Retail & Commercial

Some courts will deem financial institutions liable simply for knowing about the red flags, while others require proof the bank knew about their customers' schemes. This subjective standard is often unfair and difficult to manage.

Visa cardholders will be able to receive immediate fashion offers via text message under a mobile-offers test Visa is conducting with Neiman Marcus.

Dozens of institutions have banded together to voice concerns they say are being overlooked by lawmakers and regulators.

Memorial City Bank is canvassing Houston for acquisition targets, capital and commercial loans.

A class-action suit against Goldman Sachs Group Inc. over mortgage-backed securities was revived by a federal appeals court in New York.

The sudden jump in proprietary modifications reported by Hope Now may reflect the impact of the state Attorneys General settlement.

Robin Robeson, the new chief operating officer of Guaranty Federal in Springfield, Mo., has returned to banking with a new understanding of software and other matters after working at Duck Creek Technologies.

VeriFone's stock price tumbled after the maker of payment terminals reported third-quarter sales that fell short of analysts' estimates, citing unfavorable currency swings, competition in Europe and a fire in Brazil.

MasterCard became the first payments network to issue a license to a Myanmar bank as the Southeast Asian nation moves toward integrating with the global financial system after decades of military rule.

BMO Harris Bank in Chicago is opening a corporate banking office in Atlanta as part of its expansion outside the Midwest.