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Prosper Marketplace on Monday announced a three-year agreement to offer financing to consumers making improvements to their homes through the website HomeAdvisor.com.

The confusion over how banks categorize chargebacks has become the latest minefield in the transition to EMV chip cards in the U.S. And the sheer volume of chargebacks has forced some merchants to turn to legal action, questioning the entire migration process.

In opposing restrictions on interchange fees, the financial services industry often claims that 2011 debit swipe-fee reforms are such a huge threat to revenue that even small banks and credit unions below $10 billion in assets, which are exempt from the Dodd-Frank Act rules, feel the pinch.

Bluetooth beacons — small nightlight-sized devices that can communicate with a mobile app as shoppers move throughout a store — may have the same potential for bank branches as they do for mega-retailers like Target Corp.

The Wisconsin Department of Financial Institutions closed the $67.1 million-asset North Milwaukee State Bank on Friday.

First Interstate BancSystem in Billings, Mont., has tapped a KeyCorp executive as its new chief credit officer.

Fannie Mae and Freddie Mac gave $186 million to the National Housing Trust Fund, their first such contributions to a fund designed to provide construction and rehabilitation of rental housing for low-income families.

C1 Financial in Tampa, Fla., was unable to seize an opportunity to bring in more money for its sale to Bank of the Ozarks in Little Rock, Ark.

A left-leaning group is attacking one of the most prominent Democrats in Washington as being insufficiently tough on payday lenders. The ad shows how once-obscure financial issues are commanding a higher profile this election season.

The card brand is updating the Visa Checkout online payment platform with a new button that asks users to swipe, rather than click, to initiate a payment.