Banking

Payments technology provider ZooZ has developed a product that combines mobile payments with advertising.

JPMorgan Chase has yet again won a ranking of mobile banking apps. In this one, Keynote's semiannual mobile banking scorecard, Chase came in first for the third time in a row. Wells Fargo came in second and Bank of America third.

NCR (NCR) has logged an order for automated teller machines from Dollar Bank in Pittsburgh.

Two tech providers — CSC and SAP — are tightening ties to help banks modernize their information technology infrastructure.

Authentication and other bank securities technologies are a major focus at Finovate's Spring conference, reflecting the industry's strong demand for improved safeguards. Technology Reporter Sean Sposito reports from San Francisco.

Former TCF Financial (TCF) chief executive Lynn Nagorske has died.

Two Standard Chartered customers aim to earn a spot in the Guinness Book of World Records for making mobile banking transactions at a high altitude.

PNC Financial Services Group (PNC) will close 10 branches in its hometown of Pittsburgh as part of a planned $700 million in expense cuts.

In a sign of the times, information security and authentication vendors dominate a fintech conference.

Low yields and the short-term impact of a strategy shift weighed on Pacific Mercantile Bancorp (PMBC) in the first quarter.

The cost of shedding troubled loans weighed on First Mariner Bancorp (FMAR) in the first quarter, with the $1.3 billion-asset parent of First Mariner Bank in Baltimore losing $2.3 million in the three months that ended March 31.

A modified version of Ed DeMarco’s securities-based model for housing finance reform could promote an active market for risk-sharing arrangements and further reduce systemic risk by distributing credit risk broadly.

HSBC will eliminate as many as 14,000 more jobs as Chief Executive Officer Stuart Gulliver set out plans to cut an additional $3 billion of costs as he tries to revive profitability.

Interchange fees often take the spotlight in discussions about card acceptance costs, but they are just one of many factors in the increasingly complex system that determines the price merchants pay for taking plastic cards.

State regulators seized a third bank unit of Capitol Bancorp., $31.6 million-asset Central Arizona Bank in Scottsdale, Ariz, in a rare Tuesday failure.

ATLANTA – Despite the hype around mobile, bricks and mortar still play a key role in financial consumer satisfaction and retention, according to a recent survey.

Citigroup (NYSE:C) is selling its Brazilian credit card and consumer finance business to Banco Itaú Unibanco.

Michael Harrington will succeed current CFO Drew Hostetter, who plans retire at the end of the year, the $18 billion-asset company said Tuesday. Hostetter has held the position since 1996.

Independent Bank Corp. (INDB) agreed to acquire Mayflower Bancorp (MFLR) in its second deal for a Massachusetts company in the past year.

Green Dot’s aptly named mobile consumer checking account, GoBank, is leaving beta this summer and launching to a general audience over the upcoming Fourth of July.