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Total System Services has signed a long-term acquiring agreement with Irving, Texas-based Anovia Payments.

Target has emerged as a leader in store-branded debit cards. The goal of such cards is to use data analytics and discounts to cement customers’ loyalty.

A new group of payment terminal providers will add Isis’ specifications for payments and loyalty programs, enabling the telecom-driven mobile wallet to reach approximately 90% of the addressable market for point of sale hardware in the U.S.

Elavon has hired Realex Payments to provide a number of digital payments services for the Elavon Payment Gateway in Europe.

In an effort to shield merchants looking to expand into new markets, PayPal will launch an expanded seller protection policy for the Asia Pacific region on Oct. 11.

Citibank has agreed to pay $55,000 to settle a complaint by the Connecticut attorney general that the bank was aware of a security flaw in its online banking service that resulted in hackers obtaining payment card data and stealing about $2.7 million.

Holly Schreiber will step down Wednesday as chief financial officer of 1st Financial Services in Hendersonville, N.C. She will remain as a consultant while its sale to First Citizens BancShares (FCNCA) is being completed.

Marie Blake now oversees the $13.1 billion-asset company's regulatory compliance department, it said Tuesday.

U.S. merchants are in for a rude awakening if they do not prepare for the spike in e-commerce fraud that will likely follow the shift to EMV-chip cards at the point of sale.

The terminal swapouts that accompany the EMV chip-card migration in the U.S. should help VeriFone recover from its performance slump, according to Northcoast Research.

The St. Louis-based grocery chain Schnucks Markets Inc. continues to face legal woes, four months after disclosing that up to 2.4 million credit and debit card numbers were exposed in a data breach initiated last December.

MasterCard, C-SAM and DNP are preparing to launch a white label mobile wallet service in Japan.

E-Commerce services provider Digital River is launching a mobile payment acceptance product called Beanstream Mobile.

Online and mobile payments processor WePay's has seen the number of developers using its application programming interface (API) grow by 284% in the past year.

In a crowded field of Square-like vendors, the Berlin-based SumUp hopes to stand out by virtue of its executive experience, its strong partnerships and funding, and a more comprehensive role in developing its own hardware as well as its software and services.

Rosemary Berkery, who heads UBS's U.S. bank, knows her commercial banking rivals are gunning to win away the bank's super-rich clientele. In an interview, she explains how UBS is fighting back by offering wealthy customers new banking products, like mortgages and credit cards.

Twitter's decision to hire a head of commerce signals that the company plans to play a significant role alongside the many companies that have sought to transform the social media site into a platform for payments.

Wells Fargo's (WFC) regional president of Florida operations has been promoted to a national executive.

Janet Yellen and Larry Summers are in the lead for Federal Reserve chairmanship, but with all the other names that surfaced (or resurfaced) in recent days—Donald Kohn, Roger Ferguson, Christina Romer—who knows what the field will look like by September.

PayPal has made its portable chip-and-PIN card reader, called PayPal Here, available to all merchants in the U.K.