Discover Financial Services agreed with regulators to bolster its payment systems against money launderers. No financial penalty was imposed.

The United States Court of Appeals has confirmed BancorpSouth's lack of liability in an online banking fraud case, and even granted that the bank may seek to recover attorneys' fees from the victim.

WASHINGTON — A financial education partnership between public libraries and the Consumer Financial Protection Bureau has skyrocketed to more than 98 library systems in the two months since the pilot program launched.

Wells Fargo lost its chance to appeal to the Supreme Court to approve its use of a complicated tax shelter. But clarity provided by that case and those being fought by BB&T and others is likely to provide the basis for future tax loopholes for banks.

A federal district court in Washington upheld another ruling disallowing three hedge funds controlling portions of a defaulted loan from voting on a reorganization plan. The ruling could impact banks as they make more concessions to win business.

The lawsuit stands out as the first major legal action by a state against a credit bureau in recent years, but it may pressure other states and federal agencies to take public action.

Illinois Attorney General Lisa Madigan is alerting residents about an email scam that uses her office’s name and falsely threatens prosecution to collect on supposed debts.

HSBC Holdings (HSBC) said Irene Dorner will retire as chief executive of its U.S. banking unit and will be succeeded by HSBC executive Patrick Burke.

The Supreme Court told a lower court to take another look at a ruling that let the National Credit Union Administration sue a group of banks for allegedly deceiving investors about mortgage-backed securities.

Capital One, with more than 250 branches in New York, agreed to limit its use of customer-screening databases that barred many low-income consumers from getting bank accounts, state officials said.

An operation that sent millions of spam text messages to consumers across the U.S. with false promises of gift cards to retailers has settled FTC charges.

Many bankers are accusing their competitors of softening loan terms to stay competitive. Here are seven ways bankers are easing credit standards to court business borrowers.

GreenStar Payment Solutions, a venture of SinglePoint, Advanced Content Services and GreenHouse Payment Solutions, is offering debit card acceptance to legal marijuana dispensaries through the use of cashless ATMs.

Univest Corp. of Pennsylvania (UVSP) in Souderton said its president of wealth management is leaving to lead a nonprofit financial services firm whose operations include a credit union.

National Bank Holdings (NBHC) in Greenwood Village, Colo., has tapped a recently retired banking commissioner to join its board.

Commerce Bancshares (CBSH) of Kansas City, Mo., expects to sell $150 million in preferred stock, which it will use to buy back $200 million of its common stock.

The state of California is seeking a 12-month license suspension for CashCall, a high-cost lender that's come under fire in numerous other states.

The Bank of New York Mellon (BK) is planning to enter the reverse mortgage business.

Mutuals also face a disadvantage with succession planning because they are unable to offer equity-based compensation. Instead, mutuals need to highlight cultural advantages that include a better quality of life and greater stability.

Coast Bancorp (CTBP) raised $6.8 million in capital through a private placement offering as it looks to grow after recently resolving a regulatory order.