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.

Wirecard AG has added a link to Google's search engine marketing service to its Checkout Portal.

City National in Los Angeles, which is being acquired by Royal Bank of Canada, has hired three wealth advisers for its New York office.

Six federal regulators on Tuesday issued a final joint policy statement laying out standards for assessing financial institutions' diversity policies.

Spindle has revised its Yowza mobile shopping app to fuel further engagement with consumers through its commerce platform.

Coastal Banking in Beaufort, S.C., has promoted the head of its mortgage banking division to president of CBC National Bank.

Jamie Armistead is focusing Bank of the West's mobile and online efforts on design principles.

Boston Private Financial Holdings has given its president, Mark Thompson, the additional title of chief executive for its Boston Private Wealth division.

Opus Bank in Irvine, Calif., has appointed three executives to fill the role of chief operating officer after Romolo "Ron" Santarosa resigned from the position.

Borrowing from the playbook of other banks that faced similar challenges, Pittsburgh-based PNC hopes its new sponsorship deal with Chicago's beloved Bears football team will help it catch up in a major market where it ranks No. 8.

Sun National Bank in Mount Laurel, N.J., has promoted Anthony D'Imperio to chief credit officer and senior vice president, according to a filing with the Securities and Exchange Commission this week.