A wider availability of smartphones combined with more contactless acceptance at merchant locations should generate some $71 billion in near field communication mobile payments worldwide by 2015, research suggests.

After more than a year without a permanent leader, DCB Financial Corp in Lewis Center, Ohio, has named a former Huntington Bancshares Inc. executive, Ronald J. Seiffert, president and chief executive.

WASHINGTON — First International Bank in Plano, Texas, became the year's 74th failed institution late Friday.

Consumers could save upwards of $63 billion a year if Fannie Mae and Freddie Mac participate in a workable refinancing program for underwater borrowers, according to Moody's Investors Service.

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B. Riley & Co. analyst Rich Eckert thinks the government "should get out of the way" of the housing market, and discussing the potential effects of mortgage refinancing programs.

California Attorney General Kamala D. Harris pulled out Friday of state and U.S. efforts to negotiate an end to the government's investigation of alleged foreclosure abuses, calling the proposed settlement "inadequate for California homeowners."

Baltimore County Savings Bank in Baltimore said Friday that it had converted from a federally chartered stock savings bank to a Maryland-chartered commercial bank.

A Virginia mortgage lender has agreed to pay $140,000 in compensation and revise its pricing policies to settle a lawsuit alleging that it discriminated against minority borrowers, the Justice Department said Friday.

The HUD inspector general wants the Federal Housing Administration to ban corporate officers from the FHA program if they have left a company that has not met its obligations to indemnify the government for delinquent loans.

In retail banking, we look for trends: the branch of the future; the winning mobile banking platform; prepaid cards. It's harmless fun.

U.S. banks have seen delinquency rates declining for credit card borrowers in recent months, but a growing number of bankers believe that trend is going to change.

Hypercom USA announced Friday that it has changed its corporate name to Equinox Payments LLC.

The Senate Banking Committee is expected to vote next week on the nomination of Richard Corday to be the first director of the Consumer Financial Protection Bureau.

Fifth Third officials and debt-busting radio personality Dave Ramsey talk about how they scoped each other out before working together to teach kids how to dodge financial trouble.

Rock-bottom mortgage rates appear to be starting to pay off for Fannie Mae.

Codorus Valley Bancorp in York, Pa., repurchased a warrant to buy more than 260,000 it issued to the Treasury Department in 2009 as part of its participation in the Trouble Asset Relief Program.

Bond investors are turning against Ally Financial Inc., the auto and home lender majority-owned by the U.S. government, as mounting mortgage liabilities threaten its turnaround plan.

After six years in London running Barclays PLC's U.K. branch network, Deanna Oppenheimer is planning to return to the United States.