As the potential end of unlimited deposit insurance for noninterest bearing accounts nears, industry observer weigh in on what could to happen to those deposits. Some see the Dec. 31 end of the program as a 'litmus test' for Too Big To Fail and an opportunity for smaller banks.

A small Florida bank has refused to sign an enforcement order that would require it to beef up its capital reserves and reduce its risk, and now its state regulator is asking the courts to step in.

Harvard Illinois Bancorp's management and board have prevailed in their proxy battle with an activist investor.

"The future is going to be no one company is going to own digital payments and digital commerce," says Dan Schulman, group president of enterprise growth at American Express, who has met with more than 300 mobile commerce companies in Silicon Valley. "It's going to be a combination of financial services companies, wireless companies, software companies, retailers coming together to think about, how do we offer a better experience for the consumer in this commerce lifecycle."

Amex has plans to converge its prepaid cards and its digital wallet. Dan Schulman, group president of enterprise growth, explains.

Waves were made in early August, when Google announced that its Wallet worked with all major credit cards and American Express counter-announced that no, it does not have an agreement with Google to work with its Wallet. Sean Sposito grills Dan Schulman, group president of enterprise growth at Amex, about this very public dispute.

It's a crowded mobile wallet market, with Google, PayPal, Isis and others strenuously pushing their products. Dan Schulman, group president of enterprise growth, shares what he believes are the strengths of American Express’s Serve digital wallet.

A closed loop can help eliminate spam and unwanted marketing messages, according to Dan Schulman, group president of enterprise growth.

American Express has ambitious plans for Serve, Dan Schulman, group president of enterprise growth explains.

Most of us in the banking community are seeking, after the crash, to rebuild trust, shareholder and client loyalty, businesses and lives. As time goes on and memories fade, we should remember the job is not finished.

In a Harvard Business Review op-ed, ex-Citigroup and Bank of America executive Sallie Krawcheck provides a glimpse of how she'd run a bank if given the chance.

Citigroup Global Markets on Thursday bought $1.67 billion of complex residential mortgage assets from a Federal Reserve Bank of New York portfolio taken on during the 2008 bailout of American International Group, according to the New York Fed's website.

Bank of Kentucky Financial (BKYF) had named Herbert H. Works to succeed Rodney S. Cain as its chairman.

A European Union court Thursday rejected a legal challenge by MasterCard Inc. (MA) of a 2007 European Union ruling over its fees, in a case seen as a key test on the levies card companies can impose in Europe.

WarehouseOne of Trenton, N.J., which has been in business since 1998, is demanding that a troubled lender with a similar-sounding name stop using that name.

Mortgage firms that use the correspondent and wholesale channels to fund loans experienced strong growth in the first quarter, according to preliminary survey information being compiled by National Mortgage News and the Quarterly Data Report.

The CFPB issued a proposal Thursday laying out the steps it will take to designate certain nonbanks for supervision if they pose a risk to consumers.

Certain loans were well underwritten and structured, and are underperforming now solely because of job losses. Drastic approaches like modifications and refis are unnecessary to help these ordinarily creditworthy homeowners.

A conservative polling firm says that the vast majority of voters have heard of Fannie Mae and Freddie Mac. The problem: half think they are broken.

Bank industry experts this week offered several suggestions for how Jamie Dimon should go about repairing JPMorgan Chase's reputation, after a London trader's bets lost the bank at least $2 billion.