Carver Bancorp in New York will likely report a loss for fiscal-year 2015 after restating its results. The company disclosed in a regulatory filing that the error is tied to the accrual of expenses related to invoices paid to its core system service provider.

PacWest Bancorp in Los Angeles reported lower quarterly profit as higher expenses offset gains from fees and loan growth.

The hit smartphone game Pokemon Go taught banks a lesson in mobile strategy this week: gamify it.

The Consumer Financial Protection Bureau is expected to unveil a proposal on July 28 that would regulate debt collection practices.

The San Francisco bank reported a 17% drop in mortgage fee income during the second quarter as other lenders made inroads by refinancing its customers.

FIS is working with ATM processing and services provider Payment Alliance International to expand its Cardless Cash program nationally.

Walmart Pay is the culmination of years of efforts that Walmart has put into building its brand as a trusted provider of payments. In addition to its new mobile wallet, Walmart has been involved in numerous innovative projects to help its customers move money.

Risk management is not limited to assessing potential successes and failures of everyday business. Strategic risk management is just as important.

Wells Fargo & Co., the world's most valuable bank, posted second-quarter profit that matched analysts' estimates as the firm increased loans and collected more fees from credit cards.

Citigroup Inc. said second-quarter profit fell 17 percent on lower revenue from consumer banking, beating analysts' estimates as fixed-income trading rebounded and the firm dedicated less money to soured loans.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

JPMorgan Chase reported a 5% increase year-over-year in its second-quarter mortgage banking revenue even though its loan origination volume fell by 15%.

The $1.5 billion-asset Equity said in a press release Thursday that it will pay $68.8 million in cash and stock for the $475 million-asset parent of Community First Bank.

The U.K.'s mobile-first Starling Bank has received a banking license from the Financial Conduct Authority and Prudential Regulation Authority.

JPMorgan posted strong gains in consumer deposits and mobile users, and other big banks are expected to do the same. It could be a sign that megabanks are indeed stealing market share from regional and community banks.

Santander Bank will pay a $10 million fine for charging illegal overdraft fees and for signing up consumers for overdraft services without their consent, the Consumer Financial Protection Bureau said Thursday.

Citibank is offering surcharge-free ATM access to the customers of 16 credit unions and minority-owned banks in six cities.

Lobbyists for the credit union industry are decrying a proposal to limit forced arbitration clauses despite ample evidence that credit unions don’t use such clauses in the first place.

That’s the message that two funds have for directors of Commonwealth Business Bank in Los Angeles.

Loans tied to franchises were often an area of concern for banks before the financial crisis. Industry growth, improved credit metrics and a need to diversify commercial loan portfolios are prompting several banks to take a second look at the business.