Banking

The U.S. Supreme Court will rule for the first time in decades on patent protection for computer software, taking up a case that has divided the industry and may reverberate through the American economy.

The chief financial officer of Brookline Bancorp (BRKL) in Boston plans to resign.

The North Carolina market is poised for a big round of M&A, and executives at NewBridge Bancorp — which has made two acquisitions this year — believe they can build the state's first super-community bank.

BtcQuick, a Bitcoin exchange, has deployed miiCard's identity verification service to comply with Know Your Customer and Anti-Money Laundering requirements and help deter fraud risk.

American Airlines and US Airways have argued that a planned merger will be good for "competition, consumers and choice." But days before the merger's closing, changes the airlines made to a popular credit card reward may end up having the opposite effect.

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Blue Valley Ban Corp (BVBC) in Overland Park, Kan., plans to sell up to $10 million of stock in a subscription rights offering.

A bump in overdrafts in the third quarter suggests that more Americans are struggling to make ends meet.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Entertainment and mobile technology company Pimovi has released CamFusion, a mobile app that enables in-app payments for content accessed by wearable computing.

With just two weeks left before Congress takes a holiday recess, lawmakers are stepping up efforts to deter frivolous patent lawsuits against banks and a host of other companies.

PNC has put the historic Pennsylvania Avenue headquarters building of Riggs National Bank on the market.

The $806 million-asset company and the FDIC entered into a consent order related to AML and Bank Secrecy Act controls, staffing and administration, Banesco said Friday.

These types of schemes rarely pay off in the end, and they certainly never represent an efficient use of funding. Banks would, therefore, be well-advised to make some immediate price-structure changes.

The New York State Department of Financial Services has approved three banks to convert to state charters.

The chief marketing officer of Wilshire Bancorp (WIBC) in Los Angeles has resigned after just three months in the role.

PNC Financial Services Group (PNC) in Pittsburgh has agreed to pay $89 million to Freddie Mac in order to resolve repurchase obligations on loans sold to the government-sponsored entity.

Reduced lending, fewer leaders in times of crisis and less innovation – that’s what we’d have if only the biggest banks were allowed to survive.

Colorado's top banking regulator — the only state supervisor to get overruled by the Federal Reserve Board on a failure — is retiring.

Royal Bank of Canada is putting its leadership in the hands of David McKay, whose consumer-lending experience is a departure from the investment-banking background that propelled Gordon Nixon to chief executive officer 12 years ago.