Merchants frustrated with the complexities of their monthly credit card transaction statements ought to consider having an analyst review them to avoid overcharges, a payments processor executive says.

Freddie Mac purchased $21.7 billion of mortgages from its seller/servicers in July, its worst acquisition month of the year and only about half of what it bought in January.

Warren Buffett's $5 billion public vote of confidence in Bank of America, happily for him, does not require actual confidence.

Sales of homes that were in some stage of foreclosure or repossessed accounted for 31% of home sales in the second quarter, a slight decline from the first quarter, according to figures released Thursday by RealtyTrac Inc.

PSM Holdings Inc. of Roswell, N.M., has agreed to buy Iowa Mortgage Professionals Inc., a lender and brokerage based in Des Moines.

Twenty years ago I engineered the sale of Security Pacific Bank, at the time the nation's fifth largest bank, to Bank of America. On August 12, 1991, the day the deal was announced BofA's stock closed at $10.00. Today it closed at $7.65 a decline of 23% over the past two decades.

Community banks don't typically lead the high-concept branch pack, but this Maine bank is experimenting with new cash recycling equipment and self-service kiosks.

First Busey Corp. in Champaign, Ill., has received $72.6 million from the Small Business Lending Fund, the largest award to date since the Treasury Department began disbursing funds to community banks last month.

Citigroup Inc. may just be the world's most bootylicious bank after offering its credit card customers exclusive Beyonce music content and concert tickets.

Clark Street Capital has spent the last few years helping struggling banks shed problem assets. Now it wants to help banks comply with enforcement actions.

Any broad new plan to refinance mortgages would hold considerable appeal to the Obama administration, and might raise fewer objections than earlier plans did.

The New York Stock Exchange has warned Flagstar Bancorp Inc. that its stock is in danger of being delisted because it has traded at an average of less than $1 for 30 consecutive days.

Steve Jobs' resignation raises further uncertainty over Apple's payment plan intentions, but Apple patents themselves provide some clues as to where the company may be going.

Lydian Private Bank's failure proved to skeptics that the private banking model is a toxic mix for banks.

ACI Worldwide is increasing the cash portion of its unsolicited offer to buy S1 in light of recent stock market volatility, and as the two companies continue to squabble over competing acquisition proposals.

On Thursday, the Fed published written agreements struck earlier this month with the $119 million-asset Texas Bancshares Inc. in Snyder, Texas, and the $169 million-asset Flagship Financial Group Inc. in Eden Prairie, Minn.

A move toward EMV in the U.S. has not dissuaded the European startup from offering an iPad-compatible mobile card reader in the States that will accept magnetic stripe cards for payment.

Broadway Financial in Los Angeles is planning to close two of its five branches as part of a broader plan to trim overhead and preserve capital.

Steve Jobs' resignation as Apple Computer's chief executive may prove a mixed bag—but a critically important one—for banks.

ALEXANDRIA, Va. – NCUA approved a deal allowing a federal credit union to form a CUSO to buy its office building, then lease back a majority of the facility to the credit union while leasing the rest to outside entities.