Sun Bancorp in Mount Laurel, N.J., has agreed to pay $25,000 to resolve issues connected to the company’s former Sun Home Loans division.

Banks are looking to beef up ease and convenience in P-to-P payments to avoid being reduced solely to back-end payments processors for fintech startups.

Cape Cod Five Cents Savings Bank in Orleans, Mass., has agreed to buy a branch in Falmouth, Mass., from Mutual Bank.

Bank of New York Mellon has become a big believer in reverse mortgages, particularly home equity conversion mortgages insured by the Federal Housing Administration.

Bank of Hawaii in Honolulu said Monday that its fourth-quarter profit rose 3.98% to $42.8 million from a year earlier as loan growth offset lower fee income.

NEW YORK — Despite crippling amounts of snow from behemoth winter storm Jonas, most credit unions are operating relatively normally, according to leagues in some of the hardest-hit states in the Eastern U.S.

PNC Financial Services Group in Pittsburgh has tapped Karen Larrimer to lead its retail banking division.

Ag lenders enjoyed solid credit metrics and an increase in farms loans in 2015. Those results could come under pressure this year, requiring bankers to become more vigilant in talking to their agricultural clients.

Discover Financial Services is making an aggressive new bid for consumers who can't qualify for a traditional credit card.

The $465 million-asset bank in Athens, Ga., has named Rhodes McLanahan CEO and president.

Maria T. Vullo, formerly New York's executive deputy attorney general for Economic Justice, was nominated by Gov. Andrew Cuomo to serve as superintendent of a state agency that has played a key role in cracking down on debt collectors.

Visa has nabbed an executive from the media company Time Inc. to be its chief marketing and communications officer.

Nomorobo, a startup that blocks telemarketing calls, earned an endorsement from telecom giant Time Warner Cable Inc., which recently announced it will provide its phone customers easy access to its third-party robocall-blocking service.

United Community Financial in Youngstown, Ohio, has agreed to buy James & Sons Insurance.

Opus Bank in Irvine, Calif., has agreed to buy Pensco Trust Co. in San Francisco from Pensco Services.

The way the Consumer Financial Protection Bureau is regulating the auto finance industry's relationships with dealers is simply wrong — both legally and ethically — according to Blair Evans of Baker Donelson. It's also directly counterproductive to its goal of protecting consumers, she says.

In South Africa, parents who default on school fees are increasingly being turned over to debt collectors to help debt ridden high schools.

Calls with analysts to discuss the fourth-quarter results were dominated by questions about energy exposure, efficiency and the growing worry about when the next credit cycle may begin. Still, some banks managed to get in a few thoughts about how technology is reshaping their businesses.

Imagine offering a borrower a better rate or a bigger loan because a handful of his buddies say he is an upstanding guy who they are so confident will pay back his loan that they are willing to cover a portion of it if he doesn't.

There have been many reports of bitcoin's demise, but the fate of one currency doesn't eliminate the many use cases that virtual currency could still address in payments, according to Evan Duffield, a Phoenix-based developer and founder of the virtual currency Dash.