Banking

Bitcoin and similar rogue digital money exploit the public appetite for an alternative to traditional banking. To stave off this threat, central banks should embrace secure, well-regulated digitization of fiat currencies.

Stubborn regulators. Delays and cancellations. Unpredictable shareholders. Those are just some of the stomach-churning obstacles that have made guts and a bit of luck key ingredients in successful bank dealmaking.

Some bankers are still in denial over how much their industry is disliked and mistrusted, even in the postcrisis, post-Occupy Wall Street era. A panel discussion with Raj Date, Eliot Spitzer and Robert Wolf highlighted how much work remains to be done.

The banking industry backs a controversial cybersecurity bill, saying it would give them timely information needed to fend off cyberattacksm, while civil liberties groups charge the bill lacks safeguards to protect people's privacy.

Miami Dolphins fans would no longer have to tackle big crowds at the concession stands if Sun Life Stadium can put a plan in place to use mobile apps to order and pay for food.

The Silicon Valley startup, which recently raised $15 million in seed funding, is creating the infrastructure behind a complicated standard created by an association supported by PayPal and Lenovo, among others. This is the third in our series of profiles of six up-and-coming fintech startups.

Smoothie maker Jamba Juice Co. built its menu around variety and customer choice. Its approach to mobile payments is no different.

Profit fell slightly at Huntington Bancshares on fewer gains from loan sales last quarter.

The Federal Reserve Board said Wednesday that the independent consultant overseeing payments to millions of consumers as part of its mortgage settlement had fixed problems that had caused troubled borrowers' checks to bounce.

Congress can certainly help, but regulators must recognize that they have a structural oversight problem and need to develop remedies on their own.

Bank of America's Countrywide unit agreed to pay $500 million to settle a lawsuit over billions of dollars in residential mortgage-backed securities that were downgraded to junk.

The House of Representatives on Wednesday is expected to pass controversial legislation that aims to deter cyberattacks.

Fees and commissions provided a silver lining for BancFirst in Oklahoma City last quarter.

Raj Date, the former deputy director for the Consumer Financial Protection Bureau, has started a bank advisory firm that will focus on consumer finance issues, including assisting mergers and acquisitions through private equity partnerships.

Bank of America (BAC) reported a jump in first-quarter profit that missed some analysts' estimates as lower mortgage banking income slowed the company's turnaround. The shares dropped 3.3 percent in early New York trading.

The prepaid card industry has a lot to teach the companies that handle virtual currencies, as the Bitcoin economy begins to attract the same regulatory scrutiny prepaid cards received over the past several years.

Poorly written regulations from the Department of Housing and Urban Development are at the crux of a force-placed insurance fight between lenders and homeowners, federal judges declared at a hearing earlier this month.

Fulton Financial (FULT) in Lancaster, Pa., reported a slight increase in quarterly profit as better credit quality and higher securities gains offset revenue declines.

ING U.S., the American insurance unit of ING Groep (INGA), plans to raise as much as $1.54 billion in an initial public offering as its Dutch parent focuses on operations at home.

Jacoby Dickens, majority owner and chairman of Seaway Bancshares, died Sunday at his home in Fisher Island, Fla., Crain's Chicago Business reported.