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There are no easy fixes to Nationstar's myriad problems — including a plunging stock price and increased regulatory scrutiny — but Chief Executive Jay Bray says the turnaround starts with a commitment to improving customer service.

Mobile ticketing and payment provider Masabi has received $12 million in funding from various investors, including MasterCard.

Merchant cash advance (MCA) is a common form of alternative lending that many ISOs and agents offer to supplement their income.

Most credit unions lack the resource heft of the larger banks that are pursuing their own mobile payment projects, but they aren't left empty-handed.

Banks have a lot of work to do to modernize branches and keep their technology on par with other businesses' digital tools. Here are some ideas worth borrowing from retailers, restaurants and consumer electronics makers if banks haven't adopted them already, says appointment-software firm Financial Management Solutions.

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The $641 million-asset mutual thrift promoted Scott Cote to chairman, according to a Friday news release.

The $3.2 billion-asset mutual thrift will close offices in Howland, Farmington, Hartland and East Millinocket, Maine. The proposed closings require regulatory approval.