Retail & Commercial

Shareholders of Atlantic Coast Financial (ACFC) will no longer have to wait a year for 40% of their payout.

The terminal maker VeriFone Systems Inc. has signed a two-year contract with China Payment and Remittance Service to provide managed services for up to 100,000 of the company's point of sale devices.

Nearly a quarter of owners of companies with less than $10 million in annual revenue want their bank to make adjustments to meet their individual needs, according to a survey.

Eric John Abrahamson, author of "Building Home: Howard F. Ahmanson and the Politics of the American Dream," talks about what lenders today can learn from Howard F. Ahmanson's story.

Corporate payments services provider Wex will now offer its travel booking and payment automation service to businesses in Brazil.

U.S. Bancorp is developing a voice command mobile application to allow users to speak payment-related commands into the mobile device.

FirstMerit in Akron, Ohio, reported higher first-quarter earnings thanks to better fee income and lending as well as lower expenses.

Signature Bank posted higher quarterly profit after adding more loans and deposits.

UMB Financial in Kansas City, Mo., posted solid quarterly results on loan growth and lower credit costs.

Discover Financial Services (DFS) beat its earnings expectations as its loans and grew and credit card delinquencies hit an all-time low.