Banking

Denial of service attacks launched to or from phones are among a new breed of security concerns.

TSYS will provide payment processing for KeyBank's consumer credit card portfolio as part of a long-term agreement announced today.

The Federal Reserve Board has terminated an enforcement action with CIT Group.

Hugh McColl, who made his name in banking by building one of the nation's largest financial institutions in Bank of America, is lending his heft to an academic program that should benefit community bank.

Banks that develop strong, personalized relationships with small business owners will generate mutual sustained value.

Prolexic boasted Thursday that it thwarted the largest distributed-denial-of-service-attack ever recorded (by its own measures).

ViewPoint Bank in Plano, Texas, has hired Chris Parada to lead its newly formed energy-finance division, which will provide senior debt financing to oil and gas companies throughout the country

A new service from Experian sends customers alerts when businesses use their personal information to authenticate transactions.

The Treasury Department and U.S. Department of Housing and Urban Development jointly agreed to allow the Making Home Affordable Program to continue to be available to American families for an additional two years through Dec. 31, 2015.

Royal Bank of Canada and Canadian Imperial Bank of Commerce posted higher second-quarter profits, lifted by gains in domestic consumer lending and a decline in provisions for bad loans.

With a data breach dispute between Visa Inc. and Nashville-based retailer Genesco Inc. heading toward a July 2014 trial, Visa lawyers are asking a federal judge to dismiss some claims in a lawsuit Genesco filed against the card brand.

Carlyle Group plans to sell roughly $40 million of common stock in Boston Private Financial Holdings.

Southwest Bancorp in Stillwater, Okla., and Bank of Kentucky in Crestview Hills have completed exits from the Troubled Asset Relief Program.

DataCash, a MasterCard payments processing subsidiary, and Redecard will partner to sell electronic commerce products to merchants in Brazil.

Public officials talk as if facilitating anonymous financial transactions is in itself somehow nefarious. But there are legitimate reasons to keep online purchases and other activity private.

Credit bureaus and payment companies are testing ways to use social media – say, a Facebook Inc. post about a recently purchased Corvette – to verify a person’s identity and even assess consumer creditworthiness.

LevelUp has made constant changes to its mobile-payments technology as it has aggressively spread its system to new consumers and merchants alike. Today, it is in the process of eliminating issues by replacing its older systems and is promoting a white-label app to appeal to more merchants.

Foreclosure-related U.S. home sales fell 22 percent in the first quarter from a year earlier as rising prices reduced the incentive to sell for owners who owe more than their properties are worth, RealtyTrac said.

The U.S. crackdown on Liberty Reserve is stoking fears that the government may effectively cut off digital currencies like Bitcoin as banks sever ties with businesses in this growing field.

The $385 million-asset credit union has begun using FMSI's Teller Management System, the Atlanta-based technology company said Wednesday.