Banking

In an effort to make its style of alternative mobile and online payments more accessible, Dwolla launched several new features.

Here we find a bank president, who makes a loan commitment over a martini - if I may be facetious - without even looking if there is an olive in the glass.

Bank of Hawaii (BOH) in Honolulu will exit the American Samoa market in the first quarter by closing its two branches in the U.S. territory.

The mobile-payment provider Spindle has entered an agreement with the point of sale technology distributor Integrated Payments to offer its mobile commerce system to Integrated Payments' clients.

Shortly after Microsoft's October 26 launch of Windows 8, Bank of America came out with a mobile banking app for the radically redesigned, touch-enabled operating system.

The processor Planet Payment Inc. has begun offering its iPay payment gateway to customers of the e-commerce platform provider Magento.

Citigroup has managed to train the chief executives of a number of leading banking and card network execs over the years, despite its well-documented troubles.

Fannie Mae and Freddie Mac are taking steps to help borrowers facing foreclosure remain in their homes for the holidays.

UnionBanCal in in San Francisco has completed its $1.5 billion purchase of Pacific Capital Bancorp (PCBC) in Santa Barbara, Calif. The deal, which the companies announced in March and closed Saturday, merged the $5.9 billion Santa Barbara Bank & Trust into the $88.2 billion Union Bank, which is wholly owned by Bank of Tokyo Mitsubishi UFJ Financial Group Inc.

The acquisition will add more than 1,500 mortgage risk specialists to service provider MphasiS and help the company provide more intense mortgage risk analysis.

Nicolet National Bank in Green Bay, Wis., is buying Mid-Wisconsin Bank of Medford in a deal that would combine one of the state's oldest banks with one of its newest.

ROCKY HILL, Conn. – In an age when credit unions are touting mobile banking, Nutmeg State FCU is bringing the branch to its members in a different way.

Equifax (EFX) has agreed to buy the credit services business of Computer Sciences (CSC) for $1 billion in cash.

The money in TAG accounts is the hottest of the hot. If interest rates rise, these funds will disappear, hurting liquidity and capital for the banks that use the program.

Adyen is launching a portable card reader that accepts both mag-stripe and EMV chip-card payments — the latter a feature that’s still rare in the U.S. even at hard-wired point of sale terminals.

One in three consumers say they would consider a mortgage from Walmart while 48% would consider a mortgage from PayPal, according to a study released Monday by Carlisle & Gallagher.

A bankers' association could set up a panel charged with the responsibility of reviewing every claim made against a member and determining whether it had merit.

JACKSONVILLE, Fla. – Jax FCU plans to open a new branch in the town of Mandarin after the first of the year.

WICHITA, Kan. – NCUA urged a Federal court here Friday to reject a request by JP Morgan Chase to stay its suit against the Wall Street bank for the failure of U.S. Central FCU and WesCorp FCU, arguing a stay would risk the elimination of key documents in the case and delay the potential payout of hundreds of millions of dollars in damages to credit unions.

Bank of America, the nation’s second-biggest bank by assets, has decided to postpone until late next year plans to boost charges on checking accounts that could have hit 10 million customers this month, The Wall Street Journal reported Saturday.