Merchant

Merger-related expenses cut into the Pittsburgh company's earnings, though management is excited about growth opportunities in North Carolina.

In the past, card issuers could lure new customers by offering a low promotional rate. But regulations in the wake of the financial crisis don't allow rate adjustments, and issuers also can't increase credit lines as they did in the past.

The Cincinnati company’s 1Q profits were hurt as it scaled back in key consumer and commercial credits, paid higher severance and saw fee income fall.

We asked microfinance organizations around the country about the challenges they face, what they wish banks would do differently, and even what they are reading. Here are some of their responses.

Amazon is using its substantial scale to rapidly diversify beyond its e-commerce core, with its latest move being a self-service subscription hub.

D+H Corp. has opened its technology to U.S. banks for testing on The Clearing House’s real-time clearing and settlement network in the next phase of development of faster payments.

Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.

Loyalty programs are getting more sophisticated, but they still typically boil down to a game of collecting and redeeming points.

A Trump administration budget proposal to end federal funding for community development financial institutions would push small businesses to high-risk, high-cost lenders.

Working primarily with community banks, Promontory Local Credit will provide second-lien loans to small firms, potentially increasing their available credit by 50%.