Target Corp., struggling to fix a botched expansion in Canada and undo the lingering damage of a holiday hacker attack, hired former PepsiCo Inc. executive Brian Cornell as chief executive officer.

Six-year-old Poppy Blacow and her father Rik watched a distant stage where Black Sabbath, the English rock band led by infamous lyricist Ozzy Osbourne, was playing. They wanted to get closer seats, but upgrading their tickets was a decidedly "classic rock" experience in need of a "modern rock" upgrade.

Hilton's updated mobile app, which lets guests use their phones as room keys, has almost nothing to do with payments. But it may be the catalyst the payments industry has long needed to get consumers to warm to mobile wallets.

Fiserv Inc. is promoting the real-time version Popmoney person-to-person payment service as a companion to its online bill payment offering.

WEX Inc. is working to finalize several key acquisitions to bring the corporate payments provider into new markets.

First Data Corp. has agreed to buy Gyft Inc., which sells digital gift cards, in a move to advance the Atlanta-based processor's mobile payment offerings.

Square plans to offer a version of its mobile card reader that can read EMV-chip cards, but the added security may come at a cost.

Facebook Inc. is ending a service that lets friends send digital gift cards to each other, as the social-networking service revamps how users can buy goods and services.

The Secure Remote Payment Council wants a more open process in the development of a standard for tokenization, with the goal of ensuring a single token can be handled by multiple parties to improve security.

With the increased proliferation and reliance on public cloud solutions, combined with the recent high-profile data breaches that have occurred in the past few months, cybersecurity should be a top concern for both issuers and retailers who handle sensitive financial data.

Westpac New Zealand plans to leverage mobile technology on several fronts in the coming year, powering contactless payments while maintaining more control over customer relationships than it would have if it signed on to a telco-led venture.

The Justice Department's legal case against American Express will not benefit consumers and will weaken competition, said Jeff Campbell, executive vice president and CFO of American Express.

BJ's Wholesale Club is planning to convert its co-branded credit card program to chip-enabled MasterCards.

Photo bill pay is supposed to make adding payees a snap for smartphone customers. But the feature faces some problems, including a lack of uniformity of the data on physical invoices and how consumers take the pictures.

Diebold is unveiling an anti-skimming card reader designed to prevent criminals from stealing card data from unsuspecting automated teller machine users.

Distributed denial of service attacks have grown larger in scale, more sophisticated and harder to detect, according to three large technology vendors that have recently published analyses of attacks.

Payments startups may be fast and smart, but banks have compliance know-how, an established customer base and physical branches that will help them hook customers on new products.

Diebold is unveiling an anti-skimming card reader designed to prevent criminals from stealing card data from unsuspecting automated teller machine users.

For most of the digital currency's existence, the price of a bitcoin has swung wildly. Coinapult is looking to remove this risk with the launch of Coinapult Locks, which pins the value of a user's bitcoin balance to a stable asset.

Since the collapse of the subprime mortgage market, lenders have all but stopped offering loans that sound too good to be true. But that's not the case with subprime automobile loans, which lenders continue to market aggressively to consumers with imperfect credit.