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A federal appeals court has dealt the retail sector a setback in the ongoing fight over surcharges on credit card purchases.

A federal appeals court has dealt the retail sector a setback in the ongoing fight over surcharges on credit card purchases.

The League of Southeastern Credit Unions & Affiliates (LSCU) and the New York Credit Union Association (NYCUA) on Tuesday said they have signed a letter of intent to combine many of their operations into a jointly owned subsidiary that will house all of their back office functions.

Two new apps, Penny and Sense, highlight customers' most pressing and interesting financial information without making them search for it. The apps, inspired by Google Now, come as banks worldwide try to provide more sophisticated mobile features.

Deluxe Corp. is buying data services firm Datamyx LLC from Halyard Capital for $160 million in cash.

A federal appeals court has dealt the retail sector a setback in the ongoing fight over surcharges on credit card purchases.

There was a time when IT was seen strictly as a support function. Today, it is so interwoven into nearly every aspect of running a credit union, that it’s increasingly common to see a stint in the server room on the resume of the person who is now running the whole operation from the corner office.

Presidential candidates shouldn’t rely on crowd-pleasing gimmicks or trick plays to reform the banking system, but the execution of the basics. This means focusing on the time-tested risk-return tradeoff and restructuring our existing deposit insurance system to be truly risk based.

David H. Stevens, the Mortgage Bankers Association's president, pledged to "shine an aggressive spotlight on abusive enforcement" at the trade group's annual gathering, specifically calling out the Department of Justice.

The government's spotlight on servicing problems means companies should be taking steps now in the face of regulators' current enforcement authority and the potential of coming rules.