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A new Federal Reserve Bank report opens the door for retailer groups to push again for even lower transaction fees by deflating the argument that small banks have been harmed by the Durbin amendment's reduced debit transaction fees for larger banks.
March 4 -
Apple Pays struggles to build its user base are nothing compared with the labors of Sionic Mobile, which has been on a six-year odyssey of inventing and reinventing its mobile payments app.
March 4 -
A significant gap remains between the credit scores of women-owned companies and those owned by men, according to a Biz2Credit.com survey.
March 3 -
Carver Bancorp in New York has named Christina Maier its chief financial officer. Maier succeeds David Toner, who resigned from the $754 million-asset bank last month to pursue other opportunities
March 3 -
New requirements and guidance from the Payment Card Industry Security Standards Council will be released to merchants in April, which is about six months earlier than its normal update cycle.
March 3 -
Of all the initials small to mid-sized merchants hear during the digital payments migration"EMV," NFC," "mPOS"an older abbreviation may finally pry open the door to widespread payments automation: CRM.
March 3 -
Planet Payment and Visa have formed an agreement to deliver a payment processing platform to acquirers and merchants worldwide.
March 2 -
Hancock Holding in Gulfport, Miss., has nominated the chief financial officer for the city of Tampa, Fla., to join its board.
March 2 -
The U.K.'s new MoneyGram Plus card seems at first like a standard loyalty card, but to MoneyGram it is a way to streamline the long and repetitive task of initiating a transfer through an agent.
March 1 -
The blockchain startup Digital Asset Holdings has added Sallie Krawcheck to its board.
March 1 -
The U.S. migration to EMV chip cards has been rough, according to U.K.-based Creditcall, which hopes its new certification from First Data can smooth things out.
March 1 -
Quick service restaurants often have to make technology decisions faster than other restaurant categories, and the regional fried chicken chain Zaxby's is no exception.
March 1 -
Five months after the U.S. EMV liability shift for counterfeit card fraud went into effect, most restaurants aren't processing chip cards, and that's not changing anytime soon, according to a top executive at Heartland Payment Systems.
February 29 -
Pacific Mercantile Bank in Costa Mesa, Calif., announced four executive promotions Friday.
February 26 -
Capital One Financial in McLean, Va., has added Amazon's former chief information security officer to its board of directors.
February 26 -
Through a partnership with fraud prevention provider Ethoca, Total System Services Inc. is offering card issuers and merchants a new tool to prevent e-commerce chargebacks.
February 26 - Rhode Island
Nancy Shanik, who had been Citizens' chief risk officer since 2010, will retire on May 31. Malcolm Griggs will succeed her on April 1.
February 25 -
U.S. consumers remain unimpressed by mobile wallets and annoyed by EMV, so something has to give at the point of sale. That something could be coupons.
February 25 -
JetPay, a payments processor and provider of card services, has agreed to buy CollectorSolutions, also a payments processor.
February 24 -
Univest in Souderton, Pa., has hired Megan Duryea Santana as general counsel for the company and its banking subsidiary, Univest Bank and Trust.
February 23
