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Square, which made a short-lived attempt at digital gift cards in late 2012, is debuting a new gift card service today with a heavy emphasis on an older payment instrument: plastic.

Apple Pay's launch about a month ago was accompanied by an almost unprecedented amount of hype and media attention, but it takes more than buzz to shift the world to mobile payments, and Apple's job is far from over.

Transparency about the diversity of companies’ workforces can promote the hiring and advancement of women, while role models like Janet Yellen help pave the way for more female leaders.

Square Inc. may have more incentive than other acquirers in urging merchant clients to accept EMV-chip cards, but its pricing strategy could deter some from adopting the secure technology.

The $5.8 billion-asset company said in a press release Wednesday that Shelley Seifert would fill the newly created role.

Carver Bancorp in New York has named a new chief lending officer and president of its community development unit.

Mobile point of sale technology is gaining traction, though providers say the middle market requires a stronger sell.

Heartland Payment Systems has acquired Xpient Solutions to strengthen its processing capabilities in the quick-service and fast-casual food industry.

NCR's updating its NCR Silver point of sale system to support Bitcoin transactions as retailer acceptance of virtual currency starts to accelerate.

Acquirers are encouraging vending-machine operators to add card and mobile electronic-payment acceptance, which could represent a whole new category of transactions.

Payveris has hired financial services technology veteran Jeff Weikert as president, as the technology company adds new services designed to make smaller financial institutions more competitive with alternative startups.

Brick-and-mortar retailers are chasing a missing link for sales and marketing—the deep customer data that e-commerce merchants easily obtain through online orders and shipping information.

Merchants are enticed by the lure of the huge e-commerce market in China, enough to give a number of early client wins to Alipay's U.S. merchant acquisition effort.

The card networks are under pressure in a number of countries, providing ammunition for retailers wanting similar cost adjustments in the U.S.

MasterCard has agreed to buy the merchant payments unit of Transaction Network Services in Reston, Va.,a deal that would expand the e-commerce services offered by DataCash, MasterCard's payment processing subsidiary.

Costco, which is replacing American Express in Canada, is also seeking bids for both an issuer and a payments network for its U.S. cards, a move that may result in a replacement for American Express in the States, according to two people familiar with the matter.

Best Buy Co., the world’s largest electronics retailer, is switching its credit-card processing partner to Visa Inc. from MasterCard Inc., according to two people briefed on the matter.

Apple Pay's NFC-based mobile pay system doesn't automatically equate to a marriage between the retailers' point of sale and the contactless communication technology.

The device, known as Clover Mobile, allows merchants to perform a variety of business functions, including scanning inventory and taking payments, using a mobile tablet. Earlier versions of Clover, called Clover Station, were designed to be affixed to a countertop.

Verifone is changing its logo and marketing to signal the many pivots it is making to provide a broader range of services to merchants that must embrace mobile and digital technology to stay relevant.