Banking

Small retailers still aren’t catching on to the Payment Card Industry data security standards, according to recent survey results.

JAMESTOWN, N.D. -- First Community CU, the state’s largest credit union, is opening a new branch in Fargo.

FITCHBURG, Mass. – Workers’ CU has opened inside Hannaford Supermarket in Chelmsford, the credit union’s 15th branch.

There have been some new twists in the strange case of an alleged attempt to blackmail Mitt Romney for $1 million in bitcoins, raising additional legal questions about the digital currency.

Raj Date, CFPB's second in command, said he will leave the agency after it finishes writing a number of mortgage rules required under the Dodd-Frank reform law.

The Supreme Court will decide whether merchants have the right to file class actions against Amex over which cards they must honor, or if arbitration clauses bar them from combining forces.

Some banks bucked the trend and others buckled under it. Overall, about two-thirds of publicly listed banks posted quarter-over-quarter declines in margins during the most recent round of earnings reports.

Renaissance Credit, a microfinance institution in Lagos, Nigeria, has launched a cloud-hosted core banking system from Temenos.

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The hurricane's effects have been "really tough for small-business owners," says Ginger Siegel, a longtime business banker and senior executive at PNC.

New technology from Default Mitigation Management is aimed at streamlining the way loan modification documents are moved between borrowers and loan servicers.

Consumers thinking of giving gift cards for the holidays may find a better bargain with store cards instead of those issued by banks and credit card companies.

The old concept of real interest rate return is virtually nonexistent. Banks face temptation to reach for extra yield by taking more risk.

Coinciding with the Veterans Day holiday, mortgage-settlement monitor Joseph A. Smith invited members of the military and veterans to report their complaints of abuses by mortgage servicers.

Polonia Bancorp in Huntingdon Valley, Pa., has finished its stock offering and second-step conversion to a stock-owned company.

Privately owned banks do not report to the SEC, but they can face challenges if they need capital. This list looks at banks with a physical retail presence and stock that cannot be readily traded on a stock exchange.

Pano Logic, the once-promising company that was at the forefront of the desktop virtualization movement, has shut down.

Expanding its partnership with ChinaPay, Western Union is allowing institutions of higher education and universities to accept student fees and international tuition in the Chinese Renminbi.

Discover Financial Services’ Pulse PIN-debit network has joined the card brand’s EMV migration timetable, establishing requirements for point-of-sale acquirers and processors to handle smart-card payments.

TandemMoney won praise for making its small-dollar credit offering conditional on borrower savings. Critics saw its product as just another payday loan. Scrutiny from regulators did the company in.