The emergence of several new prepaid debit card programs and growing national distribution of major prepaid card brands is helping to generate marketplace interest in buying and selling prepaid card portfolios.

Just how hungry is Ocwen Financial Corp. for servicing rights? In a new filing with the Securities and Exchange Commission the nonbank servicer discloses that it is currently reviewing $300 billion of MSRs for purchase.

ACI Worldwide reported on Tuesday that income for the fourth-quarter was $23.9 million, down 11.8% from a year earlier, as revenue declined.

Memorial services were held in Charlotte Monday for Thomas Storrs, the former chairman and chief executive of North Carolina National Bank who laid the groundwork for today's Bank of America Corp.

Breakdown of M&A announcements for latest week

Senior Fed officials met Monday in a closed session on Capital One Financial Corp.'s pending acquisition of the U.S. online banking unit of ING Group but did not make a decision. It had delayed a meeting on the deal last week.

Fidelity National Information Services said Monday that its fourth-quarter income, boosted by its international and financial solutions businesses, rose 5.8% to $117 million from the same period a year earlier.

First Virginia Community Bank in Fairfax has raised $6.7 million in capital from old and new investors and intends to use the proceeds to continue its rapid growth.

InComm announced Monday that it bought Medagate, a health care benefits services company.

Centennial Bank in Denver is adding a new branch in Boulder as part of a broad strategy to establish a presence in some of the state's key banking markets.

With problem real estate loans continuing to pile up, Western Liberty Bancorp in Las Vegas announced Monday that it lost $2.4 million in the fourth quarter and $14.2 million for the full year.

The Office of the Comptroller of the Currency closed two Midwestern banks Friday, bringing the failure tally so far this year to nine. The Federal Deposit Insurance Corp., as the receiver of the failed national banks, was able to find other institutions to resolve the failures.

About half of the deals in January were in the Midwest, and there have been a few more since — but some key ingredients for "the wave" are missing.

First Financial Service Corp. in Elizabethtown, Ky., said it had a new chairman and that its chief executive will step down for health reasons.

After 100 years of having a federal charter, Frost says new reform law has increased the value of state regulation.

Hana Financial Group of Seoul, South Korea, has agreed to buy newly issued shares of common stock, and a 51% ownership interest, in Saehan Bancorp in Los Angeles.

Massachusetts' top securities regulator has asked Bank of America to turn over documents related to two collateralized loan obligations.

The Texas Bankers Association is irked about the National Credit Union Administration's decision to infuse $60 million into the otherwise insolvent Texans Credit Union.

The private banking arm of KeyCorp in Cleveland has established a Delaware trust company and hired two veterans from competitors to help run it.

Royal Bank of Scotland will start winding down parts of its equity capital markets and cash equities business, staff were told this morning by global head of equities Frank McKirgan.