Retail & Commercial

First Farmers Financial in Converse, Ind., has agreed to buy most of Bank of Indiana.

A securities law firm has filed a class-action suit to halt Renasant's acquisition of First M&F Corp.

MoneyGram and First National Bank have launched their first mobile money transfer service in Africa, enabling FNB account holders to send and receive international transfers via mobile devices.

As the Merchant Customer Exchange asserts its position in the mobile wallet market, it emphasizes that the path to a consumer’s physical wallet runs through retailers.

EMV smart-card migration preparations in the U.S. will take on a more serious tone when the responsibility of covering fraud losses begins to shift.

More than half of the 4 million borrowers affected by the settlement will receive just $300, while three-quarters will receive less than $1,000, regulators said Tuesday.

Wells Fargo's (WFC) home-loan unit has sold a portfolio of reverse-mortgage servicing rights to Walter Investment Management (WAC).

Sterling Bancorp; Provident New York Bancorp

Credit unions are picking up auto lending share from the big banks.

Bank of America, Citigroup and JPMorgan Chase all received failing grades on Fannie Mae's test of mortgage servicers based on overall performance, customer service and foreclosure prevention efforts.