Californias $3.1 billion Kinecta Federal Credit Union, party to a delayed mega-merger with the $1.1 billion NuVision CU, is in recovery mode this month, tending to a battered mortgage portfolio.

The examination process at the NCUA went on trial last week. Not before a court but before Congress, though it could end up in court, too, if legislation in Congress makes it through to law. The Financial Institution Examination Fairness and Reform Act (H.R. 3461) would create an ombudsman within...

Fiserv Inc. said its ACCEL/Exchange payments network saw a 29% increase in volume last year over 2010, setting a new mark of more than 1.5 billion point-of-sale and ATM transactions.