Retail & Commercial

RALEIGH, N.C. – State Employees’ CU announced this morning it has signed with Diebold to update and replace more than 1,100 ATMs, the biggest ATM fleet owned by any credit union.

Mike Passilla, JPMorgan Chase's new merchant services boss, didn't take a sledge hammer to the digital payment startups that are chewing away at incumbent payments companies, but his message was clear—Chase is one of the biggest guys on the block, and it plans to use its data and technology heft to win in the merchant acquiring game.

TRAVERSE CITY, Mich. – Traverse Bay Area CU plans to build its new headquarters at a site contaminated by a former gas station.

Citigroup has agreed to settle a lawsuit by the federal government that charged the bank with misleading investors in the run-up to the mortgage meltdown.

Momentum is building on both sides of the aisle for significant reform of mortgage giants Fannie Mae and Freddie Mac. American Banker staffers discuss what's behind the Senate's rare show of bipartisanship.

A decade after changing its name to reflect a broader geographic reach, ISB has reverted to its former name, Ixonia Bank.

A Chilean bank's plan to keep the Miami bank intact is a better outcome for the market than a sale to an existing regional bidder, industry observers say.

Retailers and the major card brands are throwing more legal punches at each other over the controversial proposed $7.25 billion swipe-fee settlement in a years-long anti-trust case.

JPMorgan Chase (JPM) has hired Travis Machen from Morgan Stanley (MS) to run a group that provides banking for financial institutions.

The long-held notion that community banks, by definition, provide exceptional customer service is getting debunked.