Premiere Credit of North America, a collection agency based in Indianapolis, will be adding 100 new jobs to its Batavia, N.Y. call center that opened early last year.

The PayVest event in New York, presented by PaymentsSource, American Banker and NYPAY, brought together many key players in emerging payments and technology. Many of them are taking different paths to the future.

TCF Financial Corp. (NYSE: TCB) in Wayzata, Minn., has hired a PNC Financial Services Group (PNC) executive to be its chief risk officer.

The $1.6 billion-asset company reported Friday that it earned $2.8 million in the second quarter, up 6% from the same period in 2012.

Sen. Elizabeth Warren, D-Mass., was the Senate's presiding officer when lawmakers confirmed Richard Cordray as director of the Consumer Financial Protection Bureau.

John Koelmel recently became the president of HarborCenter Development, a Buffalo, N.Y., real estate company with ties to a professional hockey team.

Wells Fargo and Citigroup are laying off hundreds of employees in their mortgage units as rising interest rates cause home loan refinances to plummet. More layoffs by banks with heavy exposure to mortgages are expected this year.

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Second-quarter profits at Tompkins Financial Corp. in Ithaca, N.Y., rose on increased loan revenue and fees, but fell short of analysts' estimates.

The Buffalo, N.Y., company is bolstering its commercial lending and auto finance businesses while it looks to replace ousted CEO John Koelmel.

First Horizon National Corp. in Memphis missed second-quarter profit estimates as its lending and fee income slid.

Associated Banc-Corp (ASBC) in Green Bay, Wis., announced second-quarter earnings of $47 million, up 12% from a year earlier thanks to higher net interest income and mortgage banking revenue.

Executives at SunTrust hope higher interest rates eventually translate into more new mortgages and wider margins, but the hit to its refinancing business is forcing cost cuts and balance sheet adjustments now.

The Georgia company is finally ready to exit the Troubled Asset Relief Program, allowing executives to set their sights on increasing revenue.

The Federal Reserve Board has levied a fine against Minster Bank in Ohio and freed a Missouri company from an enforcement action.

Ellen Futter and David Cote, two of the three JPMorgan Chase board members who became lightning rods for governance criticism this spring, have left the bank.

State Street Corp., the third-largest custody bank, said second-quarter profit climbed 16 percent as rising global equity markets lifted the value of the assets it oversees.

Online outrage this week over low wages at McDonald's has drawn in Visa, the processor of its payroll cards. The criticism comes as the cards in general and McDonald's version in particular are drawing mounting scrutiny for the fees they charge workers.

Shares of City National Corp. in Los Angeles rose Friday after it beat its earnings estimates on strong wealth management income.

One of the largest privately owned collection agencies in the United Kingdom, known as dlc, has announced the creation of a first-party outsourcing service division to meet the demands of clients.