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Barclays PLC today named Michelle Bottomley chief marketing officer for Barclaycard US. She previously was chief operating officer at Ogilvy & Mather Worldwide.
U.S. Bank has signed an agreement to purchase the ATM and kiosk terminal management services, cash management and vault cash operations of the electronic banking division of Palm Desert National Bank.
Gainesville, Fla.-based 1st Credit Union has sold its nearly $4 million credit card portfolio to TNB Card Services.
Fair Isaac Corp. has changed the name of its CardAlert Fraud Forum online community for financial professionals to Fraud Alert Network Forum.
GMG Entertainment, a provider of prepaid cards for online games, has begun offering a line of branded prepaid cards at Best Buy Co. Inc. stores for Adventure Quest, Meez Inc. and Stardoll games.
Mortgage insurer MGIC Investment Corp. has sold its 24.25% stake, or more than 2.4 million shares, in Sherman Financial Group LLC back to the debt buyer for $209.5 million.
