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Citizens Financial Group in Providence, R.I., has named two new state presidents for Citizens Bank in Connecticut and Massachusetts.

Following up on First Data's launch of the Clover Mini mobile point of sale device, TruBeacon has placed software in the Clover App Market that will link data from the payment terminal over a network of multiple retail locations.

What good is having a mobile point of sale (mPOS) device if retailers glue it to the countertop? In a new IHL report that tries to size up the mPOS market, IHL points out that most merchants are happy to ignore the mobility inherent in their new technology.

Wells Fargo has named Hope Hardison chief administrative officer, succeeding a 38-year company veteran.

Pinnacle Financial Partners in Nashville, Tenn., has added the president of a Knoxville, Tenn., accounting firm to its board.

Tyro Payments, of Australia, will integrate its point of sale technology with the in-restaurant ordering and payment system made by Canada's TouchBistro.

Earvin "Magic" Johnson has made several moves in the payments industry over the years, and the latest puts him on Square's team.

The payment processor Total System Services (TSYS) has promoted a longtime employee to head up its North America consumer, commercial and health care lines of business.

The U.S. Postal Service has selected Cincinnati-based Vantiv, a payment processing service provider, to be its payment service support contractor.

The nature of fraud in the U.S. is about to change radically, as fraudsters adapt to EMV security at the point of sale by shifting their attention to e-commerce channels. Accompanying this shift are changes to the consumer's role in spotting fraud — but this could be as much a burden as it is a benefit if banks and merchants are not careful.

SmartFinancial in Pigeon Forge, Tenn., has hired a chief experience and strategy officer, ahead of its planned acquisition of Cornerstone Bancshares in Chattanooga, Tenn.

Payment processor Elavon has signed a multi-year agreement to provide payment gateway and security technology to Wyndham Hotel Group.

Ecobank Transnational Inc. and MasterCard have agreed to promote electronic payments throughout Central and West Africa, accelerating use of payment cards for consumers and mobile card readers for merchants.

First Data likens its new Clover Mini payment terminal to Apple's product line: it's a device made to fill a niche that everyone else thought was already being served.

Square Inc. will eventually be a publicly traded company and could conduct an initial public offering this year if it wanted to, its former chief operating officer said.

Rita Lowman, chief operating officer at C1 Financial in St. Petersburg, Fla., has been named chairwoman-elect of the Florida Bankers Association.

Consumers in the Asia-Pacific region no longer view the MasterPass wallet as an option only for big-ticket purchases.

Jack Dorsey is following in the footsteps of his Silicon Valley idol – Steve Jobs.

Jack Dorsey will be doing double duty soon. The 38-year-old Missouri-native will be serving as the interim CEO of Twitter, while also continuing to serve as the CEO of Square Inc.

Merchants have an appetite for mobile technology, but they don't always know how to feed their hunger, according to PayPal's Brad Brodigan.