In Minnesota, Anoka-Hennepin School District officials plan to hire a collection agency to pursue approximately $160,000 in unpaid breakfast and lunch money.

So many banks are running systems that were implemented before 1984, the year Mark Zuckerberg was born. They’re going to be dead meat in the age of real-time connectivity in the near-free world of today’s mobile Internet.

NerdWallet said former Citigroup banker Simon Williams is joining the consumer finance startup advised by Vikram Pandit, swelling the ranks of senior financiers helping the company.

Democratic presidential candidate Sen. Bernie Sanders is backing a plan to allow the U.S. Postal Service to provide banking services.

Profits fell at New York Community Bancorp in Westbury, N.Y., as it continued to manage its balance sheet to stay below a key regulatory threshold.

NARCA held elections for secretary, treasurer and board of directors at the NARCA 2015 Fall Collection Conference in Washington, D.C. While the secretary and treasurer positions were uncontested, ten NARCA members ran for six board seats.

Southern BancShares in Mount Olive, N.C., has agreed to buy Heritage Bankshares in Norfolk, Va.

UniRush's transition to a new processor caused major service interruptions for users of its popular RushCard prepaid products.

Regulatory action is needed to weed out patently unfair fee structures, but as an industry we should and can do better on our own.

While Diebold and Wincor Nixdorf may soon merge to form the world's largest ATM company, NCR is working harder than ever to set itself apart in the rapidly changing ATM/self-service payment market.

Renasant in Tupelo, Miss., has agreed to buy KeyWorth Bank in Johns Creek, Ga.

Daniel P. Dyer, the chief executive officer of Marlin Business Services in Mount Laurel, N.J., has retired.

Crossroads Bank in Effingham, Ill., has selected Michael Defend as its new chief executive. Defend, who will also serve as president, will step into his new role at the beginning of next year.

Profits at Discover Financial Services fell for the fourth consecutive quarter amid higher compliance expenses and rising funding costs.

Loan-loss provisions are trending up, partly due to an increase in overall lending but also because lenders are concerned about future losses on loans tied to the energy and manufacturing sectors.

Foundation Bancorp in Bellevue, Wash., is searching for a new chief executive. The company said in a press release Tuesday that Diane Dewbrey resigned a day earlier "to pursue other interests."

Housing finance reform in Congress is stalled, but Fannie Mae and Freddie Mac (often under pressure from their regulator) are forming partnerships, developing new products and finding ways to share risk with the private sector to correct flaws in the housing system.

A federal appeals court has dealt the retail sector a setback in the ongoing fight over surcharges on credit card purchases.

Two new apps, Penny and Sense, highlight customers' most pressing and interesting financial information without making them search for it. The apps, inspired by Google Now, come as banks worldwide try to provide more sophisticated mobile features.

David H. Stevens, the Mortgage Bankers Association's president, pledged to "shine an aggressive spotlight on abusive enforcement" at the trade group's annual gathering, specifically calling out the Department of Justice.