Retail & Commercial

A unit of Palmetto Bancshares in Greenville, S.C., has shed an enforcement order with the Federal Deposit Insurance Corp.

VeriFone announced Monday the appointment of a new chief financial officer. Marc E. Rothman, a former chief financial officer at Motorola, is becoming an executive vice president at VeriFone and its CFO. He will succeed Robert Dykes, 63, who will retire from his post at the end of the month.

Visa Inc. contravened Australia's consumer protection laws by preventing buyers from using a currency of their choice when shopping, the country's competition regulator said.

What they lack in deep pockets, small banks often make up for in agility and a willingness to try new technologies. Bank Technology News presents the top community bank IT projects of 2012.

As Loylogic traverses the world looking for more than just a single partner for its rewards redemption app, it's attempting to sweeten the user experience by reducing the amount of navigation needed at the point of sale.

JPMorgan Chase (JPM) is giving its wealthiest clients the chance to invest in the single-family rental market after other investments linked to the U.S. housing recovery jumped in value.

The global awareness campaign will focus on educating companies — especially those in developing countries — and working with regulators to establish more consistent capital guidelines.

Promontory Interfinancial Network is adding Bank Assetpoint to its suite of products, a service designed to be a one-stop shop for bankers and real estate investors to exchange loans and REO.

U.S. Century Bank, the nation's largest undercapitalized bank, is close to a deal that would give a controlling stake to local investors.

It's shopping season in the payments industry. Just last month, Ingenico, ACI Worldwide and Fidelity National Information Services announced separate acquisitions. Many other companies have bought their peers in recent months.