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.

The Federal Reserve has reached a written agreement with Princeton National Bancorp Inc. in Princeton, Ill.

A new rebate program from UniRush is the latest attempt by a prepaid card marketer to make its product as sticky as a bank account without generating a backlash from its fee-sensitive audience.

Wells Fargo is consolidating some of its wealth-management operations into a new unit, in an effort to get its hands on more of its clients' money.

Bank of New York Mellon Corp. the trustee that reached an $8.5 billion settlement for investors with Bank of America Corp., is requesting an appeal on a ruling that put the settlement in federal court.

U.S. prosecutors sued Houston-based home-lender Allied Home Mortgage Capital Corp. and two executives for alleged fraudulent lending practices related to hundreds of millions of dollars in government-backed mortgages.

German American Bancorp Inc. in Jasper, Ind., reported Tuesday third-quarter earnings of $5.2 million, up about 44% from a year ago, due to increased noninterest income and reduced operating expenses.

The foreclosure review process mandated by a federal consent order is turning out to be far more punitive and costly than banks and mortgage servicers initially thought, industry sources say.

Bank of America is dropping its plan to charge customers $5 a month for making purchases with their debit cards, said a person familiar with the situation. SunTrust and Regions Financial also said Monday they will stop charging customers for debit-card transactions.