A lawsuit filed by marijuana activists in Denver District Court claims that collecting pot taxes violates the Fifth Amendment of the U.S. Constitution.

Licensed money services business AstroPay is launching Ripple LatAm, connecting the Latin American market with the digital currency payment provider Ripple Labs' network partners and gateways in North America, Europe and Asia.

Tax compliance provider Avalara has made many connections within the payments industry to respond to merchant demand for built-in tax reporting functions at the point of sale.

Sun Bancorp (SNBC) in Mount Laurel, N.J., has hired three industry veterans to expand its commercial lending in New Jersey.

JPMorgan Chase is sticking with its projections of 5% loan growth this year because of positive signs in auto, credit card, CRE and other categories, an official said. Next year may see similar improvement.

The Holding family has held large stakes in several banks for years; two of those banks are finally merging as part of a $637 million deal.

LenderLive Network is expanding its correspondent lending channel by offering to buy jumbo mortgages from members of the Independent Community Bankers of America.

Upbeat comments from executives at Capital One and Discover are backed up by new data on card spending and loan growth.

U.S. Bank has opened a tony branch at Starbucks Center in Seattle, which houses the coffee chain's 4,300-employee headquarters as well as the offices of other large corporations and startups. It is part of a broader strategy to target high-end consumers.

Capital One Financial (COF) in McLean, Va., is piloting a new service aimed at protecting its customers from possible fraud.

A new trade group is making an effort to educate veterans about the lesser-known, low-down-payment, government-backed loan program, while the Department of Veterans Affairs works to clarify rules and recruit appraisers.

The Consumer Financial Protection Bureau Wednesday said it will take a harder look into mobile financial services to see the potential for consumer harm and determine the impact on the underbanked.

Struggling North Milwaukee Bancshares is asking its home city for a cash infusion, but the city has so far been reluctant to make a commitment.

Metro Bancorp (METR) in Harrisburg, Pa., is facing pressure from an investor to sell itself.

Share of The Bancorp (TBBK) plummeted a day after the Wilmington, Del., company disclosed that it had been hit with a consent order tied to the Bank Secrecy Act.

Some regional and large community banks are retaining more mortgages for investment because better-than-average deposit growth has given them extra cash they need to deploy. However, they are selective about which mortgages they keep.

A number of banks are looking at checking accounts without overdraft fees or check writing as a way to reach new customers and deepen relationships.

A payment processing company has settled charges that it helped facilitate a credit card interest rate reduction scam that bilked tens of thousands of consumers out of nearly $10 million.

A former U.S. Bank employee, believed to be the man suspected of taking bribes from a Florida-based debt buyer, is currently awaiting sentencing for taking kickbacks in another case.

American International Group Inc. (AIG) promoted Peter Hancock to chief executive officer as the company focuses on growth after his predecessor stabilized the insurer and paid back a 2008 government bailout.