Payment processor is harnessing technology from Trusteer to help prevent Trojans and other forms of online fraud.

By adding new processing capabilities, the bank is extending payment acceptance to include varied online payment methods for corporate clients that have international footprints.

Fifty community banks across the country received $767 million in the latest round of funding from the Small Business Lending Fund, the Treasury Department said Wednesday.

After months of rumors, Bank of America made it official Wednesday morning, saying it would exit the correspondent mortgage space, where it ranks second nationwide.

Swope Montgomery, the longtime CEO of BNC Bancorp in High Point, N.C., details his growth strategies, cautions on deals and the risks and rewards of private equity.

Its suit against Bank of America shows U.S. Bank is more willing than other trustees to help investors force issuers to buy back soured loans.

A $9.07 a share, Beach Business Bank's comes at a 53% premium to the Manhattan Beach, Calif., seller's closing price.

The bank technology vendor S1's board told shareholders not to accept ACI Worldwide's exchange offer — yet. The board said Wednesday that it is reviewing ACI's Tuesday offer to shareholders in ACI's latest step to disrupt S1's planned merger with Fundtech.

Fannie Mae and Freddie Mac became the latest big names to seek a voice in the massive $8.5 billion settlement reached by Bank of America Corp. with investors in mortgage-backed securities with a court filing Tuesday.

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Bank of America's legal woes deepened Tuesday, as U.S. Bank filed suit over soured home-loan bonds and a flurry of investors said they might object to a high-profile mortgage-bond settlement.

The banking industry is reeling from a slowdown in the economy that could last years and layoffs in this industry will be severe. Bank of America leads the list with announcing that it will lay off 10,000 employees and UBS is geared to lay off 3,500, however, this round of layoffs will touch not only the large banks, but also community and regional banks.

Sun Bancorp Inc. in Vineland, N.J., announced Tuesday that it has filed a shelf registration statement with the Securities and Exchange Commission seeking approval to raise up to $150 million that it could use to fund future growth.

Heartland Financial USA Inc. in Dubuque, Iowa was approved for up to $81.7 million in the Small Business Lending Fund, the largest amount publicly announced.

The Federal Reserve Bank of Chicago has ordered CB Holding Corp. in Aledo, Ill., to serve as a source of strength for its struggling bank unit, Country Bank.

Mobile payment venture has made many partnership announcements and its telecom members are sinking $100 million into the project. But when will it have a real-world product ready?

MidSouth Bancorp Inc. has long said that pricing has been to irrational in M&A. News that interest rates will stay low, however, may force an inflection point for sellers.

Its purchase from FIA Card Services is part of a broader trend of banks taking back management of their cards.

One of my mantras over the past few years has been that as our industry becomes more technology-driven and our products and services more commoditized, our people become more important, not less.

ATM manufacturer Diebold Inc. has developed technology to centralize its ATMs’ computing power, thereby improving security and cutting ATM-maintenance costs for clients.