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Verifone, which is challenged to move beyond its reliance on selling traditional payments hardware, is producing an almost dizzying array of products in hopes of diversifying.

The $649 million-asset holding company for Malvern Federal Savings Bank promoted Karen Walter to chief operating officer.

The number of men involved with gender diversity efforts is falling, according to a report Mercer plans to release Wednesday.

The pressure on merchant acquirers to enable transactions in more channels for more merchant types is accelerating, and TSYS is turning to the M&A market to accelerate its digital diversification, announcing an agreement with Vista Equity Partners to acquire Vista portfolio company TransFirst for $2.35 billion in cash.

Retailers often worry that their customers won't return after a breach, but as logical as this expectation is, it may be far from the truth.

Twitter Inc. named Leslie Berland chief marketing officer as it undergoes a major overhaul of its top ranks in an effort to reboot growth.

Consumers may not care much about mobile payments, but many of them care a lot about mobile loyalty.

Vending machines were among the first categories to accept contactless mobile payments, but they still rely heavily on cash for impulse snack purchases — at least for now.

PNC Financial Services Group in Pittsburgh has tapped Karen Larrimer to lead its retail banking division.

Visa has nabbed an executive from the media company Time Inc. to be its chief marketing and communications officer.

Reeling from the loss of the Costco account and other setbacks in 2015, American Express is looking to the future the same way any investor might — banking on the diversification of its portfolio to slowly climb back.

The newest audience flocking to omnichannel shopping is the one no one invited—fraudsters.

American Express Co., the biggest credit- card issuer by purchases, said fourth-quarter profit fell 38% as expenses rose and the company took a restructuring charge.

It may seem tough for a system that limits itself to one retailer per vertical to expand, but Plenti is making it happen.

Global Payments Inc. has finalized an agreement to distribute Mobeewave’s contactless mobile card acceptance technology to its Canadian clients beginning this spring.

Starbucks has integrated its mobile pre-ordering and payment feature into its Android app in the U.K.

For years, the financial services industry has relied on tactics such as education campaigns, sales pitches and financial penalties to get merchants to upgrade their technology. Ironically, the bad security that led to Target's 2013 data breach may have been the strongest way to deliver this message.

It may seem odd for a vendor of payment acceptance hardware to discredit EMV security, which is commonly seen as a catalyst for hardware sales, but that's exactly what MagTek is doing.

Already facing technology-driven threats to their relevancy, independent sales organizations (ISOs) face another dilemma: should ISOs spread their wings with numerous acquirers and processors, or stick with one that provides the best deal for servicing merchant clients?

Consumers’ growing dexterity with banks’ mobile apps has been a welcome shot in the arm for card-linked, merchant-funded marketing programs.