Last year, IdentityMind Global's banking partners began asking the anti-fraud and risk management provider to build an anti-money laundering system for the Bitcoin startups among the bank's clients. IdentityMind Global has now completed development on this AML technology.

Popular (BPOP) in San Juan, Puerto Rico, could be looking to sell its banking operations in Chicago and Los Angeles.

A new report by the World Privacy Forum describes the proliferation of "consumer scores" and calls for rules that would make them more transparent to the public. These scores differ substantially from traditional credit scores, which are compiled using loan payment histories from credit reports. Instead, consumer scores rely on other data, such as retail purchase histories, demographic information and social media activity. Consumer lenders use some of them to evaluate loan applicants. Here's a rundown of selected scores and some of the World Privacy Forum's related warnings, including one that calls for updating existing consumer protection regulations.

EBay Inc. now allows marketplace users in the U.S. to sell virtual currency, such as the popular decentralized cryptocurrency, Bitcoin.

The Royal Canadian Mint is halting development of its MintChip digital currency project, according to a report in The Wall Street Journal.

The controversial industry will soon be regulated for the first time on a nationwide basis. Here’s a guide to what's coming.

Peoples Bancorp (PEBO) in Marietta, Ohio, has agreed to buy Ohio Heritage Bancorp (OHHB) in Coshocton.

The rising costs of regulatory compliance, health insurance and technology prompted Mountain Valley Bank to merge with a company that once was its biggest investor.

Clifton Bancorp (CSBK) in New Jersey has named Tricia Cademartori Hrotko to the newly created position of chief revenue officer.

Federal banking regulators have signed off on Umpqua Holdings' (UMPQ) agreement to buy Sterling Financial (STSA).

Programs to help underwater borrowers with second liens are languishing and the Treasury's authority to create and fund new ones under the Troubled Asset Relief Program expired several years ago.

Old Second Bancorp (OSBC) in Aurora, Ill., is tempering its expectations for its planned public offering.

John and Bill Wheeler went as far as giving away foreclosed properties to reduce maintenance fees and bad assets. As a result, State Bank of Countryside has returned to profitability and is ready to start lending again.

Independence Bancshares, (IEBS) in Greenville, S.C., has filed multiple mobile payment patent technology applications with the United States Patent and Trademark Office.

The DOJ's initiative ensures that federal and state laws are not circumvented by predatory lenders … and gives federal authorities a chance to fix a very broken industry.

Opus Bank in Irvine, Calif., has launched an initial public offering that could yield as much as $223 million for the company and its shareholders.

A Montana court has affirmed a jury verdict that had found Comerica Bank (CMA) responsible for putting one of its commercial clients out of business.

U.S. attorneys general launched a multistate investigation into a data breach at a subsidiary of Experian that gave criminals access to consumers' bank account, Social Security and drivers' license numbers.

Wal-Mart Stores, the world's biggest retailer, chose MasterCard to handle transactions for the merchant's store-branded credit cards.

Fidelity Southern (LION) in Atlanta has filed documents that would allow it to issue up to $100 million in stock, warrants and debt.