The Federal Trade Commission recorded more than 40,000 cases of grandparent scams from 2010 to 2013 and the scam is widely considered to be underreported.

Biometric authentication may seem all the rage now that Apple uses fingerprint authentication in its mobile wallet, but the Bitcoin ATM provider RoboCoin has concluded that biometric technology can be more of a hassle than a help.

First Savings Bank of Perkasie in Perkasie, Pa., has agreed to merge with First Federal of Bucks County in Bristol, Pa.

Independent Bank Corp. in Rockland, Mass., has raised $35 million by issuing debt.

First National Corp. in Strasburg, Va., has agreed to buy six branches in Virginia from Bank of America.

Lawyers for the U.S. and Wells Fargo told a judge they doubt they can reach a settlement in a government lawsuit accusing the bank of home-mortgage fraud, a person familiar with the matter said.

Whether financial services executives love or hate Bitcoin, experts say the digital currency's underlying technology will inevitably affect their businesses. And the next generation of consumers are driving this change.

The Federal Housing Administration's mortgage insurance fund is finally in the black, but not strong enough that the agency is likely to lower premiums anytime soon.

In the card industry, enrolling customers online was once viewed as risky, even taboo. Today it is considered a key signpost of success.

Silicon Valley Bank, based in Santa Clara, Calif., has selected 18 students from colleges around the country to participate in its inaugural SVB Trek, a program connecting students to West Coast tech leaders, including entrepreneurs and venture capitalists.

Goldman Sachs Group Inc. dismissed currency trader Frank Cahill over alleged behavior during his time at HSBC Holdings PLC.

Steven Sugarman, chief executive at Banc of California, recently completed a large branch acquisition after a public battle with an advocacy group. In a recent interview, he discussed that process as well as the bank's busy year — both the good and the bad.

Bank of Tokyo-Mitsubishi UFJ Ltd. agreed to pay an additional $315 million to New York’s Department of Financial Services for misleading regulators in an investigation of the bank’s transactions with sanctioned countries including Iran and Sudan.

First Financial Bancorp in Cincinnati has shuffled its C-Suite and appointed a new president.

First Financial Northwest in Renton, Wash., has gotten regulatory approval to receive a $70 million dividend from its bank unit.

A Georgia-based collection agency and seven employees are facing fraud charges after a federal investigation revealed tactics that prosecutors believe convinced more than 6,000 people to pay the firm an estimated $4.1 million in purported debts, according to a criminal complaint filed Tuesday.

Most lenders are said to be embracing the regulatory changes being made to the home equity conversion mortgage, but for Generation Mortgage those changes meant too much risk and lower margins.

The mortgage delinquency rate continued its robust decline, falling for the 11th straight quarter, according to TransUnion's latest mortgage report.

A secondary market system "dominated by Fannie and Freddie in conservatorship is simply not desirable," Castro says.

Carver Bancorp in New York said Deborah Wright will retire as chief executive at the end of the year. The company's current president will succeed her.