Banking

Square is committed to its diversification strategy, furthering its transformation from a simple mobile point of sale provider to a company that also handles small-business loans, marketing and e-commerce.

Commercial firms' appetite for loans fell in November, though bankers have mixed views on why demand decreased. Meanwhile, financial institutions are managing to reduce deposit rates, which should help margins over the long run.

Banks are still throwing support behind Apple Pay – 10 more banks signed up for the service in mid-December. Yet many say they're keeping their mobile wallet options open.

Ocwen Financial, operating under a settlement with New York's banking regulator that restricts its servicing portfolio acquisitions, is looking at its old private-label mortgage securities as a new profit center.

The fast-food chain Chick-fil-A has confirmed that it was the victim of a recent data breach.

The Consumer Financial Protection Bureau published a notice this week in the Federal Register to collect comments on its request for approval of a consumer response intake form under the Paperwork Reduction Act.

WashingtonFirst Bankshares in Reston, Va., has raised $20 million through a private placement.

First NBC Bank Holding in New Orleans has agreed to buy State Investors Bancorp in New Orleans.

As payments providers shore up their security, using tokenization on top of biometrics on top of encryption, will there be a need for merchants to manage fraud on a per-transaction basis?

When you are a company that started out 125 years ago as National Cash Register, you've had to reinvent yourself a few times.

The $2 billion-asset company said in a press release Tuesday that it sold common stock to unnamed accredited investors for $10.56 a share.

Whether corporate leaders should have a certain look is a controversial and sometimes awkward topic, but many companies and executive coaches are willing to help corporate climbers polish their appearance, stage presence and speaking style.

The cash register company turned ATM maker purchased online and mobile banking provider Digital Insight to better compete in digital banking and to let banks offer customers seamless interactions between channels.

HF Financial in Sioux Falls, S.D., is scaling back its in-store branch branches due to increased demand for online banking and the advice-oriented offerings at full-service branches.

The Federal Bureau of Investigation is looking into whether hackers working on behalf of any U.S. financial institutions disabled servers that were being used by Iran to attack the websites of major banks last year.

The City of New York intends to develop mobile payment options for those paying fines for parking violations.

Ironhorse Financial Group in Muskogee, Okla., has agreed to acquire Benefit Financial Group in Fort Smith, Ark.