Ocwen Financial (OCN) in Atlanta has hired a mortgage industry veteran to fill a new position for government and community relations.

Square is taking a bigger bite at the small-business market by offering flat-fee processing to merchants, furthering efforts to present itself as a more full-featured option for card acceptance.

The troubled Royal Bank of Scotland is reluctant to sell its profitable Citizens Financial Group unit in the U.S., so investment bankers and others are urging it to sell its branches in two markets, Chicago and Detroit, where it is a relatively minor player.

We don't need and shouldn't have one-size-fits-all regulatory policies. Community banks are different from their larger U.S. counterparts.

The Federal Reserve Board has entered into a written agreement with PNBK Sponsor that requires the Stamford, Conn., company to serve as a source of strength to its bank.

Ellie Mae's survey found that community banks still have some concerns about regulation and compliance costs. Still, they expect that a decline in competition could be good for overall business.

Banking policy wonks might want to disengage from their sober debate about vice presidential nominee's views on Dodd-Frank and GSEs and check out the social-media phenomenon that Ryan gags have become.

Shares of United Bancorp (UBCP) fell sharply Thursday after the Martins Ferry, Ohio, company announced that it was cutting its quarterly dividend in half in order to preserve capital.

The Treasury Department will sell $381.5 million of preferred shares in M&T, paying the last of the Buffalo bank's Tarp tab.

Square is giving small merchants more flexibility in how they pay for credit-card transactions, increasing competition with PayPal's rival card reader.

Angry investors say the card giant's reputation has been sullied by claims that it has used deceptive methods to sign consumers up for payment and identity theft protection.

A $1.7 billion portfolio of non- performing, federally insured home loans will be offered for sale at auction next month as the government seeks to reduce losses from mounting foreclosures.

Banks have been talking for years about using plain language in their disclosure notices, but only recently have they started to take action.

A new joint venture between retailers and banks takes aim at PayPal, Google Wallet and Isis.

Old National Bancorp (ONB) in Evansville, Ind., will sell or close 27 branches as part of ongoing efforts to cut costs.

Bank of America said it hasn't yet refinanced a "significant number" of loans as part of the industry's $25 billion settlement of foreclosure abuses.

Wells Fargo (WFC) has formed a group dedicated to serving residential developer customers on the East Coast, Texas and in the Midwest.

In a plan to develop a mobile wallet of their own, a joint venture of retailers — including Wal-Mart and Target — is working with banks to provide a merchant-friendly alternative to Isis, PayPal and Google Wallet.

The Office of the Comptroller of the Currency has lifted a regulatory order against Alaska Pacific Bancshares (AKPB) in Juneau.