Regulation

Evertec Inc., a significant acquirer processor and card issuer in Latin America and the Caribbean region for 25 years, is casting part of its business as that market's Square Inc. and looking to supercharge its payments business after its April 12 initial public offering.

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Special FDIC protection for losses suffered by failed-bank buyers still exists, but a better real estate market and bidders' increased confidence in their asset management skills are making it rarer.

Shareholders for M&T and Hudson City will meet next week to vote on the banks' merger, though a Fed review of M&T's anti-money-laundering compliance could throw a wrench in the works.

The 25th Card Forum & Expo brought hundreds of payments professionals together in Boca Raton, Fla. to share strategies and ideas. Here's a recap of some of the most talked about subjects from the event.

The Consumer Financial Protection Bureau "has been a good communicator" with the banking industry and "has done some positive things" but also has "a big job to do," says Bank of the West's Andy Harmening, a senior executive vice president and regional banking group head. Harmening discusses the advantages and pitfalls of dealing with the new regulatory agency at American Banker's annual Best Practices in Retail Banking Symposium.

Rep. Maxine Waters moderated a wide-ranging debate on the housing finance system Friday.

Numerous components of Basel III could empower bank regulators to increase the amount of capital banks hold, especially for large banks.

Federal law gives President Obama the ability to remove the Federal Housing Finance Agency's acting director and replace him with one of three deputies, New York Attorney General Eric Schneiderman's office concludes.

The Basel Committee on Banking Supervision said Friday it is closely evaluating the differences in how countries implement the Basel III accord.