Retail & Commercial

Strong loan growth and improved efficiency powered ServisFirst Bancshares in Birmingham, Ala., to its 10th consecutive quarter of record earnings in the quarter that ended June 30.

Nearly all senior citizens and others who receive monthly Social Security benefits on government-issued debit cards are satisfied with their cards and would recommend them to other seniors who are still receiving paper checks, a new survey has found.

PNC Bank is rolling out a reloadable prepaid card in an effort to capture its share of consumers who do not have traditional bank accounts.

In his first speech since agreeing to oversee the $25 billion agreement, Joseph Smith said that he can't police new servicing standards without help from borrowers and their representatives.

Inaccurate data that finds its way into the global banking payment process creates "hidden costs" of hundreds of thousands of dollars for banks, corporations or large retail businesses.

In less than six months, MoBank Group has sparked plenty of interest among United Kingdom online retail merchants as they upgrade their websites for mobile commerce.

MasterCard launched a small-business spending portal that mimics the capabilities of big-business expense systems.

The company is opening a loan production office in Wisconsin to focus on commercial loans. The reason? More than 300 banks are fighting for loans in Chicago, leading the local bank to look elsewhere for new business.

Provident New York Bancorp (PBNY) in Montebello, N.Y., has established a wealth management services division that will be led by of its top executives.

M&T Bank (MTB) reported a big drop in quarterly earnings Tuesday, but a close look shows that its Wilmington Trust acquisition is bearing fruit at the right time.