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Retirement was good for Pamela Joseph, former head of U.S. Bank's Elavon business, but not enough to overcome the lure of a high-level executive role at Total System Services, a company rapidly transitioning into a new age of digital payments.

Having served as a holdover since her term expired last spring, Debbie Matz announced she will be departing the agency at the end of next month.

Retirement was good for Pamela Joseph, former head of U.S. Bank's Elavon business, but not enough to overcome the lure of a high-level executive role at Total System Services, a company rapidly transitioning into a new age of digital payments.

ExxonMobil, the world's largest oil company, now accepts Apple Pay at a majority of its U.S. gas stations.

Obtaining money transmitter licenses in every state has been a lengthy process for WorldRemit, but one that paid off big this month when the company became regulated in California.

Penns Woods Bancorp in Williamsport, Pa., has promoted Michelle Karas to chief operating officer.

Financial services technology provider Jack Henry & Associates Inc. is the latest company to collaborate with The Clearing House to speed processing, a move that will substantially increase the number of banks capable of executing faster payments.

In expanding Visa Token Service, the card brand is requiring issuers to stop using alternate personal account numbers in cloud-based mobile payments and instead converting to tokenization.

Financial technology and marketing provider Kasasa has launched a Credit Card As A Qualifier option for its community financial institution customers.

The promise of unlocking some of the "big data" within payments is coming nearer, with new technology expanding the way consumer purchase data is used to shape marketing campaigns.

A Canadian lawmaker has introduced legislation to establish new ceilings for credit card interchange, and though it has the support of some retail groups, experts say the bill faces headwinds.

Atlanta is flush with payment processors that handle more than 70% of the nation's transactions. These players now plan to expand their reach even further, hoping to make the southern city a fintech hub to rival Silicon Valley and New York.

Randy Conte, the $15.6 billion-asset bank's chief operating officer, will become chief financial officer on April 30 and remain operating chief.

Tri-State Bank of Memphis in Tennessee has hired Christine Munson, formerly of First Tennessee Bank, as its chief executive.

A new Federal Reserve Bank report opens the door for retailer groups to push again for even lower transaction fees by deflating the argument that small banks have been harmed by the Durbin amendment's reduced debit transaction fees for larger banks.

Apple Pay’s struggles to build its user base are nothing compared with the labors of Sionic Mobile, which has been on a six-year odyssey of inventing and reinventing its mobile payments app.

A significant gap remains between the credit scores of women-owned companies and those owned by men, according to a Biz2Credit.com survey.

Carver Bancorp in New York has named Christina Maier its chief financial officer. Maier succeeds David Toner, who resigned from the $754 million-asset bank last month to pursue other opportunities

New requirements and guidance from the Payment Card Industry Security Standards Council will be released to merchants in April, which is about six months earlier than its normal update cycle.

Of all the initials small to mid-sized merchants hear during the digital payments migration—"EMV," NFC," "mPOS"—an older abbreviation may finally pry open the door to widespread payments automation: CRM.