Credit quality may have stabilized, but banks are boosting reserves after signaling plans to lower them. Concerns over the economy, growth plans and regulatory intervention all seem to be playing a role in the reversals.

MasterCard is short on details for plans to beef up share in the debit card space on its third-quarter earnings call with analysts. The network posted strong earnings and revenue gains despite a sluggish economy.

Raj Date, the interim head of the Consumer Financial Protection Bureau, faced pointed questions and criticisms from Republicans in his first appearance before Congress since taking over for Elizabeth Warren last August.

The Johnson family, which also controls S.C. Johnson & Son Inc., pumped $235 million into Johnson Financial after efforts to bring in outside funds were unsuccessful.

Bank technology provider Fiserv has positioned itself for a wave of growth in electronic payments. It expects its recently purchased CashEdge and related business lines to balloon in the coming years.

American Express said it will provide prepaid campus ID cards to University of North Florida students. The product is Amex's first prepaid campus ID Card.

The FDIC tries to stay clear of being the agency that closes a bank's doors. But working behind the scenes to guard its insurance fund, the agency is often significantly involved in the decision of when to fail an institution.

The industry needs to find its way to a future in which the president isn't complaining and the Wall Street occupiers go home and disenchanted customers are content.

While saving money and paying debts can be its own reward, Bank of the West is taking the added step of offering potential prizes to consumers who reduce outstanding credit or boost savings.

Banks and financial institutions have been sitting on vast amounts of customer transaction data for several decades now. The hardware and software technologies to make sense of this vast storehouse of data have been available for at least a decade now. Meanwhile the appetite for insightful data to help marketers target customers online has grown enormously, as has users' disdain for untargeted advertising.

Citing steady international growth and earnings from increased debit network fees, First Data delivered a 3.8% increase in third-quarter consolidated revenue.

Citing higher purchase volumes for credit and debit cards in all regions, MasterCard Inc. earned net income of $717 million for the third quarter, up 38.4% from $518 million a year earlier.

Ally Financial Inc. swung to a loss in the third quarter, snapping a six-quarter streak of profits, as the government-controlled auto lender reported continued struggles in its mortgage operations.

One of the first large commercial banks to issue reloadable prepaid debit cards, U.S. Bancorp says its familiar brand gives it an edge over alternative providers.

HOUSTON – Cardtronics on Tuesday said it completed the acquisition of Access to Money, Inc., a troubled Cherry Hill, N.J.-based operator of 10,350 merchant-owned ATMs formerly known as TRM Corp.

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Sen. Dick Durbin is working behind the scenes on a new effort to ensure that small banks are not being hurt by the cap on debit interchange fees.

BB&T Corp.'s unusual deal to extract the most valuable parts of BankAtlantic shows how inventive dealmakers can get a leg up on their rivals in the topsy-turvy merger market.

Fiserv said Tuesday its third-quarter revenue rose 3% to $1.06 billion from a year earlier due to revenue growth in its payments segment. Its net income fell 5% to $127 million from a year earlier.

With its future in doubt, the company hires investment banks to help it explore its options.