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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.

The Best Banks to Work For study is a collaboration between American Banker and the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies.

Following its massive 2013 data breach, Target vowed to accelerate its EMV-chip card migration, but the retailer still just barely made the card networks' deadline.

U.K.-based grocer Sainsbury's is readying a contactless payment shopping app that allows consumers to pick out items before they even get to the store and confirm payment upon leaving through a "payment zone."

Wireless transactions provider Apriva and payment technology services company Global Payments have teamed up to release a white-label EMV mobile payment offering.

Algonquin State Bank in Illinois has promoted several employees in a revamping of executive management.

CVB Financial in Ontario, Calif., has appointed entertainment industry veteran Kristina Leslie to its board.

Regions Financial in Birmingham, Ala., has hired a former Bank of New York Mellon executive as head of its corporate trust group.

Customer loyalty provider Clutch has forged an agreement with POS on Cloud, a point of sale software company, to provide restaurant and retail gift card, loyalty, and customer intelligence for businesses.

As part of the transition to EMV-chip cards in the U.S., some issuers are adding PIN security to cards that used to require only a signature. But as technology advances, the PIN may not provide as much security as consumers believe.

Stripe's quick disruption of the payment processing industry in the U.K. is measurable in at least one simple way — counting clicks.

Fifth Third Bancorp in Cincinnati has hired a Bank of New York Mellon executive as its chief legal officer.

First Financial Northwest in Renton, Wash., has added a former Sandler O'Neill investment banker and a PacWest Bancorp director to its board.

New York Community Bancorp in Westbury has named Leslie Dunn, a Federal Home Loan Bank director, to its board.