Retail & Commercial

Levels climbed 30% from the prior month, though they remain well below precrisis norms. Meanwhile, the SBA reported near-record volume in the fiscal year that ended Sept. 30.

Swipe fees jumped at an annual rate of 40% in the second quarter among a group of institutions subject to the new debit card price caps. Interactive data on interchange revenue at 900 companies.

American Bank & Trust of Wessington Springs, S.D., has agreed to buy Mansfield State Bank.

MasterCard updated its Smart Data offering to help business owners save money by improving their visibility and access to analytics.

American Founders Bancorp in Lexington, Ky., announced Monday that it plans to close one of its Lexington branches by the end of October, leaving it with three branches in its hometown.

Most customers want to spend less time on their finances, not more. They will flock where they are rewarded for transacting conveniently, rather than for counting their pennies through PFM.

Fitch Ratings warned of a possible downgrade of Ocwen Financial after the Atlanta company agreed to buy Homeward Residential Holdings from WL Ross & Co.

Merchants working with My Clear Reports can now sign up for Automated Clearing House products and services the vendor integrated from Checkgateway.

Many lenders are pushing ahead with tight new borrowing requirements as they wait for regulators define a "qualified mortgage," as required by Dodd-Frank.

Trustmark in Jackson, Miss., does not expect to get regulators to OK its takeover of BancTrust in Mobile, Ala., until late this year or early next year.