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Merchants are facing consumer lawsuits stemming from the introduction of EMV-chip card security at the point of sale in the U.S., exposing the issues many stores must contend with now that they are held liable for fraud and chargebacks.
July 5 - PH
Barclays Bankers Found Guilty in U.K. Libor Case
July 5 -
After 22 years with CFE Federal Credit Union, the last 19 as president and CEO, Joseph A. Melbourne, Jr., plans to retire effective March 31, 2017.
July 5 -
Royal Credit Union on Friday said it has entered into a definitive agreement to acquire the Apple Valley, Minn., office of Deerwood Bank.
July 5 -
As we approach the midpoint of 2016, two of the most pressing matters in the payments industry have become more acutethe push for greater transparency and accountability in merchant acquiring and processing.
July 5
Venable LLP -
PayPal is continuing its advance through Europe's mobile payments landscape with partner Vodafone, ending any notion the e-commerce payments giant isn't interested in having a presence through Near Field Communication technology at the point of sale.
July 5 -
The $1.1 billion-asset company said in a press release Friday that it had combined its $492 million-asset CNB in Centreville, Md., and the $615 million-asset Talbot Bank in Easton, Md., to create Shore United Bank.
July 1 -
Banc of California in Irvine has changed its bylaws to allow for majority voting for directors.
July 1 -
For the second time in six weeks, the online lender Avant is taking steps to reduce the size of its workforce.
July 1 -
Franklin Financial Services in Chambersburg, Pa., has find a successor for its chief executive.
July 1



