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The speculation is that Maria Vullo, who is waiting to be confirmed as New York's new banking superintendent, is less interested in being on the 6 o'clock news than Ben Lawsky was. A study shows that companies sap women of ambition to advance within two years, an effect that doesn't happen with men in part because they tend to get more encouragement. But is it any wonder women feel that way when — even now, it appears — they might get fired for refusing to wear high heels at work? Also, Sallie Krawcheck, Sheila Bair and Elizabeth Warren.

More than seven months after the EMV liability shift, the majority of U.S. retail locations still haven’t upgraded their payment terminals to accept chip cards, with some small and midsize businesses citing the difficulty of getting their equipment tested and certified by appropriate organizations.

While Walmart's lawsuit against Visa this week centers on authorization and routing methods, the Debit Network Alliance LLC — a group of independent debit networks — is also taking issue with EMV routing in addressing how terminal software is handling the choices presented to consumers.

BMO Harris Bank in Chicago has hired a former M&T Bank executive as its chief information officer.

Citigroup is testing Bluetooth beacon technology in a pilot that gives customers cardless access to branch ATMs after business hours, among other services.

Walmart and Visa have had a long and volatile relationship, and the retailer's latest lawsuit against the global card brand gives voice to a struggle that many other companies are too small to fight.

To expand the reach of its global e-commerce services, Ingenico ePayments is building up a vast network of connections to merchant acquirers, hoping to gain a competitive edge as the demand grows for omnichannel payments.

Sallie Krawcheck unveiled Ellevest, a digital investment platform for women and the latest of her female-oriented ventures, on Wednesday.

Merchants that now accept EMV-chip cards at the point of sale are not happy with the user experience, and First Data sees itself in a position to help.

The 'app economy' is getting larger by the year, and a team of entrepreneurs firmly rooted in the payments establishment sees big trouble ahead when it comes to facilitating transactions.

Square's practice of using its merchant transaction data for risk analysis may seem innovative, but other other agile specialists—including Intuit—are finding ways to use new data streams to limit risk and deliver funds to borrowers.

Square Inc. shares fell as much as 20 percent on concerns about financing for its small-business customer-loan program, a service that had been viewed as a growth area for the digital-payments company.

Square Inc. reported first-quarter revenue that topped analysts’ estimates, suggesting the digital-payments business can keep growing amid increasing competition from PayPal Holdings Inc. and Apple Inc.

Ellen Alemany stays the course on CIT's turnaround strategy; Robin Rankin of Credit Suisse talks about when investment banks should re-enter emerging markets; and Sallie Krawcheck talks about the opportunity for career women to become entrepreneurs.

Department store chain Kohl’s has stitched together two of the most frustrating elements of checking out: adding loyalty points at the same time the payment goes through.

Global EMV consultant and system tester Fime will provide end-to-end certification services for terminals and acceptance systems using the Discover Network and Diners Club International payment applications.

It didn't take long for Karen Parkhill to re-emerge after her sudden departure from Comerica in Dallas. Parkhill was named chief financial officer at Medtronic, a medical technology company based in Dublin, Ireland.

Five years ago, Dwolla took its ambitious approach to speeding up payments to financial institutions, viewing banks as a core audience in need of modernizing its aging infrastructure. But more recently, the company had to make a sharp course correction in its strategy.

The $69 billion-asset company in Dallas said in a press release Tuesday that Karen Parkhill resigned on Friday to "pursue other opportunities." Parkhill, who had also been the company's vice chairman, had been with Comerica since 2011.

Banks and their merchant clients face a costly problem stemming from how prepared they are to deal with attacks that sidestep the point of sale.