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It's no secret that restaurants are going to be slow to adopt EMV relative to other retail categories, but in the past two months more dining establishments have begun to focus on the business-side issues and changes to customer interaction brought on by chip cards.

PayPal's previous efforts to come to the physical point of sale about three years ago never managed to topple the entrenched payment methods. Now the company is taking another stab at it, securing an arrangement with Macy's Inc.

Among other reasons for seeking their own charters, the U.K.'s so-called challenger banks say they need to avoid being beholden to older institutions that can slow down the creative process.

Baker Boyer National Bank in Walla Walla, Wash., has tapped president Mark Kajita as its new chief executive.

As the Merchant Customer Exchange's CurrentC mobile wallet goes to trial in Columbus, Ohio—along with a limited test in Target stores nationally—the industry gets it first peek at the venture's priorities.

Citizens Financial Group in Providence, R.I., has named Christine Cumming, a former Federal Reserve Bank of New York executive, to its board.

The California Department of Business Oversight, which regulates financial services and products, has promoted Debie Abella to head of bank regulation and supervision.

Umpqua Holdings in Portland, Ore., said Luanne Calvert, chief marketing officer at Virgin America, will join its board on Sept. 25.

Katie Pemble quit on Friday, the $1.7 billion-asset company said in a press release. C1 did not give a reason for Pemble's departure and did not disclose a plan for filling her posts.

MUFG Americas Holdings in New York has hired Donna Dellosso as chief risk officer for Union Bank and for its other operations in the Americas.

IF Bancorp in Watseka, Ill., has named Linda Hamilton chief operating officer.

American Express Co. customers soon will be able to charge purchases at Sam’s Club, months before their cards stop working at larger warehouse retailer Costco Wholesale Corp.

Square Inc., the mobile-payments company founded and led by Twitter Inc. interim Chief Executive Officer Jack Dorsey, plans to hold its initial public offering in the fourth quarter of this year, people with knowledge of the matter said.

Zions Bancorp. in Salt Lake City has named Karin Lockovitch director of compliance.

Discover was one of the most notable holdouts when Apple Pay first launched in Oct. 2014, but it now plans to launch Apple Pay compatibility Sept. 16.

CIT Group in New York has named Dorene Dominguez to the board of its banking unit.

Get a dose of hope from the W-20 and Afghan girls who code. And get a dose of inspiration too, as persistence pays off for Mary Callahan Erdoes, the 'Math Queen of Wall Street,' and likewise for Irene Bergman, the 'Oldest Woman on Wall Street.'

With the EMV liability shift less than a month away, U.S. merchants have far more on their plates than merchants in other countries had when only weeks from migrating to chip-based payment cards.

First Data Corp., whose investors are led by KKR & Co., is preparing to seek at least $2.5 billion in what would be the biggest U.S. initial public offering this year, according to people with knowledge of the matter.

ING has purchased Belgian digital loyalty platform Qustomer as part of its larger strategy to boost mobile payments.