After slogging through several quarters of high expenses and shrinking profits, some lenders are now selling mortgage servicing rights to raise cash to cover payroll and expenses, industry sources say.

ServisFirst Bancshares in Birmingham, Ala., has filed plans to raise $72 million through in initial public offering.

Regions Financial (RF) in Birmingham, Ala., is reorganizing the geographic structure of its Midwest operations following the retirement of area President Sally Roth.

Bankwell Financial (BWFG) in New Canaan, Conn., plans to raise nearly $61 million by selling common and preferred stock.

Vietnam Eximbank has implemented biometric technology for over-the-counter and ATM transactions where only fingerprint is needed for authentication.

National Bank of Cambridge in Cambridge, Md., has been freed from a formal agreement with the Office of the Comptroller of the Currency.

Local court officials across Tennessee gained approval last week to add an additional fee if they use an outside collection agency to pursue unpaid criminal court fines and fees.

Last year, IdentityMind Global's banking partners began asking the anti-fraud and risk management provider to build an anti-money laundering system for the Bitcoin startups among the bank's clients. IdentityMind Global has now completed development on this AML technology.

Popular (BPOP) in San Juan, Puerto Rico, could be looking to sell its banking operations in Chicago and Los Angeles.

A new report by the World Privacy Forum describes the proliferation of "consumer scores" and calls for rules that would make them more transparent to the public. These scores differ substantially from traditional credit scores, which are compiled using loan payment histories from credit reports. Instead, consumer scores rely on other data, such as retail purchase histories, demographic information and social media activity. Consumer lenders use some of them to evaluate loan applicants. Here's a rundown of selected scores and some of the World Privacy Forum's related warnings, including one that calls for updating existing consumer protection regulations.

EBay Inc. now allows marketplace users in the U.S. to sell virtual currency, such as the popular decentralized cryptocurrency, Bitcoin.

The Royal Canadian Mint is halting development of its MintChip digital currency project, according to a report in The Wall Street Journal.

The controversial industry will soon be regulated for the first time on a nationwide basis. Here’s a guide to what's coming.

Peoples Bancorp (PEBO) in Marietta, Ohio, has agreed to buy Ohio Heritage Bancorp (OHHB) in Coshocton.

The rising costs of regulatory compliance, health insurance and technology prompted Mountain Valley Bank to merge with a company that once was its biggest investor.

Clifton Bancorp (CSBK) in New Jersey has named Tricia Cademartori Hrotko to the newly created position of chief revenue officer.

Federal banking regulators have signed off on Umpqua Holdings' (UMPQ) agreement to buy Sterling Financial (STSA).

Programs to help underwater borrowers with second liens are languishing and the Treasury's authority to create and fund new ones under the Troubled Asset Relief Program expired several years ago.

Old Second Bancorp (OSBC) in Aurora, Ill., is tempering its expectations for its planned public offering.

John and Bill Wheeler went as far as giving away foreclosed properties to reduce maintenance fees and bad assets. As a result, State Bank of Countryside has returned to profitability and is ready to start lending again.