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Pep Boys' early results suggest there is something to the argument that successful mobile wallets are more about relationship-building and less about payments.

Square wants to ease the anxiety many small merchants may feel around no-shows when they accept online appointments for their businesses.

Jefferson Security Bank in Shepherdstown, W.Va., has promoted Cynthia Kitner from chief financial officer to chief executive.

Santander Bank in Boston said Wednesday that it has hired two regional market presidents who formerly worked for JPMorgan Chase: Sarah Lindstrom and Elsie Leon-Cruz.

Getting CIT back on track could be a legacy-defining assignment for veteran banker Alemany, in much the same way as the firm’s turnaround after bankruptcy was viewed as a chance at redemption for John Thain. Success would be no small feat.

Starbucks is prepared to launch a new Starbucks Rewards Prepaid Card with partner JPMorgan Chase, further strengthening its ongoing relationship with the bank.

CIT Group laid out plans to boost profitability and cut costs as Ellen R. Alemany takes over as chief executive officer of the commercial lender from John Thain, who's stepping down at the end of the month.

With its reputation for welcoming software developers with open arms solidified two years ago through its acquisition of Mercury Payment Systems, Vantiv Inc. is looking for the next way it can attract and enable innovation.

Minneapolis' new transit deployment seems limited and even old school—it's a closed loop payment system that's only available on buses and not on the Twin Cities' expanding light rail system.

Bakhshi, who takes over as CEO in June, brings with her a track record of innovation and a reputation for getting the most out of her teams.

Many moons after the U.S. payment industry adopted a largely chip-and-signature approach to EMV instead of chip-and-PIN security that’s standard elsewhere, rising merchant chargebacks are leading some to question the wisdom of PIN-free payments.

If an independent sales organization wants to convert a merchant to the most current faster payment technologies, the ISO itself must practice what it preaches.

In an interview with American Banker, KeyCorp Chief Executive Beth Mooney discusses why the bank struck a $16.5 billion agreement to expand low- and moderate-income lending, and details of the negotiations involved.

Nandita Bakhshi will become CEO of the $76 billion-asset Bank of the West, and a study finds JPMorgan Chase is the most ideal bank for women. Still, it seems as if lip service lives on when it comes to gender diversity, even where Dodd Frank is concerned. Would contentious SEC nominee Hester Peirce change that? Also, how job sharing could help more women rise through the company ranks.

A cybersecurity panel at the Women in Finance and Technology Symposium Thursday explored ways to enhance communication and collaboration between different branches of government working to strengthen the nation's cyberdefenses.

The Office of the Comptroller of the Currency has named a new head of banking supervision and a compliance and community affairs deputy.

D+H Corp. and The Clearing House are partnering to provide real-time payments to U.S. financial institutions.

Consumers who have been issued EMV chip cards know how to use them. So it might come as a surprise when merchants equipped with chip card readers instruct their customers to swipe their cards instead.

Bank of the West in San Francisco announced Wednesday that it has named TD Bank executive Nandita Bakhshi as its next president and chief executive.

Terminal maker Ingenico Group has named Suzan Denoncourt as its managing director for all aspects of operations in Canada.