Retail & Commercial

Seth Waller, most recently a consumer credit officer at U.S. Bancorp, has joined EverBank in Jacksonville, Fla., as its first chief credit officer.

Starbucks plans to accept purchases from the Square mobile wallet beginning next month, and it also plans to list all 7,000 of its company-owned stores in the Square directory, the Seattle-based coffee seller said.

First Niagara Financial Group (FNFG) in Buffalo is cutting about 180 jobs throughout its four-state region, the bank confirmed Thursday.

Google updated the online portion of its Google Wallet product this week to allow micropayments for digital content, with a short window for refunds.

As new mobile-wallet systems appear and old ones fade, many are asking who will win the “mobile wallet wars.” According to the mobile-pay venture Isis, there may never be a clear winner.

Travelocity is using software tools from Jumio to accept card payments in its lastminute.com hotel deals app.

Consumer delinquencies, which were already at relatively low levels, fell even further in the second quarter of the year, according to a new report from the American Bankers Association.

The payment hierarchy is dynamic. Lenders using historical payment models to set strategy risk significant exposure on their existing loan portfolios as well as on acquisition opportunities when consumer preferences inevitably shift.

The future is bright for mortgage servicers, but his PE firm agreed to sell Homeward Residential to Ocwen because it had held the investment long enough — and owning stock in a bigger servicer will pay off, billionaire Wilbur Ross said.

Small-bank executives sound call for stronger firewalls between financial activities, but many say a straight return to the Depression-era law could have unintended consequences, including to their own business.