Monitise, a London-based payments technology company, has partnered with MoneyPass Network to provide services to ATM users in the U.S.

While put-backs and litigation risk are widely recognized as factors that have contributed to tight credit conditions, another factor — high servicing costs for nonperforming loans — is being overlooked.

Lenders could save time and money by offering homeowners the opportunity to finance the purchase of a rooftop solar system into a new mortgage.

New York Attorney General Eric T. Schneiderman announced Thursday plans to propose legislation to overhaul the state's data security law while requiring new safeguards for the personal data of consumers.

The Bancorp in Wilmington, Del., said the Federal Deposit Insurance Corp. will assess an insurance premium surcharge after a broader ruling on the status of prepaid cards.

A Minnesota state senator who filed for bankruptcy was relieved of $840,00 in debt last year, including $613,000 owed to the U.S. Small Business Administration.

SunTrust Banks has provided a $1 million grant to the nonprofit group Operation Hope to expand financial counseling services for low-income consumers at banks across the country.

Global Debt Registry, a debt repository for storing and tracking consumer debt, announced it has secured $7 million in funding. The investment comes on the heels of a landmark year for the company.

Citigroup, the third-largest U.S. bank, said profit tumbled 86 %, missing analysts' estimates after year-end trading slumped more than forecast.

Bank of America, the second-largest U.S. bank, said fourth-quarter profit fell 11% as revenue from fixed-income trading declined.

FS Card announced Thursday that Republic Bank & Trust in Louisville, Ky., will issue its new subprime credit card, which is scheduled to be launched this spring.

Wells Fargo has eased off the gas pedal in auto lending, as concerns about weakening industrywide credit standards continue to spread.

The Consumer Financial Protection Bureau said Wednesday it is seeking comment on a so-called "safe student account scorecard" that colleges could use to see how banks structure the fees, features and "sales tactics" of financial products to students before forming a partnership.

Commerce Bancshares in Kansas City, Mo., is delaying the release of its fourth-quarter results while external auditors complete a review of its procedures for establishing its loan-loss allowance.

The Consumer Financial Protection Bureau said Wednesday that it was seeking comment on a so-called "safe student account scorecard" that colleges could use to see how banks structure the fees, features and "sales tactics" of financial products to students before forming a partnership.

Plaza Bancorp in Irvine, Calif., has agreed to buy Manhattan Bancorp in El Segundo, Calif.

First BanCorp in San Juan, Puerto Rico, has created a new position to oversee strategic decisions.

Federal bank regulators will gather feedback on regulatory relief ideas at a public meeting on Feb. 4 at the Federal Reserve Bank of Dallas, the agencies said Wednesday.

JPMorgan Chase CEO Jamie Dimon had to defend the company against calls to break it up, doubts about its ability to command higher prices and greater efficiency, and investor disappointment with fourth-quarter results.

JPMorgan Chase & Co. reduced automated teller machines by 12% last quarter as the largest U.S. bank exited from some retail locations.