Silicon Valley Bank and MasterCard Inc. launched the Commerce.Innovated. accelerator to find and nurture innovators in payments technology.

Citigroup Inc. (C), the third-largest U.S. bank, gave Chief Executive Officer Michael Corbat a 25 percent pay raise to about $14.4 million for 2013, his first full year running the firm.

Enterprise Financial Services (EFSC) in Clayton, Mo., has promoted an executive to lead its commercial banking efforts.

Guernsey Bancorp in Westerville, Ohio, has terminated an agreement to buy Ohio State Bank in Marion.

Umpqua Holdings and Sterling Financial are paying Banner $7 million to take the branches. Though negative bids are uncommon in healthy bank deals, it seems like a small price to get regulators to bless a $2 billion merger.

An industry leader discusses advances in collections methodologies - including the creation of effective collections infrastructure, innovations in the field and the major factors driving change in collections strategies.

Once written off as an endangered species, nonbank home lenders are making a comeback in the third-party origination businesses abandoned by banks since the financial crisis.

Experian Automotive announced Thursday that consumers continued to make their loan payments on time in Q4 2013. Automotive loan 30-day delinquencies were down 3.5 percent (going from 2.72 percent in Q4 2012 to 2.63 percent in Q4 2013), and 60-day delinquencies remained flat at 0.74 percent.

The Consumer Financial Protection Bureau's crackdown on mortgage servicers' operations will increase the pressure on lenders to improve their processes, paperwork and communications with borrowers. American Banker journalists discuss how both banks and nonbank servicers can get ahead of the new regulatory scrutiny.

Several companies and individuals have agreed to settlements with the Federal Trade Commission that ban them from selling business or work-at-home opportunities and require them to surrender assets to the FTC.

Regulation, succession planning and lending limits are huge issues, particularly for banks with $100 million or less in assets. As a result, more of those banks are taking a hard look at selling themselves.

A former executive of Anchor Bancorp Wisconsin (ABCW) in Madison has been charged with six counts of wire fraud, the U.S. attorney’s office in Madison said Wednesday.

North Shore Bank in Brookfield, Wis., bank celebrated its 90th anniversary by giving cash awards to three money management instructors. Find out why the bank has long had a soft spot for teachers.

First Business Financial Services (FBIZ) in Madison, Wis., is looking for a new chief financial officer.

Hamilton Bank (HBK) in Baltimore has poached three executives from CFG Community Bank in Lutherville, Md.

Remember when Hall of Famers Phil Rizzuto and Jim Palmer used to shill for The Money Store? Financial firms continue to rely heavily on high-profile endorsements. Following are some noteworthy examples.

JPMorgan Chase & Co. (JPM), the biggest U.S. bank, revised its gauge of market gains and losses to incorporate new regulatory requirements, resulting in a jump in the frequency of losses last year.

Everett Stern, who last year filed a lawsuit urging further U.S. investigation of his ex-employer HSBC, has decided to run for Congress on a platform of getting tougher on banks and cleaning up Washington.

Allowing merchants to set up recurring debits or pull money from a Bitcoin account seems in conflict with the Bitcoin protocol itself, which was built for push transactions, allowing consumers to have a better handle on what payments they make. But pull transactions are just what a partnership between Coinbase and Balanced will enable.

It's unclear who is behind the online campaign "Stop the Choke," but its message is clear: oppose the Justice Department investigation of the banking system's ties to firms that could be involved in fraud.