New POS schemes bring uncertainties. Merchants need partners who can help them scale their solutions while growing sales and increasing customers.

Through a partnership with Bitcoin payment processor BitPay Inc., Gyft now accepts bitcoins for its mobile gift card product. This extends the virtual currency's reach to more than 50,000 retail locations.

Wallis State Bank has expanded beyond the Houston area to open its first full-service branch in Dallas.

Executives from Citigroup, Goldman Sachs and ING U.S. were among the honorees at an annual awards ceremony hosted by Legal Momentum, a women's legal defense and education fund.

Quarterly profit rose at NASB Financial (NASB) in Grandview, Mo., on stronger credit quality and noninterest income.

In three years of “say-on-pay” votes since Dodd-Frank, investors have widely acquiesced to double-digit increases in bank executive compensation.

A new study from Maritz Loyalty Marketing in Toronto found that a main driver of customer satisfaction with financial-services firms' loyalty programs is how easy they are to use, rather than the financial incentives they offer.

A new report from Celent finds that many banks plan to expand their branch networks over the next few years even though all the evidence suggests that foot traffic is declining and that most transactions are now conducted online.

Look up in the sky! It's a bird. It's a plane. No, Regions Financial is adding two supersized signs to the Music City skyline.

Federal Savings Bank in Kansas is growing by making mortgages to veterans, a business that other lenders have botched.

Sun Bancorp in Vineland, N.J., will close three branches near the Philadelphia suburbs as looks to cut costs.

A former loan officer at Wilmington Trust in Delaware is facing jail time after pleading guilty this week to bank fraud.

BancorpSouth in Tupelo, Miss., is offering early retirement to about 10% of its workforce in an attempt to cut costs.

The $394 million-asset Broadway Financial said Wednesday that its Broadway Federal Bank recently sold $8.7 million in loans to an unnamed buyer for an undisclosed price.

National Bank Holdings in Greenwood Village, Colo., has created a specialty finance business to focus on middle-market companies.

Community Partners Bancorp in Tinton Falls, N.J. is getting a new name.

Fannie Mae will pay the Treasury Department $59.4 billion after reporting a record quarterly profit driven by rising home prices and declining delinquencies.

The Consumer Financial Protection Bureau is pushing for private student lenders and the government to help lower payments for borrowers after receiving thousands of complaints from consumers.

The Dodd-Frank Act's ban on pure commercial ownership of industrial loan companies is set to expire in July. American Banker editors discuss the pros and cons of allowing a commercial enterprise like Wal-Mart into the banking business at a time when the previous argument against doing so has been turned on its head.

Fifth Third Bancorp in Cincinnati is selling a $225 million stake in Vantiv (VNTV), its former subsidiary.