More than half of B2B receivables 90 days or more overdue were written off in the U.S., Canada, Mexico and Brazil, according to a survey.

First Connecticut Bancorp in Farmington is expanding into Massachusetts.

NewBridge Bancorp in Greensboro, N.C., has created three commercial banking groups.

Hawaii National Bancshares in Honolulu is planning to buy out the holdings of its minority shareholders.

In the coming months, banks, mortgage lenders, consumer advocates and policy wonks will be slicing and dicing the latest Home Mortgage Disclosure Act data, as they do every year. Rarely, if ever, have the stakes been higher.

Wal-Mart Stores Inc. (WMT) reached a deal with prepaid-card firm Green Dot Corp. (GDOT) to offer checking accounts to the retailer's customers, building on an expansion into financial services that U.S. banks have sought to block.

Fifth Third Bancorp has combined several business divisions into a new unit focused on payments, as the Cincinnati company continues its gradual exit from its former payments unit, Vantiv.

A pair of banking companies announced plans to consolidate their community bank brands.

Kabbage will offer online personal loans starting this week as it expands its product lineup and tries to compete head-on with the likes of Lending Club and Prosper Marketplace.

Webster Financial in Waterbury, Conn., has agreed to buy JPMorgan Chase's health savings account business.

WASHINGTON — The Consumer Financial Protection Bureau has agreed to ramp up its security policies on data collection in response to a recent Government Accountability Office report that raised nearly a dozen recommendations on the topic.

The $578 million-asset company said in a press release Tuesday that it had hired Anthony Weagley as its president and CEO. He will have the same roles at Malvern’s bank.

Sunflower Financial in Salina, Kan., is poised to strengthen its presence in Denver.

Bank of Texas in Houston has hired a Bank of America veteran to lead its Houston operations.

In a speech Tuesday, U.S. Bank Chief Executive Officer Richard Davis also offered mostly upbeat views about the evolving, more stringent expectations of bank regulators.

Esther George, president of the Kansas City Fed, highlighted the shortcomings of banking regulation, especially as applied to community banks, and said the "pendulum has swung too far" on consumer protection.

BB&T's smaller competitors are convinced the Winston-Salem bank is moving the decision-making on commercial loan applications to its headquarters. They say they've been able to steal customers from BB&T as borrowers are frustrated with the red tape. BB&T's president denies this and says it's as committed to community banking as always.

PayPal's making moves to respond to the maturation of virtual currencies, entering into agreements with Bitcoin payment processors BitPay, Coinbase and GoGoin.

A debt collection operation that used fake names and threatened consumers into paying debts they often did not owe can no longer perform any collection work under a settlement with the Federal Trade Commission.

BBCN Bancorp in Los Angeles has signed a memorandum of understanding with the city of Seoul aimed at expanding the bank's business in South Korea.