Banking

The model for the future is simple: Provide easy access across multiple channels to improve the customer experience.

Discover Financial Services will pilot Natural Security’s hands-free biometrics payment system at its Riverwoods, Ill., headquarters, the companies announced this week.

It's a mobile world, and more and more consumers are hoping to use their devices to take care of their banking business. Indeed, new research shows that 80% of those surveyed say mobile banking is important.

Yorktown Financial Holdings in Tulsa, Okla., has agreed to buy CNBO Bancorp in Pryor, Okla.

The company is enabling broader access to its platform to let banks provide small businesses with a complete view of their financial situation.

President Barack Obama's re-election is fueling investor concern that homeowner refinancing is set to increase after debt yields tumbled and amid speculation his administration will pursue more aggressive measures to boost the housing recovery.

In advance of Veterans Day, Wells Fargo announced Thursday that it is committing $35 million over three years to assist current and former members of the U.S. military.

An investor group that includes a former executive of Ohio State Bank and Commercial Savings Bank of Ohio has reached a deal to buy Citizens Bank of De Graff.

Capital is important, but ample loan-loss reserves, governed by stringent supervision, are a much more direct, responsive way to account for credit risk.

JPMorgan Chase reached a settlement with the SEC to resolve two investigations related to mortgage-backed bonds handled by JPMorgan and Bear Stearns, which the bank acquired in 2008.

A requirement by Valley National Bank in Tulsa that branch visitors remove anything covering their faces discriminates against Muslims, a civil liberties group says.

Roughly three months after announcing its investment in the Silicon Valley startup, Starbucks has begun accepting mobile payments through Square’s digital wallet.

Several months after Starbucks announced it was investing $25 million in Square, it has begun accepting the mobile-pay company's digital wallet at its roughly 7,000 retail stores.

American Express has been inching its way downmarket through a series of partnerships with companies involved in social media and online games. Its latest move may be its biggest yet — Amex is paying cardholders for playing and completing the latest installment in the massively popular Halo video game series.

Union Bank said that Dana Edwards has joined the bank as chief technology officer while Meera Rao has joined as chief enterprise architect. Both came to the San Francisco bank from Bank of America.

WICHITA, Kan. – Wichita FCU on Saturday will break ground on a 10,000-square-foot facility in East Wichita that will be its main branch.

Enterprise Financial Services (EFSC) in St. Louis, Mo., has repurchased the $35 million of preferred stock it had issued to the Treasury Department under the Troubled Asset Relief Program.

Peapack-Gladstone Financial (PGC) in Bedminster, N.J., said that it doesn't expect any material losses tied to damage Hurricane Sandy inflicted on collateral properties.

Standard Bancshares in Hickory Hills, Ill., announced on Wednesday that it had entered into a set of definitive agreements with a consortium of private-equity investors for more than $130 million.

The elections on Nov. 6 mostly delivered the status quo, but raised a host of questions about how lawmakers will tackle the fiscal cliff, big bank breakups and housing finance reform.