Retail & Commercial

The tentative approval of Visa and MasterCard's proposed $7.25 billion settlement of a merchant fee price-fixing case will be challenged in a federal appeals court.

Banks must take a stand against a shattered culture or suffer the repercussions of a fractured chain of command, reduced productivity, high employee turnover, weak customer service and poor work quality.

WikiLeaks lost more than $50 million in potential donations after Visa Europe, MasterCard and American Express blocked payments to the anti-secrecy group, according to its founder Julian Assange.

Banking associations are mounting another push to keep the Senate from voting on a bill to raise the cap on credit union business lending.

The vast majority of small merchants are still storing unencrypted card data and most don't even know it, according to statistics compiled by a security vendor.

Regulators released new details on how they will enforce restrictions on charter swaps by troubled banks writes American Banker's Joe Adler.

StoneCastle Cash Management, an investment adviser that provides funding solutions for community banks, is buying a listing service for buyers and sellers of certificates of deposit.

Margin pressure, regulatory hurdles and intense competition will test the nation's smallest banks next year, industry experts predict. Those issues could lead to a resurgence of consolidation among community banks.

An increased cap would almost certainly lead large institutions, hungry for short-term profits, to take greater risks that they are ill-equipped to handle.