After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
KeyBank names new commercial payments head; former RBS global transaction services executive Alfred Carpetto will oversee Key’s treasury management, international foreign exchange and institutional asset services businesses.
J.P. Morgan announces executive appointments for Treasury & Securities Services Business: Donald McCree heads Treasury Services; Tom DuCharme and Claudia Slacik named regional CEOS; Dan Taylor joins bank as Executive Director on Global Market Infrastructure team.
Microsoft names Susan Hauser to lead Worldwide Industry Sectors and Global Accounts, which includes Worldwide Financial Services, Distribution and Services, Manufacturing and Resources, and the Global Accounts Organization.
Huntington Bank names new Directors of Payments/Channels and Treasury Management; Mark R. Sheehan and Douglas G. Hartsema, both former JPMorgan Chase executives, take on new roles intended to enhance Huntington's business and retail banking services.