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There is a whopping $630.5 billion bonanza of holiday shopping projected to occur this holiday season, according to the National Retail Federation. Though if retailers aren't ready to accept chip cards and mobile transactions, they could miss out.

Mobeewave combined two Canadian staples — hockey and contactless payments — to test a technology that allows smartphones to pay 'each other,' and is now taking the concept on the road to other markets.

Class-action lawsuits filed against some of the biggest names in retail banking and payments could prompt financial firms to reconsider their relationships with customers that play fantasy sports.

Embattled online lender CashCall has paid nearly $2 million in restitution and fines for allegedly deceiving and overcharging borrowers, California's Department of Business Oversight announced.

SunTrust Banks in Atlanta has hired Corinne Cuthbertson as a brand, advertising and digital marketing executive.

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Peoples Bancorp in Marietta, Ohio, has hired John C. Rogers as its chief financial officer and treasurer. He starts Nov. 30.

The $1.2 billion-asset company has redeemed the $10.9 million of preferred shares held by the U.S. Treasury Department, plus accrued dividends.

The $938 million-asset company will incur $400,000 in expenses from shutting down the unit, including $300,000 for contract termination costs and $100,000 for severance and employee benefits.

One month after being placed into conservatorship by NCUA, tiny Helping Other People Excel Federal Credit Union, which had been embroiled in a Bitcoin money laundering scheme, was liquidated by the regulator.