California

Over half of Americans blame Target and Neiman Marcus for the recent data breaches suffered by their customers and think merchants should prevent future incidents, according to a national survey commissioned by Feedzai.

Cybersecurity firm Trustwave has acquired Cenzic, a company that helps organizations test their applications' vulnerability to hacker attacks.

First Republic Bank (FRC) in San Francisco is planning to sell more than 3.5 million shares of common stock.

A lawsuit alleges that Democratic Gov. Jerry Brown violated state law by diverting hundreds of millions of dollars from the national mortgage settlement into California's general fund.

Third Federal Savings and Loan in Cleveland is planning to expand its residential lending into several additional states.

Credit Karma has raised $85 million in equity funds from Google Capital and existing investors Tiger Global, Ribbit Capital and Susquehanna Growth Equity.

Community West Bancshares (CWBC) in Goleta, Calif., has been freed from a written agreement with the Federal Reserve Bank of San Francisco.

The $3.7 billion-asset company filed a registration form with the Federal Deposit Insurance Corp. on March 10 for an initial public offering.

Heritage Oaks (HEOP) in Paso Robles, Calif., has hired a new chief financial officer.

1st Capital Bank (FISB) in Monterey, Calif., has hired Michael Winiarski as its new chief financial officer.

The Federal Reserve Board has lifted enforcement actions against four financial companies.

MOUNTAIN VIEW, Calif. -- The Target Corp. data breach, estimated to have cost credit unions at least $30 million so far, is doing much more than lightening CUs' wallets -- it's changing the way they approach fraud prevention and increasing attention on EMV.

Business Partners, a credit union service organization in Northridge, Calif., has named financial services veteran Pamella Easley as its president and chief executive officer.

Business Partners, a credit union service organization in Northridge, Calif., has named financial services veteran Pamella Easley as its president and chief executive officer.

The increased scrutiny, mortgage bankers complain, would end recent attempts to provide home loans to borrowers with weaker credit, something the FHA has been trying to spur for years.

Citadel EFT, a credit card processing firm, announced this week that it is exploring ways to allow state-licensed marijuana businesses to accept electronic payments from their customers.

Community West Bancshares in Goleta, Calif., has promoted Michael Phlaum to executive vice president and chief operating officer of its bank unit.

Citadel EFT, a credit card processing firm, announced Tuesday that it is exploring ways to allow state-licensed marijuana businesses to accept electronic payments from their customers.

Union Bank in San Francisco and its Japanese parent company plan a series of changes to its corporate names and structure, all in response to the Federal Reserve Board's plan to overhaul the way it supervises foreign banks.

The founder of Pacific Commerce Bank (PFCI), Kenneth Kasamatsu, will retire at the beginning of April to pursue other interests.