Cloud-based core vendor Nymbus announced Monday it has completed a $12 million financing round.

Old Dominion National Bank in McLean, Va., has hired Stephanie Lykins-Harvey, formerly of Cardinal Bank in McLean, as director of retail banking.

Citigroup lost a big technology executive last week and hired another from JPMorgan Chase. Then word surfaced that JPMorgan had decided to replace that exec anyway and a successor was ready to go. It all shows scoring top digital talent has become vital to the largest banks as mobile becomes their future.

The $1.1 billion-asset bank said in a press release Monday that it appointed Ron Coben to become its interim chief executive, succeeding Jeffrey Wilkinson, who resigned "to pursue his next entrepreneurial challenge.

Diebold Inc. has completed its $1.8 billion deal to acquire Wincor Nixdorf, becoming the world’s largest maker of ATMs.

Longtime JPMorgan Chase veteran Bill Wallace is set to become digital chief for its consumer bank.

Gavin Michael, head of digital banking for JPMorgan Chase's retail unit, is moving to Citigroup.

Possible bad outcomes from the slowdown in bank chartering include less financial access in rural areas and further concentration of industry assets in just a few large banks.

Avant, an online consumer lender based in Chicago, is shoring up its funding base with a pair of new transactions.

HSBC has hired Anthony Glover, a veteran of JPMorgan Chase and American Express, to be its head of retail banking in the U.S., a newly created position.

Basel III could deal some serious blows to capital levels at First NBC Bank in New Orleans. The big question is how large will the issue become over the next two years.

PNC Financial Services Group has expanded its support of mobile wallets to Microsoft devices.

Sterling Bancorp in Montebello, N.Y., has sold its mortgage business to Freedom Mortgage of Mount Laurel, N.J., for an undisclosed price.

The $58 million-asset company said in a press release Monday that Stephen Taylor, chairman and chief executive of Taylor Asset Management in Chicago, is leading a $6 million investment in its Neighborhood National Bank, effectively doubling its capital.

More than a dozen CUs closed or partially closed as state grapples with floods.

Alamogordo Financial in New Mexico has kicked into gear its plans to convert from a mutual to a fully shareholder-owned company.

The Federal Deposit Insurance Corp. has downgraded the Community Reinvestment Act rating for BancorpSouth in Tupelo, Miss.

Investors Bancorp in Short Hills, N.J., has joined the ranks of banks flagged by regulators for Bank Secrecy Act issues.