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Verifone is taking a scalpel to its business after seeing soft results during its second fiscal quarter, enacting a plan to cut 5% of its personnel and look for opportunities to jettison older, underperforming parts of its business.

Most mobile wallet providers and retailers have been hunting for the magic formula that would seamlessly blend loyalty and mobile payments, in the hopes that one would inevitably fuel the other. But it's a delicate recipe, and very easy to get wrong.

U.S. card issuers lose $10.9 billion each year to card fraud, according to research released Tuesday by LexisNexis Risk Solutions.

Verifone and its beacon technology provider Footmarks are partnering with Allrecipes.com and grocery retailer Marc’s in Ohio to deliver meal recommendations to shoppers.

Chili’s Grill & Bar, hurt by a shift away from sit-down dining, is hoping to win back customers with a new tactic: bringing food to them.

Merchants sued Visa and MasterCard in 1996 when the card networks forced them to "honor all cards," and though the suit settled in 2003, the wounds are reopening with the spread of mobile wallets.

Mandatory arbitration policies are gaining attention as one of the hurdles to gender parity in the financial services industry. Catherine Flax of BNP Paribas is part of a vanguard of female foreign currency traders on Wall Street, though they still stand out in the "bros' club." Is the CFO role the new 'women's' job? Also, Ally's Carrie Sumlin and Wells Fargo's Secil Watson are recognized as Digital Bankers of the Year.

The National Retail Federation wants the Federal Trade Commission to do more than merely check up on the companies that routinely assess merchants for compliance with the Payment Card Industry Data Security Standards (PCI DSS).

As the Costco-Citibank credit card partnership hits full stride this month following the retailer’s painful split with longtime credit card partner American Express, Bank of America is making a change to its own credit card rewards program to win the business of warehouse club shoppers.

Square Inc. may be having a tougher time convincing merchants to buy its $49 EMV card reader than it did the free magstripe version it built its business on.

The $3.8 billion-asset company said in a press release Thursday that Lynne Fox will succeed Noel Beasley, who decided to step down after retiring from the Workers United union.

Homes owned by single men are more valuable and appreciate faster than properties owned by single women, according to an analysis from RealtyTrac.

Consumers, banks and merchants all want faster payments, but new technology only seems to be making the process slower.

E-commerce is eroding the appeal of shopping malls, so the operators of some of the largest shopping centers are starting to dish out their own share of digital disruption.

Fulton Financial in Lancaster, Pa., has hired Lynn Ozer as president of Small Business Administration lending. Before joining Fulton, Ozer led a small-business lending team at Susquehanna Bancshares that was largely dismissed after the company's sale to BB&T.

When TableSafe launched in 2011 under the name Viableware, it was a simpler time in payments technology and the company had a simpler product to offer — a tablet-like check holder that lets customers complete card payments without leaving the table.

Working to help corporations streamline their processes for business-to-business transactions, Total System Services Inc. has launched a new commercial payment product leveraging virtual account numbers.

While the current phase of the U.S. chip card migration is still far from the finish line, attention is turning to the 'next' EMV migration at gas stations, which figures to be just as challenging.

Heartland Payment Systems has leveraged newly purchased merchant marketing company Beanstalk Data to build a restaurant analysis service.

A female executive sues Bank of America, accusing the company of being a "bros club" and paying her less than male colleagues; Democrats call on the overwhelmingly "white and male" Fed to prioritize diversity; Goldman, which lags when it comes to female leadership, names a new CEO for its bank unit, coincidentally swapping in a man for a woman. Also, Ruth Porat, chief culture officers, and the stubborn gender pay gap.