It hasn't been easy for banks to get out of loss-sharing agreements with the FDIC, but Bank of the Ozarks recently secured the most significant early-termination deal yet. It could be a sign that banks and the regulator are getting on the same page.

Vogogo, a payments company that enables users to convert cryptocurrencies into government-backed currencies, has acquired Vanado Inc., a consulting and payment services company based in Denver.

The CFPB made an announcement in October that caused many consumer advocates to cheer and many bankers to scratch their heads. In short, it's ready to address the decades-old consumer complaint of being rejected for a checking account based on information that they believe is irrelevant, inaccurate or inconvenient.

Webster Financial in Waterbury, Conn., has changed the name of its wealth planning unit.

Old Second Bancorp in Aurora, Ill., will soon start redeeming shares it issued as part of the Troubled Asset Relief Program.

Jorge Junquera, vice chairman and special assistant to the chief executive at Popular Inc., will retire next month.

In the U.S., approximately 1.7% of credit card accounts are more than 30 days past due, which includes people who have let their bills go unpaid for more than 60 and 90 days, according to 2014 third quarter data from Experian Intelliview.

The payments industry is quickly adapting to new technology, new regulations and new consumer demands. Here are 15 of the industry's major transformations already in progress.

The coming year presents a golden opportunity for the payments industry to push for a repeal of the Durbin Amendment.

Fearless forecasts from BankThink's stable of industry veterans, experts and critics.

Verizon Communications Inc. has paid the state of Massachusetts $1.3 million to settle charges that it overbilled the state for phone service.

Square is committed to its diversification strategy, furthering its transformation from a simple mobile point of sale provider to a company that also handles small-business loans, marketing and e-commerce.

Commercial firms' appetite for loans fell in November, though bankers have mixed views on why demand decreased. Meanwhile, financial institutions are managing to reduce deposit rates, which should help margins over the long run.

Ocwen Financial, operating under a settlement with New York's banking regulator that restricts its servicing portfolio acquisitions, is looking at its old private-label mortgage securities as a new profit center.

The Consumer Financial Protection Bureau published a notice this week in the Federal Register to collect comments on its request for approval of a consumer response intake form under the Paperwork Reduction Act.

WashingtonFirst Bankshares in Reston, Va., has raised $20 million through a private placement.

First NBC Bank Holding in New Orleans has agreed to buy State Investors Bancorp in New Orleans.

As payments providers shore up their security, using tokenization on top of biometrics on top of encryption, will there be a need for merchants to manage fraud on a per-transaction basis?

When you are a company that started out 125 years ago as National Cash Register, you've had to reinvent yourself a few times.