Special Program Root Tag

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.

By now, many merchants should be wondering if they made the right decision by failing to act before last fall’s EMV liability shift.

The app ecosystem has enabled payments to blend almost invisibly into the background of many cash-based services, such as ride-sharing and food delivery, but sometimes there is a need to let payments take center stage.

To curb the loss of female talent, one Wall Street firm plans to remedy the pay gap. Islamic finance is notoriously male-dominated, but one country is an exception. Australia's ANZ Bank is inspiring a lot of soul-searching on sexism in the financial services industry. Would things improve with SEC reporting on diversity? Or do we need quotas?

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

Most consumers, when dining, still enjoy the simplicity of dropping cash on the table than using something newer, like an EMV card or a mobile wallet, even when those payment forms are becoming more commonplace in other stores.

The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer. Her hiring comes as the $4.8 billion-asset company works to shore up its risk and compliance management.