Banking

The Royal Canadian Mint is halting development of its MintChip digital currency project, according to a report in The Wall Street Journal.

Concern about large-scale ATM fraud and denial-of-service attacks prompted regulators to issue two new alerts warning of various scams and outlining steps banks can take to prevent them.

The controversial industry will soon be regulated for the first time on a nationwide basis. Here’s a guide to what's coming.

Peoples Bancorp (PEBO) in Marietta, Ohio, has agreed to buy Ohio Heritage Bancorp (OHHB) in Coshocton.

The rising costs of regulatory compliance, health insurance and technology prompted Mountain Valley Bank to merge with a company that once was its biggest investor.

Clifton Bancorp (CSBK) in New Jersey has named Tricia Cademartori Hrotko to the newly created position of chief revenue officer.

Federal banking regulators have signed off on Umpqua Holdings' (UMPQ) agreement to buy Sterling Financial (STSA).

Programs to help underwater borrowers with second liens are languishing and the Treasury's authority to create and fund new ones under the Troubled Asset Relief Program expired several years ago.

Old Second Bancorp (OSBC) in Aurora, Ill., is tempering its expectations for its planned public offering.

Walmart has long been as much a force in financial services as it has been in retail. Here are some of ways Walmart and its executives have shaped - and challenged - the payments industry.

John and Bill Wheeler went as far as giving away foreclosed properties to reduce maintenance fees and bad assets. As a result, State Bank of Countryside has returned to profitability and is ready to start lending again.

Independence Bancshares, (IEBS) in Greenville, S.C., has filed multiple mobile payment patent technology applications with the United States Patent and Trademark Office.

The DOJ's initiative ensures that federal and state laws are not circumvented by predatory lenders … and gives federal authorities a chance to fix a very broken industry.

Opus Bank in Irvine, Calif., has launched an initial public offering that could yield as much as $223 million for the company and its shareholders.

First Internet Bank is opening a commercial loan office in Phoenix and has hired three experienced lenders to run it.

A Montana court has affirmed a jury verdict that had found Comerica Bank (CMA) responsible for putting one of its commercial clients out of business.

Wal-Mart Stores Inc. chose MasterCard Inc. to handle transactions for the merchant's store-branded credit cards, ending a nine-year relationship with Discover Financial Services.

U.S. attorneys general launched a multistate investigation into a data breach at a subsidiary of Experian that gave criminals access to consumers' bank account, Social Security and drivers' license numbers.

Wal-Mart Stores, the world's biggest retailer, chose MasterCard to handle transactions for the merchant's store-branded credit cards.

Fidelity Southern (LION) in Atlanta has filed documents that would allow it to issue up to $100 million in stock, warrants and debt.