Retail & Commercial

Amazon.com Inc. is expanding the use of its digital currency, Amazon Coins, to all apps and games in the mobile Amazon Appstore.

Twelve defendants that allegedly operated Web sites enticing consumers with bogus offers of "free $1,000 gift cards" for major retailers have agreed to pay $2.5 million in settlements with the Federal Trade Commission.

The credit card delinquency rate (the ratio of borrowers 90 days or more delinquent on their general purpose credit cards) dropped on a yearly basis from 1.61 percent in Q4 2012 to 1.48 percent in Q4 2013.

Former Jefferies & Co. managing director Jesse Litvak defrauded investors of $2 million using a U.S. bank bailout program to earn illegal profit for the firm, prosecutors said at the start of his trial.

As Credit Suisse Group AG (CSGN) sees it, time has run out on New York Attorney General Eric Schneiderman’s pursuit of Wall Street banks for mortgage fraud that helped trigger the financial crisis.

JPMorgan Chase & Co. dropped Al-Rajhi Bank, the world's largest Shariah-compliant lender, as a correspondent banking client amid a push to improve risk controls, said two people with direct knowledge of the move.

Members of Affinity CU will receive EMV cards from the credit union during the third quarter of 2014.

The Federal Deposit Insurance Corp. is suing eight former officers and directors of Habersham Bank over their role in the failure of the Clarkesville, Ga., lender.

First Citizens Banc Corp (FCZA) in Sandusky, Ohio, has exited the Troubled Asset Relief Program.

First Defiance Financial (FDEF) in Defiance, Ohio, has agreed to buy First Community Bank in Columbus, Ohio.