Merchant

Another leading company in the turbulent online lending sphere has replaced its chief executive officer.

Big data was supposed to unleash a lot of powerful insights for banks, but many financial institutions still haven’t found a way to harness their own data because the amount of available information is so vast.

CAN Capital said Tuesday that CEO Daniel DeMeo has been placed on a leave of absence. Parris Sanz, the company's chief legal officer, is now serving as acting CEO.

Financial industry groups have rolled out a plan for keeping bank customers' data safe if a mega-disaster, like a massive attack or a natural disaster, strikes.

Bank of New York Mellon has created a dedicated innovation group for launching new technologies in its treasury services unit.

Retailers are adding e-commerce services quickly, but older technology systems are making the migration difficult.

Verifone has extended its partnership with Worldpay, allowing the terminal manufacturer to provide point of sale software and hardware to Worldpay customers in the U.K.

Whether or not retailers are properly guarding their payment hardware and their in-store networks, a bigger issue might just be the workers who have access to retail organizations' data — including both regular staff and temporary holiday workers.

The spread of new payment technology and omnichannel commerce are changing the way people shop during the holiday season, even in brick-and-mortar stores. Here are a few noteworthy trends this season.

Rebellious retailers are fighting to halt the reverse creep of Black Friday into Thanksgiving Day.