Retail & Commercial

With newcomers like Square gaining momentum in mobile payments, processors are more aggressively offering customers reasons to stick with them as merchants accept more payments outside their retail stores.

We learn lessons after every financial crisis. But it doesn't stop the next one from happening.

When crunching the numbers, it appears Square can't possibly make a profit in its new deal to process transactions for Starbucks.

United Community Financial (UCFC) in Youngstown, Ohio, reported its third straight quarter of profitability as asset quality improved.

BBX Capital (BBX) posted a second-quarter net loss of $12.3 million for its last reporting period with BankAtlantic.

Chicago Mayor Rahm Emanuel on Tuesday shot down the idea of using eminent domain to seize underwater mortgages, the Chicago Tribune reported.

Mackinac Financial (MFNC) in Manistique, Mich., has raised roughly $11.6 million through a rights offering and the sale of common stock to an investor.

Wells Fargo will pay more than $6.5 million to settle claims with the Securities and Exchange Commission that its brokerage firm and a former executive did not properly disclose risks related to investments tied to mortgage-backed securities.

The country's fastest-growing servicer reports a solid second-quarter profit, strong operational metrics and plans for an even more ambitious expansion.

Bank of America announced the nationwide launch of its online rewards system, BankAmeriDeals.