Banking

Online merchants reacted to Visa's creation of 3D Secure to protect card-not-present transactions more than a decade ago with a resounding thud. But the software has become a viable option to protect card data online, according to a new report from Aite Group.

The new numbers add to a growing body of evidence suggesting that the U.S. housing sector is slowly rebounding.

Salisbury Bancorp (SAL) in Lakeville, Conn., has found a chief financial officer.

The April 1, 2013 deadline for U.S. acquirer processors to accept EMV smart-card payments has arrived.

The $558 million-asset company said Monday that it would use proceeds from the sale to retire its senior debt and support its balance sheet.

Howard Bancorp (HBMD) in Ellicott City, Md., is buying a branch from Cecil Bancorp (CECB) in Elkton, Md.

The U.S. government is resisting an effort by Standard & Poor's to move to the federal level a string of lawsuits by states that charge the ratings agency with misleading investors.

Visa Inc.'s John Partridge, who retired as president of the world's largest payments network in March, will receive a base salary of $50,000 a month to remain with the company and work on special projects.

Midwestern grocery store Schnucks said over the weekend that its terminals were being used by criminals to capture customers' credit card information at the checkout counter.

JPMorgan Chase took to Twitter on Monday afternoon to tell customers its website was "experiencing intermittent issues" and to recommend customers use its mobile service while the company worked it out.

Fewer bank deals were struck in the first quarter compared with a year earlier and the fourth quarter, despite increasing optimism about consolidation and the economy.

Bank divisions of The Royal Bank of Scotland Group suffered from a mobile banking app glitch for a few hours late last week. The outage affected mobile banking customers at RBS, NatWest and Ulster Bank.

A unit of EverBank Financial (EVER) has sold more than $300 million in mortgage-backed securities.

The Federal Deposit Insurance Corp. took enforcement actions against four banks last month tied to inadequate capital, compliance shortcomings and other matters, according to a series of orders released Friday.

First BanCorp (FBP) in San Juan, Puerto Rico, is raising $201 million through three separate sales of commercial loans.

First Citizens BancShares (FCNCA) in Raleigh, N.C., has named a former Royal Bank of Canada (RY) executive to be its chief financial officer.

The Minneapolis bank is adding new imaging and location-aware features to its mobile banking apps.

Pittsburgh, Madison, Wis. and Tulsa, Okla., also ranked high in Nerdwallet's inaugural ranking of the 10 best cities for banking customers.

Examining trends in spend activity provides a clear indication of customer engagement, which gives you a keen sense of the overall health of the business.

Columbia Banking System (COLB), Prosperity Bancshares (PB), Crescent Financial Bancshares (CRFN) and Bell State Bank & Trust completed acquisitions Monday.