Apple Pay scooped up one million payment cards in its first 72 hours, 60% of which were Visa cards, but MasterCard's chief executive still expressed optimism for the payment network's chances in the rapidly shifting mobile landscape.

Pacific Commerce Bank in Los Angeles has agreed to buy Vibra Bank in Chula Vista, Calif.

Prosecutors in California settled a consumer fraud case with Debt Free Associates LLC and are now urging eligible clients to seek the refunds they are owed, Monterey County (Calif.) District Attorney Dean Flippo said.

Subprime auto loan delinquencies have risen to levels that are higher than before the financial crisis and aren’t rising at the same pace as loans to others, Citigroup analysts wrote in a report, without citing specific issuers.

Banc of California in Irvine reported strong earnings growth in the third quarter thanks to a massive surge in fees from the sale of loans.

Brookline Bancorp in Boston reported higher quarterly profits fueled by loan growth and improved asset quality.

Heritage Oaks Bancorp in Paso Robles, Calif., has revamped its audit committee after discovering it broke Nasdaq rules.

Valley National Bancorp in Wayne, N.J., reported higher earnings driven by loan growth, lower costs and improvements in credit quality.

Soaring student loans and the reluctance of Millennials to own houses and cars threaten to define the entire generation and put them behind - as a whole - throughout their lives, a chief economist at Equifax said.

S&T Bancorp in Indiana, Pa., has agreed to buy Integrity Bancshares in Camp Hill, Pa.

About 60% of the first cards loaded onto Apple Pay are Visa cards, and the card network plans to build on this beginning in an aggressive mobile commerce strategy, according to CEO Charles Scharf.

BBCN Bancorp in Los Angeles has added three directors, including a consultant well-versed in anti-money laundering regulation.

Credit unions can and should “re-imagine” their branches to drive growth, according to a new white paper.

WesBanco in Wheeling, W.Va., has agreed to buy ESB Financial in Ellwood City, Pa.

WASHINGTON — A smaller percentage of U.S. households in 2013 were unbanked compared with two years earlier, just as less traditional financial services products such as prepaid cards grew in usage among those without a bank account.

Bank of Sun Prairie in Sun Prairie, Wis., has a new chief executive.

New Hampshire Thrift Bancshares in Newport has raised $17 million by issuing subordinated debt to certain investors.

The Detroit lender gave a favorable outlook on credit losses despite the fact that it expects a decline in used-car prices.

In a surprise victory for mortgage servicer PHH Corp., a California judge overturned a $16.2 million jury verdict awarded to a California homeowner in July for a botched loan modification.

Hanmi Bank in Los Angeles has hired executives to expand its customer base in Texas and Illinois.