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Versatile, high-tech digital gift card sales are going strong for this years holiday season, but in the latest sign that plastic cards many never die, eBay has partnered with gift card giant InComm to sell traditional gift cards online that will take up to 10 days to arrive by mail.
December 11 -
Dealing with late and missed payments from creditors is a chronic complaint of small businesses, who are often stretched too thin to chase down money owed to them. But a U.K.-based startup aims to attack that problem with YayPay, an automated invoicing platform with a bill-collections feature that launched this week in the U.S.
December 11 -
U.S. transactions processor Global Payments Inc. is in talks to buy smaller rival Heartland Payment Systems Inc., according to people with knowledge of the matter.
December 10 -
JPMorgan Chase's Eileen Serra is giving up her CEO title (for a very interesting reason); CIT Group's Ellen Alemany is getting to work sooner than expected with a big housecleaning; and Meredith Whitney resurfaces with an insurance company. Plus, inclusion confusion, the "Person of the Year" (it's a woman for the first time in 29 years), and Saudi Arabia.
December 10
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Even though Walmart has been a key member and driving force behind the Merchant Customer Exchange joint venture to establish a new mobile wallet, the retailer's addition of Walmart Pay to its mobile app is consistent with strategy, and will lead to a wave of individual bank and retailer initiatives.
December 10 -
Boku had to stay mum last week about its involvement in powering Apple Inc.'s carrier billing option in Russia, but there is no such gag order this week regarding the company's partnership with Microsoft.
December 10 -
One of the leaders of the retailer-driven Merchant Customer Exchange mobile payment system, Walmart is stepping out with its own alternative to Apple Pay, Samsung Pay and Android Pay.
December 10 -
JPMorgan Chase has shuffled three top executives in credit cards, mortgages and mortgage servicing.
December 9 -
Eileen Serra, 61, the chief executive of the Chase Card Services unit, will step down in January and become an adviser to the company on growth initiatives, according to a memo Wednesday from Gordon Smith, JPMorgan's CEO of consumer and community banking.
December 9 -
Eileen Serra is stepping down as chief executive officer of JPMorgan Chase's credit-card business and will be replaced by Kevin Watters, who is currently head of mortgage banking.
December 9 -
Visa Inc. has started marketing whats poised to be one of the biggest bond offerings of the year to finance its 21.2 billion euro ($23.3 billion) takeover of Visa Europe Ltd.
December 9 - New York
CIT Group will pay about $60 million in severance to 14 executives who have been dismissed or left the company, as it continues to shuffle its executive lineup following its August acquisition of OneWest Bank.
December 9 -
Bank of Lancaster in Kilmarnock, Va. has promoted Susan Pittman to the newly created position of chief lending officer.
December 9 -
ACI Worldwide will provide the payments framework to allow international money transfer provider TransferWise to add more services to its network.
December 8 -
American Express small merchant card acceptance has been generally low, though that performance could improve through a partnership with Moneris, Canadas largest acquirer.
December 8 -
SunTrust Banks Inc. introduced enhanced rewards and bonuses with three new credit cards for customers about seven weeks after the October EMV liability shift, gaining some headwind with the added security of chip cards and an offer of free FICO score reporting.
December 8 -
As wearable computing transitions from fantasy to fashion, developers are starting to consider the distinct risks that arise when payments migrate away from smartphones.
December 8 -
Competition for commercial clients is fierce, so banks are on the hunt for ways to keep their customers happy.
December 7 -
Verifone has appointed former Oracle executive Christophe Job as a senior vice-president and chief technology officer in charge of global solutions delivery.
December 4 -
A bank goes pink to attract women, Blythe Masters sticks with her startup despite a big Barclays offer, Sallie Krawcheck reflects on life as an entrepreneur, Ana Botin talks strategy and Margaret Keane offers leadership advice. Plus some Barbie news.
December 3




