Retail & Commercial

Visa lost a lot of PIN debit business after new regulations took effect this year, but the payments network insists it has stanched the bleeding and its incentive programs will win back market share.

JPMorgan Chase & Co. will contribute about $1.2 billion to settle a price-fixing case brought by retailers over credit-card swipe fees.

Sites like Groupon have captured consumers' attention and loyalty in a way that credit card issuers often dream of. A few savvy payments companies have found ways to benefit from the daily-deals fad.

Serial dealmaker Jay Sidhu is at it again, agreeing to buy the New York thrift CMS Bancorp for $20.8 million. Sidhu is paying a premium, an investor in both banks says, but Sidhu denies it.

As expiration dates near for FDIC loss-sharing agreements inked in 2008, more failed bank buyers are looking to unload loans before the coverage runs out. As a result, they face growing pressure to book new loans to replace the ones they are trying to run off.

Consumers' inner rock stars and accountants are at the heart of the mobile finance startup's business plan, Movenbank CEO Brett King says.

Mexican bank Banamex this week launched the initial phase of the first major countrywide contactless-payment rollout that includes the issuance of 100,000 contactless credit and debit MasterCards and the deployment of several thousand terminals to 1,900 merchants in Mexico City.

As we transact, we give life to the inner "rock star" or "accountant" in us, says Brett King, chief executive of mobile finance start-up Movenbank.

Loan demand is soft and competition for borrowers is intense, creating tension between building portfolios and sustaining yields. Some banks have posted leaps in volume just to tread water in profitability.

The Lansing, Mich., company has turned to court to try and recapitalize itself. The move would leave all existing stakeholders with a 53% equity stake in the company. Capitol, meanwhile, is still searching for an investor to take the other 47%.