Bank of America Merrill Lynch has launched a mobile application to support commercial prepaid card programs and their cardholders.

First Green Bank in Florida had to stop holding deposits for licensed marijuana sellers as a condition of making a deal.

Loan growth, fueled by increased tourism spending, more than offset a sharp drop in fee income at the Honolulu company.

On Mar. 31, 2018. Dollars in thousands.

On Mar. 31, 2018. Dollars in thousands.

The bank also agreed to pay a $5 million fine to settle allegations over how it obtained consumers' consent.

Spirit of Texas Bancshares has agreed to buy Comanche National. This would be Spirit's first acquisition since going public earlier this year.

Avidia Bank in Massachusetts collaborated with Exhibit 'A' Brewing to produce and sell an IPA as part of a plan to boost marketing to small businesses and millennials.

The company will no longer originate indirect auto loans outside of Florida and Georgia.

Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat.

To improve videoconferencing adoption, banks are advised to focus on one particular group of clients.

The bank had numerous warnings that there could be severe regulatory consequences related to deceptively advertised add-on products. It is paying the price for failing to do more in response.

The bank announced plans to open 100 to 125 branches in fast-growing cities across the Southeast, and will close an equal number in the Midwest. In a way, it's finishing a plan it cooked up nearly two decades ago.

Brentwood Bank’s purchase of Union Building and Loan would give it a larger presence around the Steel City.

The Los Angeles company, which focuses on Korean-Americans, aims to raise $50 million.

About 15% of Walmart’s workforce is budgeting and taking pay advances through the app.

The Fort Worth, Texas, company will be competing in a segment of the U.S. card market that has grown more competitive in the last few years.

PeoplesBancorp in Holyoke, Mass., has agreed to buy First Suffield Financial in Connecticut for $60 million.

Large card issuers began banning cryptocurrency purchases on their cards in February. But fintechs are allowing consumers to purchase and invest in digital currencies, and they say the risk is minimal.

The Minneapolis company plans to expand to new retail markets through a digital platform, but it’s facing questions about how it will distinguish itself from peers.