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Four Oaks Fincorp in Four Oaks, N.C., has appointed Lisa Herring chief operating officer of the company and Four Oaks Bank & Trust.

Payment security services provider EchoSat has purchased SmartLink, a division of Heartland Payment Systems.

Payments technology provider Elavon says it is among the first payment processing companies to offer Apple Pay to Canadian businesses.

From fairly humble beginnings three years ago with the low-fee Bluebird prepaid Amex card and the Serve platform, Walmart has gotten more and more aggressive — and welcoming — with payments innovation.

Near Field Communication has been the burr in the saddle of emerging payments technology these past five years.

Glacier Restaurants, having examined the wide array of choices to tap mobile technology, has concluded that the best entry-level mobile transaction is the digital gift card.

Prime Meridian Holding in Tallahassee, Fla., has tapped a board member to serve as its new chief financial officer.

Since the dawn of the modern mobile payments era, Starbucks has positioned itself as the poster child for how the technology can resonate with customers. And it's not about to rest on its laurels.

It's hard to come by hard data on consumers actually using mobile wallets to pay in stores, but these consumers do exist.

Moscow-based startup Cardberry is planning to launch an app and device to streamline discount and loyalty cards.

A late surge in shopping and pent-up demand for women's clothing gave a boost to holiday sales, according to early spending figures.

The concept of a multi-merchant rewards program appeals to cardholders, but the widely advertised Plenti program managed through American Express has not yet reached its potential, according to new data from Auriemma Consulting Group.

Revel Systems has opened a new office in London to facilitate its growing business in Europe, the Middle East and Asia.

The Internet of Things is ready to take off in modern retail in the coming year, spurred by a growing connection to consumer payments.

One in every three card-present transactions globally from July 2014 to June 2015 involved an EMV-chip card, according to EMVCo.

Target Corp. is tight-lipped on the details of its proprietary mobile wallet, but reports of the retailer's plan for a software-based wallet app early next year are adding to the concern that the mobile wallet market is becoming oversaturated with options too early in its lifecycle.

JetPay Payment Services, a unit of JetPay Corp., is working with the lending platform provider Credibly to give JetPay's distribution network access to Credibly's technology.

First United Corp. in Oakland, Md., has named Carissa Rodeheaver chairman and chief executive.

Apple Pay and Samsung Pay are coming to China in early 2016, in a potential defensive move by China UnionPay to fend off competition from domestic mobile payment rivals on the rise in China, including Alipay and Tencent.

London-based Powa Technologies has formed a 10-year alliance with China UnionPay to extend the PowaTag smartphone shopping app to CUP’s 1.3 billion credit and debit cardholders.