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TCF Financial has designed a new logo and launched a new marketing campaign to improve its image, which has taken a hit lately according to recent customer-satisfaction surveys.

Banks with more than $1 billion of assets are now required to report overdraft income in their call reports. Data released Wednesday reveals which banks rely most heavily on revenue from overdrafts — and which could be most vulnerable to looming changes in overdraft regulations.

Recognizing that twice as many customers use online banking as mobile banking, the San Francisco bank has invested in a redesign of its website, an area many banks have neglected of late.

Financial messaging organization Swift opened its KYC registry to fund distributors and custodians Thursday.

With the fraud liability shift approaching in October 2015 in the U.S., and credit and debit cards evolving to include chip technology, merchants should start preparing now to ensure greater security at the point-of-sale for themselves and their customers.

New servicing standards issued by the government-sponsored enterprises are unlikely to pose a hurdle for the biggest nonbank players in the market, but small servicers could find it more challenging.

he Cornerstone Credit Union League, which represents hundreds of credit unions across the states of Arkansas, Oklahoma and Texas, said its board voted unanimously to join a class action lawsuit against Home Depot in connection with a massive data breach at the retail giant late last year.

British online payments company Optimal Payments has acquired Canadian mobile platform developer FANS Entertainment for about $13 million.

The recent sniping between NCUA Chairman Debbie Matz and board member J. Mark McWatters may have garnered attention, but former board members and others suggest this could actually be a good thing for credit unions.

A visit to an overnight shipping store in Napa Valley reveals that outdated payment-processing procedures remain de rigueur with some merchants — despite the fraud risk.