Banking

Rival bankers who operate in Chicago have been giving their takes — some sarcastic, others serious, yet others cautious — about the competitive effect of MB Financial's deal to buy Taylor Capital.

Expense control is getting extra attention at several smaller banks this earnings season, though the reasons for the scrutiny vary depending on the institution.

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

Cardtronics has launched a branding initiative that lets up to ten banks put their logos on a single ATM.

Former small business owner George Noga shares Fiserv's research and philosophy about how community banks can better serve and profit from small business customers.

ID Analytics announced this week that it has updated the identity fraud software it offers banks, which is called ID Score.

Davis and Henderson's planned $1.2 billion acquisition of Harland Financial Solutions marks the Canadian technology developer's biggest push into the U.S. market and its first foray into payments processing.

Synovus Financial (SNV) in Columbus, Ga., has redeemed its Troubled Asset Relief Program shares after raising cash in two stock offerings.

The Federal Deposit Insurance Corp. took seven enforcement actions and freed 13 banks from orders in June, according to a list of regulatory actions released Friday.

InsBank in Nashville, Tenn., has created a division that will focus on serving physicians.

State laws requiring money-transmitter licenses have raised the barriers to entry for startups trying to compete with banks and entrenched companies like PayPal. But by keeping out smaller, more nimble payments companies, state regulators could affect the banking industry's long-term innovation and growth.

The use of social media channels promotes transparency, enhances customer service and helps establish a senior bank executive as the most accurate and trusted source of company information.

SVB Financial Group (SIVB) in Santa Clara, Calif., benefited from higher lending income and investment gains last quarter.

Quarterly profit of Investors Bancorp in Short Hills, N.J., rose 20%, as acquisitions led to higher lending income.

U.S. Century Bank in Doral, Fla., has postponed a shareholder vote on a $50 million capital injection.

Join Bankthink and series contributors in discussing the types of products and services tomorrow’s banks might offer.

Bank of Marin Bancorp in Novato, Calif., has completed its search for a new chief financial officer.

Redwood CU has cancelled 18,400 debit cards in the face of an apparent hacking into the database of Raley's supermarket chain that has led to fraud on as many as 200 of its member accounts.

TAMPA, Fla. – Grow Financial FCU will open a new branch in Wesley Chapel that will feature interactive tellers.

WASHINGTON – New analysis by Co-Ops for Change of the five failed corporates’ spreadsheets asserts that the NCUA Guaranteed Notes balance currently is over-reserved by $10 billion.