is suddenly the name that shall not be spoken for the Philadelphia 76ers.

Almost two-dozen banks in New York City do not appear to offer or widely advertise basic checking accounts, although state law requires it, the New York City Comptroller said Friday.

Highlands Bancorp in Vernon, N.J., has acquired LCD Mortgage, a residential mortgage originator in Totowa, N.J.

Prepaid and payments company Blackhawk Network has reached an agreement to buy Achievers Corp.

The Consumer Bankers Association praised banks' discipline on managing credit quality for student loans after a report showed a drop in delinquencies.

The Consumer Financial Protection Bureau issued a final rule Wednesday that allows it to monitor the biggest nonbank auto finance companies.

Big banks and institutional lenders approved small-business loans at record rates in May, according to data from Biz2Credit.