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Samaha Associates, a consulting group for financial institutions, announced that Fort Bragg Federal Credit Union and SkyOne Federal Credit Union sought out its services to find a way to ensure that their respective electronic funds transfer (EFT) systems are optimized, efficient and meet regulatory standards.

Flagstar Bancorp in Troy, Mich., said its fourth-quarter profit rose 20% to $33 million from a year earlier as its lending rose by nearly half and its expenses fell.

The agency is expected on Wednesday to release the list of credit unions that missed the Call Report filing deadline on Jan. 22. Though the number of late filers has decreased significantly since NCUA first started imposing fines, some concerns about scheduling Call Reports have been raised.

U.S. banks are no longer barred from providing financing when American companies export certain products to Cuba, according to revised regulations from the Obama administration.

Retailers often worry that their customers won't return after a breach, but as logical as this expectation is, it may be far from the truth.

Prepaid Financial Services, a provider of e-money and banking solutions, is rolling out a government-sponsored prepaid card program for refugees and asylum seekers in Europe.

Customers Bancorp in Wyomissing, Pa., plans to raise $24 million in an offering of its preferred stock on the New York Stock Exchange.

Visa Europe, the payments network in the process of being bought by former parentVisa Inc., said revenue jumped 25 percent to a record 2.31 billion euros ($2.5 billion) in the year through June as more customers turned to alternative payment methods.

A racketeering lawsuit against Sherman Financial Group, one of the country's largest debt buyers, can't move forward as a class action, a federal judge in Indianapolis has ruled.

ServisFirst Bancshares in Birmingham, Ala., has entered the Florida’s Tampa Bay area after hiring the former chief executive of Bay Cities Bank.