Retail & Commercial

The U.S. Supreme Court agreed to hear two Bank of America Corp. appeals that seek to give lenders more leverage over homeowners who file for bankruptcy protection.

Plaintiffs advocating for spousal rights in existing Home Equity Conversion Mortgages are renewing their motion for class certification, citing circumstances surrounding two instances of foreclosures under interim government policy.

Elan Financial Services will use MasterCard's common debit application identifier technology when processing transactions through its MoneyPass ATM network.

FleetCor Technologies has completed its purchase of business-to-business electronic payments provider Comdata.

California Republic Bancorp in Irvine, Calif., has raised $90 million through an offering of equity and debt.

A TransUnion analysis reveals consumers are moving to different homes at higher rates in the latter part of each year, suggesting that collection agencies might consider updating consumer contact information an additional time.

Wells Financial in Wells, Minn., has agreed to buy St. James Federal Savings and Loan Association in St. James, Minn.

BNC Bancorp in High Point, N.C., has agreed to buy Valley Financial in Roanoke, Va.

Banks needs to deeply understand the needs of their customers before they start rolling out ambitious high-tech plans.

A number of credit union and bank executives have been ignoring the National Institute of Standards and Technology's Framework for Improving Critical Infrastructure Cyber Security, waiting for the federal government to issue more definitive guidance.