Banking

The $630 million-asset company has agreed to buy Potomac Mortgage Group in northern Virginia for $19 million in cash and stock.

While there are worries that an eventual rise in interest rates will hurt real estate prices, experts in multifamily housing also believe that the market's fundamentals are solid.

Heritage Oaks Bancorp (HEOP) in Paso Robles, Calif., has appointed a longtime financial manager as its chief financial officer.

Just when you thought it couldn't get any nastier between banks and credit unions, the credit unions are opposing a TAG extension that many small banks have been pushing for.

Isis, mobile-pay venture formed by AT&T, Verizon Wireless and T-Mobile, has signed two deals that would allow consumers to use its Near Field Communication-based mobile wallet at vending machines that accept cashless payments.

Senator-elect Elizabeth Warren successfully beat out GOP incumbent Sen. Scott Brown securing herself a spot on the Senate Banking Committee.

Senator-elect Elizabeth Warren has secured a spot on the Senate Banking Committee and she'll be joined by Sen. Joe Manchin, according to a Democratic Senate aide.

Banno's financial decisionmaking software will work with ProfitStars' bill payment and mobile deposit tools.

Better communication can improve the relationship between banks and their regulators.

A sharp rise in noninterest income — including gains on asset sales — helped banks and thrifts record their best quarterly earnings total in six years, the Federal Deposit Insurance Corp said Tuesday.

Banks have at times been urged to design their own wallets instead of working with third parties — but going it alone may not always be the best approach.

The $6 billion-asset company based in Indiana, Pa., said Monday it has appointed Jon Gorney as a director.

U.S. Bank has partnered with Carlson Rezidor Hotel Group to offer a new rewards card.

Coastal Bank & Trust in Jacksonville, N.C., has signed on to use nCino's nCommercial software to improve its commercial lending process.

Bankers had long paid Equifax and the credit-services unit of Computer Sciences for the same credit reports. Now that they are poised to merge, banks could push for lower fees, experts say.

An online-bank board's appointment of John Keach Jr., a community banker who had to sell his bank this year, provides a ray of hope for industry veterans.

A lawsuit that charged three ratings agencies with wrongdoing in the sale of mortgage-backed securities cannot advance, a federal appeals court in Ohio has ruled.

Stewart Larsen, Bank of the West's head of mortgage lending, still frets about pending regulation, but he prefers to stay focused on matters he can control.

Adyen's excitedly touting its new chip card mobile payments reader. Its potential competitors in the U.S. have responded with a shrug.

Bank Technology News editors have selected the ten companies that will be making waves in financial technology in 2013.