The ATM Industry Association named Gregory Sahrmann and Steve Gernes as co-chairs of the nonprofit trade association's U.S. board of directors.

Bitcoin exchange Mt. Gox said customers can take out cash "as normal" and it's working to resolve technical issues that prompted it to halt withdrawals of the digital currency.

The payment system is unexpectedly the center of attention in the financial services policy world after spending years being overshadowed by the financial crisis and other pressing issues.

Regulatory intervention throws a monkey wrench into a mortgage servicer's growth plans -- and calls into question whether there are enough nonbanks to absorb all the servicing banks want to sell.

The Russian government has outlawed the use of Bitcoin.

Horizon Bancorp (HBNC) in Michigan City, Ind., has agreed to buy the assets of 1st Mortgage of Indiana in Indianapolis.

Former Consumer Financial Protection Bureau boss Raj Date is lining up a seasoned team of banking executives to try to revive the subprime credit card market. For the banks his firm is seeking to partner with, the question is whether the potential profits justify the risks. American Banker staffers discuss.

While waiting for regulators to fully understand the effects, small banks should proactively take measures to prepare themselves from the Volcker rule, just like their larger counterparts.

Barclays Plc (BARC), the U.K.'s second-largest bank by assets, is speaking with regulators, customers and British authorities about a possible criminal leak of client account information.

Pioneer Bancshares in Dripping Springs, Texas, has agreed to buy the holding company of Union State Bank in Kerrville, Texas.

First Mariner Bancorp (FMAR) in Baltimore is planning a $100 million recapitalization of its bank led by a group of investors.

CUNA is confirming what several analysts have already told Credit Union Journal: that NCUA's proposed new risk-based capital rule will cost many credit unions a lot more to maintain healthy capital cushions needed for growth-in fact, a net $7.3 billion more.

Moody's Analytics is seeking to help banks manage interest rate risk and determine how different economic shocks would affect their credit portfolios.

The U.S. Postal Service offering financial services to the underserved would be a great idea. If the U.S. Postal Service weren't, you know, the U.S. Postal Service.

Encore Capital Group Inc., a large U.S.-based debt buyer, announced Monday that it will acquire UK-based debt buyer Marlin Financial Services for approximately $481 million through Cabot Credit Management, a UK subsidiary of Encore acquired last year.

Every couple weeks a new group of mainstream merchants and payments providers begins accepting Bitcoin, the popular and often controversial digital currency.

DBA International elected Bryan Faliero as president during the association’s annual conference last week.

Allan Hosack joined the $1.9 billion-asset Waterstone after a decade at BMO Financial Group (BMO) and predecessor, Marshall & Ilsley.

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