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Apple Inc. introduced its mobile payments system to China through a partnership with China UnionPay Co. as the iPhone maker teams with the country’s largest clearing network to spur usage.

Only 37% of U.S. merchant locations are fully equipped for EMV card acceptance, narrowly missing a projected 40% rate of deployment predicted by management consulting firm Strawhecker Group, according to research it published Wednesday.

Banks are enthusiastic about innovation that involves both traditional institutions and nonbanks, but a more cohesive regulatory landscape is needed for cooperation between banks and fintech to grow even more.

Reform Banks, But Not Kashkari's Way; Stocks No Bonus

The FTC sent a summary of its 2015 work on debt collection practices to the CFPB to include in the CFPB’s annual report to Congress on the Fair Debt Collection Practices Act. The FTC and the CFPB share enforcement responsibilities under the FDCPA.

FCRA and TCPA cases were much higher in January compared with January 2015 (+31.4% and +39.8% respectively) but that follows a multi-year trend for the two statutes that doesn’t seem to be easing, according to data collected from U.S. district courts.

Matt Taylor, formerly the CEO of Mercury and now group president of integrated payments and emerging channels at Vantiv, shared insights into how his company made the right decisions at the right time.

Cardless ATMs are still a rare sight in the U.S., but the use cases are proliferating for companies that want to upend traditional cash machines.

M-commerce and payments are a tsunami that no retailer can ignore, but engaging consumers on mobile, and more importantly, converting consumers, remains a challenge for retailers of all sizes.

The former Harvard law professor is a long-shot choice for the high court and would face fierce Republican opposition, but she could help rally the Democrats ahead of the presidential election.