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Young people have a much different relationship with credit, requiring retailers to find different ways to enable financing to encourage larger purchases.

Blythe Masters talks up the blockchain in a magazine cover story, noted photographer Annie Leibovitz has been hired to shoot portraits of women and entrepreneurs as part of a bank marketing campaign; it’ll only be a mere 28 years for women to achieve boardroom parity; and we want to hear about outstanding millennials in banking please.

CPI Card Group Inc., which makes payment cards for firms including Bank of America Corp. and American Express Co., aims to raise about $300 million in an initial public offering, according to people familiar with the company’s plans.

Card payment acquirer and payment service provider EVO Payments has bought Citigroup’s merchant acquiring business in Mexico for an undisclosed sum.

CHICAGO —Heartland Payment Systems CEO Bob Carr will never be accused of not making his feelings known about the Merchant Customer Exchange mobile wallet venture.

The Automated Clearing House is too expensive and complex to provide faster payments for smaller banks and businesses, claims Dwolla, which contends its open system is a better option for those market segments.

Three large U.K. banks have suffered recent payment glitches, including temporary outages at HSBC, Natwest and Royal Bank of Scotland—suggesting existing bank payment systems are challenged to process digital transactions.

Four Oaks Fincorp in Four Oaks, N.C., has named an acting chief financial officer after longtime CFO Nancy Wise resigned.

Carolina Trust Bank in Lincolnton, N.C., has named an auto dealership executive to its board.

MCX has announced Inmar will be the promotions management and processing vendor for its CurrentC mobile payments system, but it has not revealed the names or number of consumer goods manufacturer participants, a lack of disclosure that analysts say challenges the launch's credibility.

Regions Financial in Birmingham, Ala., has named Kate Randall Danella as executive in charge of several wealth management functions.

CaixaBank’s is managing smartphone hardware challenges for its new mobile payment app by adopting host card emulation (HCE).

First Banks in St. Louis has promoted an executive to chief operating officer and has made two additional promotions.

London-based mobile point of sale provider SumUp has received 10 million euros [$11.2 million U.S.] in funding from investors, including American Express, Groupon and BBVA Ventures.

UBS' Kathryn Shih attributes part of her success in wealth management to understanding that money is an emotional topic; #TheNew10: still not thrilled about Jackson > Hamilton; banking power couples; and more.

European mobile point of sale gateway provider payworks will offer its service through Miura Systems' EMV and Near Field Communication mobile terminals.

The Debit Network Alliance last week officially launched its shared application identifier (AID) for EMV debit routing, but merchants likely won't be in any rush to implement the technology despite the fast-approaching Oct. 1 liability shift.

Bank of the West in San Francisco has hired three development officers for Small Business Administration loans.

Eagle Bancorp Montana in Helena has appointed a building contractor and real estate developer to its board.

Loyalty programs have often been considered a key motivator to shift consumers to mobile payments and away from cash and cards. But few companies have actually blended mobile with loyalty in a compelling way.