Retail & Commercial

New York families victimized by scams such as false promises of loan modifications lose an average of $4,187 per household, 27% higher than the national average of $3,296.

Banco del Pacifico has announced plans to deploy two types of automated teller machines to help serve the underbanked in Ecuador.

Banks could originate 300,000 more home loans per quarter and face only a slightly higher risk of default, according to a new report. But lenders are unlikely to loosen lending standards until they are sure that Fannie, Freddie and the FHA have eased up on buyback requests.

Consumer confidence fell in November, interrupting a steady rise in sentiment, but Americans still indicated plans to spend more, according to the Conference Board. The conflict clouds the trickle down expectations for the collection business.

Webster Financial in Waterbury, Conn., has received regulatory approval to acquire the health savings account business of JPMorgan Chase.

TIO Networks has secured a patent that allows the bill payment processor to conduct change-based transactions on reverse automated teller machines.

Diebold reached an agreement with Banco del Pacifico to deploy automated teller machines in Ecuador.

First Foundation Bank in Irvine, Calif., has agreed to buy Pacific Rim Bank in Honolulu.

Account Control Technology Inc. has donated to Susan G. Komen, a nonprofit organization that works to end breast cancer in the U.S. and throughout the world by supporting research, community health outreach, advocacy and programs in more than 30 countries.

Two community banks recently were permitted to transfer cash to their holding companies. It could be a sign that regulators are changing their attitudes toward such payments now that banks have healthier capital levels.