Some community banks stick with rigid or outdated policies out of habit. That winds up hurting them when customers take their business to financial institutions that use technology to make transactions more convenient.

The Federal Communications Commission fined Travel Club Marketing $2.96 million in what the agency is calling the largest robocall punishment to date.

Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA, Spain's top two banks, said last month they'd start charging non-customers about 2 euros ($2.19) a time to use their ATMs, joining CaixaBank SA, the third-biggest bank, which began levying the fee in March.

The longer the CFPB waits to implement tighter regulations for the payday lending industry, the more Americans will find themselves trapped in a cycle of unaffordable debt.

Fidelity National Information Services, a provider of banking and payments technology, agreed to buy software maker SunGard Data Systems in a deal valued at $9.1 billion, including the assumption of debt.

There are many concerning aspects of the Consumer Financial Protection Bureau's methods, not the least of which include its proclivity to regulate via enforcement and its reliance on overly broad and ambiguous languageto support its activities.

United Bancshares in Columbus Grove, Ohio, said its chief financial officer, Diana Engelhardt, has decided to resign.

Presidio Bank in San Francisco has named Larry Nibbi, a minority owner of the San Francisco Giants, to its board.

First Northwest Bancorp in Port Angeles, Wash., lowered its previously reported results for its recently completed fiscal year because of an accounting error.

The relationship between banks and private equity has been tense at times, but the aid PE firms are supplying to struggling energy firms could limit the losses suffered by lenders.

Shareholders of Lenox National Bank have approved a deal to sell the institution to its western Massachusetts neighbor Adams Community Bank.

Many payment companies are hosting hackathons to attract developer talent from outside their own ranks; MasterCard found that its own people are just as eager to bring their ideas to life.

Anthony Murgio, who is accused of running a Bitcoin exchange that laundered money and who has been linked to one of the largest bank hacks in U.S. history, can remain free on $100,000 bail.

Debt collection giant PRA Group reported growth in revenue, net income and cash collections for the second quarter.

Ocwen Financial's internal review group is "independent," and the Atlanta servicer is in compliance with the national mortgage settlement, settlement monitor Joseph A. Smith said Tuesday.

The appetite for credit unions to offer mortgage loans appears to be greater than other financial institutions, according to new TransUnion research.

The financial services industry is engaged in a rousing discussion about credit scoring with alternative data.

The acquisition of Yodlee, considered PFM's pioneering firm, would cement Envestnet's capability to serve an emerging demand for data aggregation and leveraging data insights and behavioral science in wealth management.

The Office of the Comptroller of the Currency is trying to "supercharge" its process for reviewing financial innovations in an effort to keep pace with a glut of new products inside and outside the banking system.

Chicago-based Envestnet will pay $660 million in cash and stock for Yodlee, a California firm that sells data-aggregation services to banks and others.