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Since the dawn of the modern mobile payments era, Starbucks has positioned itself as the poster child for how the technology can resonate with customers. And it's not about to rest on its laurels.
December 31 -
It's hard to come by hard data on consumers actually using mobile wallets to pay in stores, but these consumers do exist.
December 29 -
Moscow-based startup Cardberry is planning to launch an app and device to streamline discount and loyalty cards.
December 29 -
A late surge in shopping and pent-up demand for women's clothing gave a boost to holiday sales, according to early spending figures.
December 28 -
The concept of a multi-merchant rewards program appeals to cardholders, but the widely advertised Plenti program managed through American Express has not yet reached its potential, according to new data from Auriemma Consulting Group.
December 24 -
Revel Systems has opened a new office in London to facilitate its growing business in Europe, the Middle East and Asia.
December 22 -
The Internet of Things is ready to take off in modern retail in the coming year, spurred by a growing connection to consumer payments.
December 22 -
One in every three card-present transactions globally from July 2014 to June 2015 involved an EMV-chip card, according to EMVCo.
December 21 -
Target Corp. is tight-lipped on the details of its proprietary mobile wallet, but reports of the retailer's plan for a software-based wallet app early next year are adding to the concern that the mobile wallet market is becoming oversaturated with options too early in its lifecycle.
December 21 -
JetPay Payment Services, a unit of JetPay Corp., is working with the lending platform provider Credibly to give JetPay's distribution network access to Credibly's technology.
December 21 -
First United Corp. in Oakland, Md., has named Carissa Rodeheaver chairman and chief executive.
December 18 -
Apple Pay and Samsung Pay are coming to China in early 2016, in a potential defensive move by China UnionPay to fend off competition from domestic mobile payment rivals on the rise in China, including Alipay and Tencent.
December 18 -
London-based Powa Technologies has formed a 10-year alliance with China UnionPay to extend the PowaTag smartphone shopping app to CUPs 1.3 billion credit and debit cardholders.
December 17 -
Citi adds two more female directors, including Ellen Costello; social media allows small banks to connect with people who aren't coming into the branch, says one of our community bankers of the year (and if you're on Twitter, you probably already know who), and Mary Wisniewski asks, how can fintech hope to disrupt banking when it's no different than banking? (Hard not to notice the sexism and the dearth of women when you are one.)
December 17
- New York
Citigroup has appointed Ellen Costello, former BMO Financial chief executive, and Intel President Renee James to its board.
December 17 -
WASHINGTON The Consumer Financial Protection Bureau said Wednesday that it has hired Mary McLeod to become the agency's new general counsel starting next year.
December 16 - New Jersey
Investors Bancorp in Short Hills, N.J., has hired a former Capital One Financial executive to head its enterprise risk management team.
December 16 -
Opus Bank in Irvine, Calif., has created a formal division for lending to municipal governments and has promoted executive Debbie McLeod to lead the venture.
December 16 -
Following its promise to make mobile point of sale products a key revenue-driver for the company, Verifone Payment Systems released a new mobile card reader for independent and micro merchants.
December 16 -
One of the more perplexing elements of the slow, long-awaited march to EMV-chip cards in the U.S. is the lack of awareness that still pervades among merchants and consumers alike.
December 16





