Banking

The Federal Reserve Board has lifted an enforcement action against Central Pacific Financial in Honolulu, Hawaii.

Rep. Maxine Waters has asked regulators for additional information regarding the work some consultants did as part of the troubled independent foreclosure review process.

Wells Fargo hired Dr. Ronald Leopold from MetLife to oversee a medical-benefits push as the largest U.S. home lender expands amid President Obama's health-care overhaul.

Banking technology firm Calypso has expanded its quantitative staff with the addition of a new director of financial engineering.

Banks in the Southeast are continuing to shrink their loan portfolios as they grapple with past miscues.

The Payment Card Industry Security Standards Council has published its latest data security guidance for merchants accepting payments with smartphones or tablets.

By any measure, a 60-user rollout is small. But it gives MasterCard Inc. a MasterCard Mobile Wallet test that touches many Coles supermarkets across Australia.

Fiserv has launched an online portal designed to provide a simpler and more cost-effective way for financial institutions to monitor their performance and risk.

Southern BancShares has agreed to acquire Heritage BancShares in Lucama, N.C., for cash and stock, the companies announced Friday. The deal is expected to be completed in the second quarter.

With the clock ticking for ATM owners to begin accepting EMV chip cards, BPC Banking Technologies plans to bring software to the U.S. to help banks navigate the complex conversion to smart-card technology on their ATM fleets.

The bank has begun providing account balance forecasts for interested online banking customers, signaling a continuing trend of financial services players offering consumers deeper insights into their own transactions.

Attendees at this year's American Bankers Association conference for community banks want to exude confidence but worries over proposed capital requirements still have them spooked.

The regulator has missed the deadline for adopting rules that would make it easier for firms to raise capital from individual investors.

Wells Fargo & Co. announced Monday that it's revamped its automated teller machine user interface, creating new features and streamlining the device's design.

File-sharing website Mega has begun accepting bitcoins to pay for its storage subscriptions, its controversial founder Kim Dotcom announced over Twitter last week.

Payment servicer Verifone will be supplying 3,200 payment terminals to Galeries Lafayette.

Citigroup Inc. has entered an agreement to buy the Best Buy private-label card portfolio, which has about $7 billion in loans, from Capital One Financial Corp. Citi has also agreed to issue and manage new Best Buy-branded cards in the U.S.

Citigroup Inc. has entered an agreement to buy the Best Buy private-label card portfolio, which has about $7 billion in loans, from Capital One Financial Corp. Citi has also agreed to issue and manage new Best Buy-branded cards in the U.S.

F.N.B. Corp. (FNB) in Hermitage, Pa., will enter Cleveland after agreeing to buy PVF Capital (PVFC) for roughly $106 million, or $3.98 a share, in stock.

Ally Bank is selling a mortgage business to Walter Investment Management.