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Europe's Payment Services Directive, or PSD2, has almost everything a technology vendor would want. It affects an entire continent, and it involves both sweeping new data requirements and a substantial IT revamp for large financial institutions.

PayByPhone will add Apple Pay as a payment option for U.K. drivers later this year, as competition in the fast-growing market for mobile payment apps intensifies.

Growth in commercial real estate loans is a big reason the New Jersey bank had a strong quarter.

State Street won $110 billion of new asset-servicing business in the quarter.

The Greenwood, Village, Colo.-based credit union was sued by Denver Metro Fair Housing Center over alleged discrimination against women on maternity leave.

The New York company also reported a wider net interest margin and lower noninterest expenses.

Profits at the Dallas lender plunged as it slashed originations and edged up the credit spectrum.

Northwest, which produced lackuster first-quarter results, said it will close all 44 offices of Northwest Consumer Discount Co. by mid-July. The unit’s loans will be transferred to Northwest’s bank for servicing and collections.

Allyson Morrow named presiding officer, Jim Minge appointed by Texas governor.

The North American subsidiary of Germany’s Wirecard AG is providing the technology behind a prepaid Visa card that distributes cash rewards to blood donors.

The Georgia company invested in HCSB Financial's recapitalization a year before agreeing to buy the coastal South Carolina bank. Doing so allowed United to stay to close to HCSB and its board, which helped when the time came to discuss a deal.

Christy Romero, the special inspector general for the Troubled Asset Relief Program, and two other government entities were involved in a probe that led Lamar Cox, former chief operating officer at Tennessee Commerce Bank, to plead guilty to misleading the FDIC.

The West Virginia company sold the mortgages to Residential Funding and ResCap Liquidating Trust between 2003 and 2007.

Merger-related expenses cut into the Pittsburgh company's earnings, though management is excited about growth opportunities in North Carolina.

Oregon-based CU increased its loan portfolio by $17.5 million.

The Florida company relied on loan growth and loan sales to offset higher expenses and ongoing issues in its taxi medallion lending operations.

Sierra will pay $36 million for the parent of the $257 million-asset Ojai Community Bank in a deal that should close by the end of this year.

The California company's credit issues eased some in the first quarter, though earnings were down from a year earlier due to charges tied to cost cutting and reductions in three loan categories.

Visa is learning that it its reunification with Visa Europe last summer came at a very good time.

The Atlanta company's profits rose on stronger net interest income and investment banking income as well as a tax maneuver.