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Capital One Financial in McLean, Va., has added Amazon's former chief information security officer to its board of directors.

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.

Nancy Shanik, who had been Citizens' chief risk officer since 2010, will retire on May 31. Malcolm Griggs will succeed her on April 1.

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.

JetPay, a payments processor and provider of card services, has agreed to buy CollectorSolutions, also a payments processor.

Univest in Souderton, Pa., has hired Megan Duryea Santana as general counsel for the company and its banking subsidiary, Univest Bank and Trust.

Chase Pay, JPMorgan Chase's mobile wallet, has just landed an unlikely early partner with a history of going it alone: Starbucks.

UBS executive Rosemary Berkery has returned to the Swiss company's U.S. operations after a medical leave.

Texas Capital Bancshares in Dallas has named TSYS Chief Information Officer Patty Watson to its board.

Patricia Watson joined the board of the $19 billion-asset Texas Capital on Friday. Watson has been chief information officer at TSYS, a payments processor based in Columbus, Ga., since September.

Starbucks' loyalty program will soon reward bonus points based on money spent rather than recognizing individual purchases, a change designed to ease workflow and increase participation rather than dilute benefits, company executives said Monday morning.

There is a different feel to the troubles American Express faces today, mainly because its lost Costco relationship represented what might be one of the last of its kind — a deal in which a large retailer gives exclusivity to a certain card brand and tells customers how to pay.

First Sound Bank in Seattle has recruited chief financial and administrative officers from rival banks.

Ally Bank CEO Diane Morais talks about rolling out mortgages and credit cards; there’s talk of putting Sen. Elizabeth Warren on the Supreme Court; the judge in the MetLife SIFI case talks tough to FSOC; the Mean Girls talk really has to go; and how corporate directors talk about the lack of women on boards (warning: men think there aren’t a lot of qualified women, but, um, could that be because their network is mostly male?).

Wal-Mart Stores Inc. has been pushing ahead with EMV card adoption and the Merchant Customer Exchange mobile wallet, but gave little to no attention to them during its Feb. 18 conference call to discuss fourth-quarter earnings.

Only 37% of U.S. merchant locations are fully equipped for EMV card acceptance, narrowly missing a projected 40% rate of deployment predicted by management consulting firm Strawhecker Group, according to research it published Wednesday.

Matt Taylor, formerly the CEO of Mercury and now group president of integrated payments and emerging channels at Vantiv, shared insights into how his company made the right decisions at the right time.

Football season may be over, but the game is just getting started for the payment companies that saw the Super Bowl as their own proving ground.

The Electronic Transactions Association released its updated Guidelines on Merchant and ISO Underwriting and Risk Monitoring last week, spotlighting various merchant categories that face the biggest scrutiny from law enforcement agencies.

Visa has accumulated a 9.99% stake in Square, according to a filing with the Securities and Exchange Commission, giving a boost to the mobile point of sale company, which has faced challenges recently.