Kristin Broughton

PagBrasil, a payment processor in Brazil, has launched a product that provides accelerated confirmation for online payments made using boleto bancario, the electronic payment method in Brazil.

Veritex Holdings in Dallas could sell up to $40.4 million of its common stock as part of its initial public offering.

Banks have ceded market share to business-development companies, hedge funds and others when it comes to loans to midsize companies. Unless banks strengthen cross-selling techniques and embrace technology soon, then competition, Basel III and other forces will eat into their profits.

Astoria Financial in Lake Success, N.Y., has hired former KeyCorp executive Hugh Donlon to be its chief lending officer.

Cardtronics, a Houston-based ATM, has completed its acquisition of Welch ATM, a Peoria, Ill.-based provider of retail ATM services.

Supporters of a modern replacement for a century-old community swimming pool in the hometown of Belmont Savings Bank had a fundraising crisis, and they are hoping a matching grant from the bank will save the project.

Former "American Idol" star Clay Aiken will face incumbent Renee Ellmers in a congressional debate hosted by the North Carolina Bankers Association.

BEO Bancorp in Heppner, Ore., has agreed to buy Bank Reale, in Pasco, Wash. A purchase price for the cash-and-stock deal was not disclosed. The transaction is expected to close in the first quarter.

Egyptian mobile payments firm EMP has agreed to provide third-party card processing services to Inov8, a digital payments company in Pakistan.

Norsco Federal CU in Norristown, Pa., has completed its merger with TruMark Financial CU in Trevose, Pa.

JPMorgan Chase denied knowledge of an additional security breach Thursday after The New York Times reported possible evidence of a fresh attack.

Notre Dame FCU in Notre Dame, Ind., has begun offering SBA commercial loans.

PNC Financial Services in Pittsburgh has appointed a former brand executive for the National Football League to its board.

United Community Banks in Blairsville, Ga., has announced a series of executive changes following the retirement of its chief risk officer.

Bank of America has combined the roles of chairman and chief executive for the first time since the immediate aftermath of the financial crisis.

Radius Bancorp in Boston has filed documents for an initial public offering that will allow two of its investors to avoid being subject to portions of the Volcker Rule.

Tangerine, a direct bank based in Canada, has added biometrics to its mobile app.

Xenith Bankshares in Richmond, Va., has brought in nearly $18 million in funding through a private placement and a new loan.

CNB in Centreville, Md., has named Edward Allen president and chief executive, following the resignation of its current CEO, F. Winfield Trice.

Qiwi, a payment services company based in Moscow, has added self-serve kiosks in JSC Tander convenience stores across Russia.