Retail & Commercial

Renasant's willingness to pay a premium for First M&F, a small bank in the Deep South, indicates just how hungry banks are to put capital to use.

Breaking up the biggest banks would be futile, onetime Citigroup (NYSE:C) eminence and former Treasury Secretary Robert Rubin said on Thursday.

Banks with at least $10 billion in assets approved 15.3% of loans between $25,000 and $3 million in January, up from 14.9% in December and from 11.7% a year earlier, according to an index published Thursday by Biz2Credit

Any new state laws on the issue would likely strengthen the bargaining power of Visa and MasterCard in negotiations with retailers over swipe fees.

In its latest billboard ad, the Colorado bank is comparing itself to an institution that makes nearly anyone look good.

State legislators want to give Bank of North Dakota authority to originate and service mortgages for rural community banks.

Merchants shouldn't have their heads in the clouds when it comes to data security — especially when they rely on cloud computing to handle payment card data.

Merchant objections to the proposed $7.25 billion swipe-fee settlement are likely to mount following another delay in an appeal ruling.

Visa's V.me digital wallet is picking up momentum and the initiative is "right on the point of the spear" of the card network's product development strategy, Visa says.

Eager to ply consumer data analytics as a carrot for issuers, MasterCard Advisors on Thursday announced a development partnership with data analytics company Mu Sigma, in which MasterCard purchased an equity stake.