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PetLinx, a New Zealand startup that provides software for pet companies, has contracted Boston-based Cayan (formerly Merchant Warehouse) to provide payments support.
August 12 -
As CEO of the Merchant Customer Exchange (MCX) mobile wallet venture, Brian Mooney must remain calm as his company faces an increasingly stormy market with no product to show for its years-long efforts.
August 12 -
United Bancshares in Columbus Grove, Ohio, said its chief financial officer, Diana Engelhardt, has decided to resign.
August 11 -
In the heavily competitive mobile payments market, the fastest way to lose is to pin all hopes on one vendor. Rite Aid learned this lesson the hard way as a participant in the Merchant Customer Exchange, a multi-retailer mobile payments initiative that demanded exclusivity from its partners.
August 11 -
International payment services provider Planet Payment has made changes in its executive leadership, naming Robert Cox president and Raymond D'Aponte chief financial officer.
August 10 -
Wells Fargo has hired Allianz veteran Jasmine Jirele to head its trust operations team.
August 10 -
The NASA Federal Credit Union will mix science non-fiction and fiction, providing Star Trek themed credit cards on request to its members.
August 10 -
Cornerstone Bank in York, Neb., has tapped Kris Holoch to succeed her father Kelly Holthus as the bank's chief executive. Holoch previously served as executive vice president and on the board.
August 7 -
ValueAct Capital Management has amassed a stake in American Express Co., people with knowledge of the matter said, as the activist fund considers pursuing shareholder-friendly changes at the credit-card issuer.
August 7 -
BankUnited in Miami Lakes, Fla., has added a former New York state judge and a former Florida community bank chief executive to its board.
August 6 -
Webster Financial in Waterbury, Conn. has hired a deputy chief financial officer from Citigroup.
August 6 -
Plaza Bank in Irvine, Calif., has hired Kathy Gonzales for the newly created role of director of branch banking.
August 6 -
First Data and TruBeacon have been selected to provide point of sale technology and business-management software for Scooter's Coffee, an Omaha, Neb., chain.
August 6 -
Rep. Ann Wagner of Missouri is urging House Banking Chair Jeb Hensarling to recruit more female Republicans to the influential panel. Also women are wielding more economic power in the Middle East and Heidrick & Struggles predicts that women will hold half of board seats at major companies within a decade.
August 6
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Target is deploying Bluetooth beacons to offer time-sensitive deals and product recommendations to shoppers in its stores, and it has more ambitious plans for the technology later in the year.
August 6 -
With the EMV-chip card deadline just two months away, Mercury Payment Systems is emphasizing security by providing a reason for its partners to engage in more education and become certified as compliant with the Payment Card Industry data security standard.
August 6 -
WASHINGTON The Office of the Comptroller of the Currency named senior bank examiner Linda Cunningham as its first chief risk officer on Wednesday.
August 5 -
The issues tied to its MoneyPak reload cards continue to plague Green Dot Corp., despite the prepaid card issuer's decision to discontinue the product back in 2014.
August 5 -
Guardian Mortgage has named a Bank of America executive to succeed Marcia Phillips as chief executive.
August 3 -
Indian e-commerce company Snapdeal.com is raising about $500 million from investors led by Alibaba Group Holding Ltd., according to people familiar with the matter.
August 3





