Mitek announced late Tuesday a single platform for remote deposit check capture, as well a partnership that will help banks using its product fight duplicate-check fraud.

F&M Bancorporation Inc. in Tulsa, Okla., has raised $78 million in capital that it plans to use for expansion in Oklahoma and Texas.

ENDICOTT, N.Y. – Visions FCU opened a branch in the lobby of Union-Endicott High School, the first student-run credit union branch in Broome County.

Among regional banks, funding costs at time deposit-dependent institutions have improved but still substantially exceed rates paid by competitors, and some could be set for expanding net interest margins as CDs gravitate toward market yields.

BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., said Tuesday that it was planning a 1-for-5 reverse split of its class A and B common stock.

D.C. bureau chief Rob Blackwell on the key takeaways from American Banker's Regulatory Symposium.

Fulton Financial Corp. in Lancaster, Pa., has unveiled the management team for its newly created New Jersey bank.

Citigroup Inc. this week is publicizing its pricey new American Airlines credit card by setting up a fake airport lounge in the middle of New York's Grand Central Terminal. (Full-body scanners and security lines not included.)

Consumers have a "trust issue" with mobile payments, which could lead the Google Wallet and other projects to fail, a Fiserv Inc. executive said at a Federal Reserve Bank of Chicago conference.

The financial management startup is leaning on the expertise of its tech-savvy team of founders to build advanced aggregation, coupled with personalized service in automated channels.

Citizens First National Bank in Princeton, Ill., has been ordered by the Office of the Comptroller of the Currency to beef up its capital levels and clean up its loan portfolio.

Last week, my organization, the Center for Financial Services Innovation, released a set of principles and best practices for delivering the kinds of everyday products and services consumers need to manage their financial lives. We call them the "Compass Principles," and we believe they have the potential to create a more enabling environment for financial services innovation that is positive for consumers and promotes competition and profits.

Even Google's Motorola Mobility has agreed to work with the telecom consortium on mobile payment technology.

Even when the overseas problem gets fixed, capital rules and other uncertainties will have to be resolved before deals really get rolling.

In a Q&A during a FIG Partners banking conference, Jack Wagner discussed growth opportunities. M&A will likely come from traditional deals rather than failed bank acquisitions. He is also keeping an eye on costs should the economy remain stalled.

Bankers have reacted well to acting FDIC chief Gruenberg's first speech since taking helm of the agency, but say actions will speak louder than words.

The payment industry's focus on adding encryption at the point of sale to protect card data is counterproductive. MagTek's CEO says that the PCI Council, in pushing advanced encryption,is doing more harm than good.

Deals are a beacon for hackers, who can exploit deficiencies in the systems of merging banks, their vendors or their advisors during negotiations or the integration.

Customer credit card data was not endangered during last week's security breach of a small portion of websites hosted by GoDaddy.com Inc., a company executive says.

Freddie Mac relied on a botched loan review process for key data used to justify its landmark settlement with Bank of America, the FHFA's inspector general has concluded.