Retail & Commercial

Median pay for CEOs at banks with less than $20 billion of assets was about a tenth of the median amount for bosses at banks with more than $100 billion of assets in American Banker's 2013 compensation survey. Growth in pay from 2011 was about even between the two groups, however. Here are some of the most richly rewarded chiefs among the smaller banks. Ratings of the banks' pay practices, on a scale from A to F, are provided by GMI Ratings, a governance watchdog. Figures are for 2012; GMI assessments are as of April 29.

CEO pay rose a median 11% in 2012 among a group of 149 banks. Here are some of the most highly paid bank bosses of the year. Ratings of the banks' pay practices, on a scale from A to F, are provided by GMI Ratings, a governance watchdog. Figures are for 2012; GMI assessments are as of April 29.

Merchants have a vastly different receptiveness and understanding of the U.S. conversion to EMV-chip payment cards, and VeriFone is taking a diverse approach to appealing to them all.

Nintendo built a Near Field Communication chip into the tablet-like controller of the Wii U game console it launched late last year, and the video-game giant says it is now considering using that chip for payments.

CORINTH, N.Y. – Hudson River Community CU has moved into a new, $3-million operations center here.

Heartland Financial USA (HTLF) in Dubuque, Iowa, reported lower quarterly earnings as compensation expenses rose.

Taxicab drivers and their passengers will soon be able to test new mobile hailing and payment systems, following the launch of an e-hailing pilot program and updates to New York City’s regulations for in-car payment terminals.

Capitol Federal Financial in Topeka, Kan., reported lower quarterly profit as its interest income fell and compensation costs rose.

Business Bancshares in St. Louis has exited the Troubled Asset Relief Program.

Higher interest income and wider margins lifted BNC Bancorp (BNCN) in the first quarter.