Technology

Continued transaction-processing growth and an improved capability to process debit card transactions in the United States helped to boost MasterCard Worldwide’s first quarter earnings.

Wells Fargo plans to give its underwriters more control in approving mortgages that it retains in its own portfolio, as the bank tries to add high-quality assets to its balance sheet.

There are more signs of an improving credit landscape heading into the second quarter, according to consumer data from Equifax's March National Consumer Credit Trends Report. Home finance remains an exception to the boost.

Fiserv Inc. of Brookfield, Wis., reported first-quarter gains in profit and revenue.

Shareholder dissent over pay practices grew a bit in 2012. Outright majorities rejected executive compensation plans in advisory votes at three of the 132 institutions covered in this sortable table, compared with one in 2011. Meanwhile, the percentage garnering less than 75% support grew to 9.8% in 2012 from 9.1% in 2011.

U.S. consumer spending growth slowed in March after a strong February, even as personal income growth picked up pace, government data showed Monday.

Institutions in American Banker's compensation report paid their CEOs a total of $500 million in 2011. This interactive table shows pay and performance data for each company.

Brisk growth in executive pay meant that total CEO compensation measured 2.1% of total employee compensation at banking companies with less than $20 billion of assets in American Banker's pay survey. That is a far higher level than at larger competitors, and another burden for community banks struggling with the costs of new regulations. This interactive table compares pay for bosses with pay for the rank and file.

First Data Corp. is promoting Dynamic Currency Conversion on two fronts, hoping to place the service with large and small North American retailers.

Vendors providing merchants and processors with advanced encryption for card-data security now have a better idea of what standards the payments industry expects those systems to meet.