Banking

The second-largest payments network, which reported $772 million in third-quarter profits on Wednesday, has room to grow internationally.

MasterCard, which reported $772 million in third-quarter profits on Wednesday, has room to grow internationally.

For Citigroup, which is overhauling its credit card program after the financial crisis, Private Pass is an attempt to stand out in the increasingly competitive field of card issuers.

Tech analysts say the challenges of dealing with exceptions and screen sizes are major issues for new imaging apps such as automated bill payment and mobile loans.

EMC has agreed to buy Silver Tail Systems, a privately held company that helps clients fend off fraudsters and Web-based attackers.

Federal bank regulators gave their examiners new guidelines Wednesday for supervising technology service providers.

MasterCard posted a third-quarter profit that beat analysts' estimates as U.S. consumer spending increased.

Vantiv (VNTV), the payments processor, is buying Litle & Co., which processes payments for companies that sell to goods and services to consumers via the Internet, for $361 million.

Ally Financial said Wednesday that it has repaid $2.9 billion of debt issued under the Federal Deposit Insurance Corp.’s Temporary Liquidity Guarantee Program.

Just as it has done in the past for other charities, Wells Fargo (WFC) is allowing its automated teller machine customers to donate to the American Red Cross in the wake of Hurricane Sandy.

Fundtech announced Tuesday that its payments platform is compatible with two Oracle (ORCL) database products.

Bubble-era claims about the various ways that owning a house could make you and your children happier are coming back to life.

Swift, the international payments messaging group, has added one of the world’s biggest banks to its network to connect to a European securities settlement system.

Operations began to return to normal for JPMorgan Chase and Bank of America on Wednesday in areas hard hit by Hurricane Sandy.

A breakdown of M&A announcements in the financial services industry for the week ended Oct. 27

Parkmobile USA, a company that accepts mobile payments for parking charges, is facing a backlash after blaming its fee increase on a recent cap to debit card interchange rates.

Why are there so few women at the top ranks of large banks? One factor: they lose hope. That needs to change, editor-at-large Barbara Rehm says.

First National Bank has agreed to buy City National Bancshares in a deal between Nebraska banks.

First Midwest Bancorp (FMBI) in Itasca, Ill., reported a third-quarter loss after it too steps to resolve $223 million of nonperforming and potentially problem loans.

In a recent survey by the Banking Industry Architecture Network, 78% of bankers said they believe the adoption of a services-oriented architecture will result in a 25-50% reduction in banking IT costs.