Visa Inc. has hired Gavin Krugel to work on its global mobile team, in an effort to reach unbanked consumers in developing economies.

American Banker editors Rob Blackwell and Maria Aspan discuss one of Dodd-Frank's most controversial components.

Citing strong execution across each of its businesses, Global Payments Inc. on Oct. 4 reported fiscal first-quarter revenue of $542.8 million, up 23.3% from $440.1 million during the same period last year.

The online book store's line of tablets could help shepherd older customers into online banking and offer an ad platform, but there's a downside.

A 15% annual rate of growth in commercial lending at big banks helped absorb surging deposits, according to preliminary data. But loan growth was weak at small banks, leaving bulges in holdings of cash and securities alone.

PHOENIX, N.Y. – Liverpool FCU is taking over Empower FCU’s student-run operations at John Birdlebough High School here.

CHARLESTON, S.C. – The brief failure of two air conditioning systems responsible for keeping a computer network in Summerville from overheating took Heritage Trust FCU’s ATMs offline Saturday morning.

When the profits and losses of the debit card unit suffer as regulation clips revenues, the banks increase fees, discouraging debit card usage. Any pretense to customer focus goes out the window.

According to new market share data released by the Federal Deposit Insurance Corp. Tuesday, banks and thrifts with $10 billion or more of assets controlled 72% of the nation's bank deposits at June 30, up from 70% at the same time last year and 68.5% in 2008.

Select Bank & Trust Co. in Greenville, N.C., said Tuesday it will acquire Gibsonville Community Bank from Bank of Atlanta.

Bank of America Corp.'s plans to charge its customers for using debit cards will help boost the bank's credit card business, according to U.S. Sen. Dick Durbin, D-Ill.

Banks have had a hard time gaining much more business from "mass affluent" customers, who generally have between $50,000 and $1 million in investable assets. But now Bank of America Corp. and others are hoping to succeed where their rivals have stumbled.

In hinting that the consumer bureau should look at B of A's $5 debit card fee, Obama has solidified bankers' worst fears about the CFPB.

Word that a banking pool had returned its money to investors prompted our assistant managing editor to take a second look at the state of banking. The answers are discomforting.

All of the bank-bashing I've witnessed in recent months has me reflecting on one of my favorite Buffett lines. I'm talking about Jimmy, not Warren.

Lack of contactless payment technology in the iPhone 4S expected to depress prospects for the NFC-enabled phone market and therefore the overall prospects for mobile payments this year.

Texas Exchange Bank in Crowley, Texas, said Tuesday that it had expanded into two cities to meet an increasing demand for commercial loans.

Tennessee Valley Financial Holdings Inc. in Oak Ridge agreed to serve as a source of strength to its $173.3 million-asset TNBank, which has been operating under a consent order with it regulators since April 21.

Many bankers believe issues with classified loans are limiting them from making loans or pursuing acquisitions.

Federal Reserve governor Sarah Bloom Raskin on Tuesday pressed for changes in mortgage servicing agreements to encourage more workouts of troubled loans.