Citing steady international growth and earnings from increased debit network fees, First Data delivered a 3.8% increase in third-quarter consolidated revenue.

Citing higher purchase volumes for credit and debit cards in all regions, MasterCard Inc. earned net income of $717 million for the third quarter, up 38.4% from $518 million a year earlier.

Ally Financial Inc. swung to a loss in the third quarter, snapping a six-quarter streak of profits, as the government-controlled auto lender reported continued struggles in its mortgage operations.

One of the first large commercial banks to issue reloadable prepaid debit cards, U.S. Bancorp says its familiar brand gives it an edge over alternative providers.

HOUSTON – Cardtronics on Tuesday said it completed the acquisition of Access to Money, Inc., a troubled Cherry Hill, N.J.-based operator of 10,350 merchant-owned ATMs formerly known as TRM Corp.

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Sen. Dick Durbin is working behind the scenes on a new effort to ensure that small banks are not being hurt by the cap on debit interchange fees.

BB&T Corp.'s unusual deal to extract the most valuable parts of BankAtlantic shows how inventive dealmakers can get a leg up on their rivals in the topsy-turvy merger market.

Fiserv said Tuesday its third-quarter revenue rose 3% to $1.06 billion from a year earlier due to revenue growth in its payments segment. Its net income fell 5% to $127 million from a year earlier.

With its future in doubt, the company hires investment banks to help it explore its options.

The prepaid card marketer NetSpend is teaming up with PayPal in a deal that has so far been the subject of little fanfare by either company.

Higher account maintenance fees are inevitable, because basic, relatively low-balance checking accounts are simply not profitable on their own.

Bank of America is running television ads depicting a son telling the story of how family loyalty to the bank is based on his parents approaching their local B of A branch manager some 71 years ago to finance selling hot dogs from their stand on a local corner. The piece notes that the parents offered no collateral but gained the confidence of the local manager of their potential success. This story is consistent with the history of the bank going back to its founder, A.P. Giannini who consistently worked to meet the needs of small businesses in developing areas and during difficult times.

Royal Bancshares of Pennsylvania Inc. reported a third-quarter loss of $1.9 million and an impairment charge overshadowed improved credit trends.

Alan Levan, the chairman and chief executive of BankAtlantic Bancorp Inc., stated earlier this year that he was energized over his company's future. Turns out that the future involves an exit from banking.

DCB Financial Corp. in Lewis Center, Ohio, said will hire an investment bank to help it explore ways to raise capital.

I recently caught up with friends, colleagues, and customers at a large banking conference.

Only 3% of consumers would continue using their current debit card if a fee were imposed, according to the results of an online poll released Tuesday by the National Foundation for Credit Counseling.

Bank of America's decision to drop its controversial debit-card fee may have come too late to retain some accounts, as many big-bank customers have begun defecting to smaller banks in protest over various fees, according to FIS.

FNB United Corp. in Asheboro, N.C., said it completed a one-for-100 reverse stock split.