Lalita Clozel

FirstMerit in Akron, Ohio, posted lower third-quarter profit, citing narrower profit margins and a larger loan-loss provision.

Customers Bancorp in Wyomissing, Pa., is building an online borrowing experience for its small-business clients.

Northrim BanCorp in Anchorage, Alaska, will give its chief executive the additional title of chairman, as its current chairman to plans to retire at year end.

Wells Fargo plans to systematically poach Credit Suisse's private brokers in the U.S. and their clients — and the Swiss bank is OK with that.

Consumer Financial Protection Bureau Director Richard Cordray issued a public rebuke of RushCard on Friday, warning that it must rapidly fix technical glitches that have left customers locked out of their accounts.

State Bank Financial in Atlanta has acquired Patriot Capital, a provider of equipment financing to gas stations and commercial petroleum users.

Consumer Financial Protection Bureau Director Richard Cordray issued a public rebuke of RushCard on Friday, warning that it must rapidly fix technical glitches that have left customers locked out of their accounts.

Xpress Money is offering up its own slate of self-service kiosks, the 16-year-old global money transfer has announced.

Quarterly profits fell slightly at Umpqua Holdings in Portland, Ore., because of fewer proceeds from loan sales, tighter margins and other factors.

Stockholm-based Seamless will soon integrate Near Field Communication technology into SEQR, its mobile payment app that was originally designed around the use of QR codes.

Total System Services Healthcare will be issuing a new type of debit card for the Empire Innovation Group.

First Partners Bank in Birmingham, Ala., and Highlands Bancorp in Vernon, N.J., have both issued subordinated debt, as part of their plans to exit the Small Business Lending Fund program.

Discover Financial Services has joined the Banking Industry Architecture Network to take part in the nonprofit's framework and messaging standards to lower costs and speed the delivery of services to customers.

Stockholm-based Seamless is threading currency exchange into its QR code-based mobile payment platform SEQR.

The online lender Enova International has hired an ex-HSBC executive as its chief operating officer.

The National Credit Union Administration struck a cautiously optimistic tone in its latest "economic update" video, posted on YouTube Monday.

Western Alliance Bancorp. in Phoenix posted a big increase in third-quarter profit, its first earnings statement after the acquisition of Bridge Bank.

Associated Banc-Corp in Green Bay, Wis., posted lower third-quarter profit, citing lower yields on earning assets.

The European mobile point of sale provider payworks plans to expand in the United Kingdom through the hiring of former Verifone executive Frank Landen.

When Netflix announced that its new U.S. subscriber count had declined 10.2% year-over-year, it blamed the "ongoing transition to chip-based credit and debit cards." And the video-streaming company may not be the only victim of this phenomenon.