Retail & Commercial

Sotheby's is auctioning off a prototype of the magnetic credit card. It's not as impressive as you might think.

DCB Financial Corp. (DCBF) said Thursday it completed a sale of common stock to existing shareholders and local investors that netted $13.2 million in funds.

A state court yesterday approved a request from the South Carolina Revenue Department to notify credit unions and banks of the 3.3 million bank account numbers compromised when someone hacked department tax files.

The Federal Reserve Board has terminated enforcement actions against Anadarko Bank & Trust in Oklahoma and Hanmi Financial in Los Angeles.

At Citigroup, CEO Corbat offers hints of strategic change. U.S. bank gives mobile bill pay a boost. In Washington, a Republican leaves and two Democrats rise.

Barcelona residents not yet conducting tap-and-go payments at merchant point of sale may soon find it easier to do so using their mobile phones.La Caixa continued its push to make contactless payments the accepted norm in Barcelona, announcing plans to issue up to 200,000 Tap Visa stickers that consumers can attach to the backs of their mobile phones.

LOCKPORT, N.Y. – Cornerstone Community FCU announced plans to open a new branch in the Village of Lewiston, inside the former HSBC building.

TD Bank will reimburse its employees for the additional federal and state taxes that they pay for benefits for same-sex partners beginning Jan. 1.

WASHINGTON — The Consumer Financial Protection Bureau and the Department of Justice agreed Thursday to collaborate on enforcing fair lending laws to avoid duplicating efforts.

The Senate Banking Committee had tough questions for Shaun Donovan, on the heels of a disappointing report on the mortgage insurer's financial health last month.