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Walker rejects sections of state budget that would expand payday lenders' authority.

Wells Fargo said second-quarter net income was little changed as rising rates have eroded Wells Fargo's dominance in the mortgage market.

Signature Bank in New York has partnered with Financial Software Solutions to expand the products and services that it offers bankruptcy trustees.

JPMorgan Chase said second-quarter profit climbed 5.2% as expenses fell. Net income advanced to $6.29 billion, or $1.54 a share, from $5.98 billion, or $1.46, a year earlier.

Wisconsin Gov. Scott Walker has vetoed sections of the state budget that would have paved the way for a major expansion of payday lenders' authority.

Biometrics are a catalyst to streamline authentication, though the technology contains a vulnerability that Payfone thinks it can solve with the SIM cards that match consumers to a computing device such as a smartphone.

Instagram, Pinterest, and Snapchat have recently started to offer or test e-commerce and payments opportunities, and online stores need to pay close attention given the potential size of the consumer base.

Regions Financial in Birmingham, Ala., said in a press release that it had absorbed Ronald F. Holehouse Agency and its team of agents. Regions did not disclose how much it paid for the insurance agency’s client accounts.

Gov. Scott Walker sided with banking and other financial groups that opposed legislation letting payday lending companies offer insurance, annuities and other financial products.