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Fifth Third Bancorp in Cincinnati plans to record a large fourth-quarter gain after selling shares in payment processor Vantiv.

It used to be that chargebacks were just another cost of doing business. But with the e-commerce world growing by leaps and bounds, online merchants are experiencing a corresponding spike in chargeback rates that's eroding their bottom lines and jeopardizing their merchant accounts.

Merchants today face the daunting task of investing in several payment technology upgrades at once, and the confusion surrounding this process could bolster many pre-existing security vulnerabilities, argues point of sale security expert Chris Strand.

Paychex in Rochester, N.Y., has entered an agreement to acquire Advance Partners in Cleveland.

Lloyds Banking Group in the U.K. has made Deborah McWhinney its third nonexecutive director. She joined the board at Lloyds Monday and also serves on its audit and risk committees.

Krispy Kreme's new payment and loyalty app is betting big on customers' appetite for donating to charity.

IPayment Inc., a payments processor for more than 150,000 U.S. merchants, is exploring options including a sale that could value the company at as much as $1 billion, people with knowledge of the matter said.

Payments technology company BlueSnap has launched its mobile checkout gateway, the Powered Buy Platform.

Lovers of Krispy Kreme doughnuts and coffee now have a mobile app to pay for their purchases and receive rewards.

Swatch Group AG plans to start selling a timepiece that can make contactless payments in the U.S., Switzerland and Brazil early next year through an agreement with Visa Inc.

Between regulatory and competitive pressures, ISOs have a lot on their plate for 2016, particularly for the most growth-hungry companies. Here is some food for thought for ISOs as they plan their strategies for the year ahead:

ShopKeep's most recent survey of its 20,000 merchant clients shows two mobile payment trends at odds with one another.

SunTrust Banks in Atlanta has hired Corinne Cuthbertson as a brand, advertising and digital marketing executive.

Square Inc., which started trading on Thursday after an initial public offering, is worth less than the valuation it got as a private company -- and some employees are hurting.

Black Friday will mark a new milestone this year, when mobile devices for the first time will account for about half of all online purchases during the first weekend of the holiday shopping frenzy, according to a new study.

County Bancorp in Manitowoc, Wis., has selected former Kimberly-Clark executive Kathi Seifert to be a director.

Did men get more than their fair share of the managing director promotions at Goldman Sachs, and what does Barbie have to do with a Fed trailblazer? Also, JPMorgan Chase's Mary Callahan Erdoes isn't getting on the robo-advisory bandwagon and women talk about "systematic sexism" in the journalism and entertainment fields.

Square is expanding its payroll offering to Florida.

Square Inc. raised about a third less than it sought in its initial public offering as investors balked at a higher valuation for the mobile-payments service.

Dunkin' Donuts, in a bid to catch up to the technology prowess of Starbucks Corp., is testing on-the-go ordering and delivery service in some U.S. markets.