Retail & Commercial

Citigroup is doing away with its cobranded ExxonMobil MasterCard and on Aug. 31 will introduce a new private-label gas card whose name, the ExxonMobil Smart Card, could be a bit misleading to payments-industry insiders in that it is not an EMV chip-card.

Navy Army Community Credit Union cites familiarity, Fiserv’s wide array of services.

The Consumer Financial Protection Bureau said Tuesday that institutions with fewer than 100 remittances a year are exempt from a requirement that providers of international money transfers provide upfront fee disclosures.

The Consumer Bankers Association has bulked up its staff, announcing four new hires across several areas.

Wells Fargo & Co., the largest U.S. mortgage lender, said a refinancing program may cut annual interest income by as much $215 million, more than double what the firm estimated three months ago.

Provident New York Bancorp (PBNY) in Montebello has raised roughly $46 million to help fuel its expansion in the New York City area.

It is best not to ignore Automated Transactions' ATM patent infringement claims. Instead, take proactive steps to determine what course of action is best suited for your financial institution.

Freddie Mac said a strengthening housing market means it will not add to the debt it owes U.S. taxpayers for the first time since the first quarter of 2011.

Insurance commissioners from around the country will hold a hearing on force-placed insurance productsThursday. Though insurers would bear the brunt of any regulatory actions, banks are at risk, too.

RICHMOND, Va. -- Governor Bob McDonnell announced this morning that Navy FCU has agreed to make a multi-million dollar investment to expand its member service operation in Frederick County, topping a competing bid from Florida where the credit union giant operates a huge call center.