Retail & Commercial

Canada is well ahead of the U.S. in its adoption of the EMV chip-card standard. That places BMO's Kevin Tait in a bit of a time warp, since a large part of BMO's corporate payments operations are in the U.S.

In an interview with PaymentsSource, Cohen describes the opportunities that arise for companies like Merchant Warehouse amid the rapid changes taking place in the payments industry.

Blackstone Group, manager of the largest real estate private-equity fund, has expanded a credit line to buy single-family homes to $2.1 billion from $600 million, according to a person with knowledge of the deal.

Impersonators of Sammy Davis Jr., Frank Sinatra and Dean Martin (oddly) captured the sense of renewal at the ICBA conference in Las Vegas.

Gibraltar Private Bank & Trust in Coral Gables, Fla., is in talks with several potential buyers, the South Florida Business Journal reported in its online edition Wednesday.

The CFPB director received a frosty reception at the ICBA conference despite remarks designed to calm bankers' fears.

The midsize New York mortgage lender and the West Coast bank created to house the IndyMac assets are worlds apart in many ways, but their rumored deal is strange enough to work, experts say.

The Federal Deposit Insurance Corp. chairman gave an update on the agency's community bank work and said the agency is on target to reach a statutory minimum for insurance reserves.

Bank of Hawaii (BOH) has agreed to delay its exit from American Samoa for one year to give the territory time to recruit another bank.

Speaking at an industry conference, the Huntington CEO says banks can't use the low-rate environment, the slow economic recovery or the costs of regulation as excuses to cut corners and shortchange customers. "We have to set a higher standard."