Ingenico SA struck a deal with a distributor of point of sale equipment that will help the French company expand in the United States.

The card issuer launches Facebook application to offer cardholders customized deals based on their "likes" and interests.

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Consider this analogy for a moment.

Citi plans to issue chip-based EMV credit cards later this year.

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Fear, uncertainty and doubt prevent most U.S. banks from daring to replace their aged core systems today. But Vancouver-based North Shore Credit Union experienced few hiccups and overall happiness with a new core from Temenos.

With the administration choosing someone to lead the Consumer Financial Protection Bureau who may draw more GOP opposition than Elizabeth Warren, some insiders speculated the White House may be open to compromise over the bureau's structure to win confirmation for Richard Cordray.

The Los Angeles company is now telling investors it may scale back its ambitions and raise only what it needs to complete its acquisition of rival Center Financial Corp.

A trio of Colorado congressmen — Ed Perlmutter, Mike Coffman and Scott Tipton — are sponsoring the Capital Access for Main Street Act.

Aptys has upgraded a program to make it easier for banks to use the Federal Reserve's same-day settlement service for ACH payments.

Continuing its rapid expansion in Massachusetts, People's United Bank in Bridgeport, Conn., announced Monday that it has opened three more branches in and around Boston.

Eagle Bancorp Inc. in Bethesda, Md., said last week that it has received a $56.6 million investment from Treasury and that it will use about $23.2 million of that to repay the remaining balance on a loan it received from the Troubled Asset Relief Program.

Driven by improved asset quality and a widening net interest margin, PacWest Bancorp in Los Angeles reported a profit of $12.8 million in the second quarter, nearly five times what it earned in the same period last year.

Prepaid card issuer MetaBank will pay $4.8 million to customers under an order from regulators, in the latest fallout from a discontinued high-interest, small-balance loan product.

In addition to leading the commercial card unit, Andrew Pilkington will serve as interim principal officer for the Canadian branch of JPMorgan Chase Bank and president of JPMorgan Bank Canada.

ALBANY, N.Y.-SEFCU has experienced double-digit member growth over the last two years and credits its presence on college campuses for much of the succsess. So when a local bank recently gave up its office at Rensselaer Polytechnic Institute, the credit union moved to scoop it up.

MGIC Investment Corp. swung to a second-quarter loss as the private-mortgage insurer reported it incurred sharply higher losses on mortgages it insures.

BETHPAGE, N.Y. – Bethpage FCU plans to open two Long Island branches later this year and three to five the following year.