Concerns over Bank of America Corp.'s capital levels took front and center during the bank's conference call with analysts discussing second-quarter results Tuesday.

Isis, the mobile carrier-led mobile payments venture that initially planned to compete against incumbent payment networks, now says it has formed relationships with them.

AmeriServ Financial Inc. in Johnstown, Pa., said that its second-quarter earnings increased by more than 300%, to $1.9 million, from the same period last year because it did not have to set aside any funds for loan losses.

Mercantile Bank reported second-quarter earnings of $2.4 million, compared to a reported loss of $700,000 a year earlier, driven largely by a reduction in credit costs.

Jones Bancshares LP agreed to serve as a source of strength to its $405.1 million-asset PrimeSouth Bank in Blackshear, which has been operating under a consent order from the Federal Deposit Insurancce Corp. since Jan. 31.

First Financial Holdings Inc. in Charleston, S.C., is looking to unload $155 million of mostly troubled real estate loans by the end of 2011.

First BanCorp in San Juan, P.R., has increased the maximum amount of its planned capital raise from $550 million to more than $562 million.

Electronic invoicing companies Transactis and Data Impact said Tuesday that they merged operations.

Bank of Hawaii in Honolulu has agreed to pay $9 million to settle a class-action lawsuit in which it was accused of improperly charging overdraft fees on debit card transactions.

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.