Merchant

If a Qualified Security Assessor tests–and passes–a business for payments security compliance, that business may feel it could rest on its laurels.

The tom-toms are beating louder for action among issuers, merchants and processors in the U.S. migration to EMV smart card technology.

A Philadelphia-based company is buying an independent sales organization, a processor and a payroll-services company to pursue the goal of providing complete payments services to small merchants.

Heartland Payment Systems Inc. has landed another school-meals payment player, further boosting its market share in the educational foodservice arena.

IVR Technology Group and Fundtech have formed a partnership that expands the functionality of IVR Technology Group’s Pay-by-Phone virtual terminal, the companies announced July 9.

At first, Google seemed to have all of the necessary ingredients for a mobile wallet and Isis had the uphill climb of convincing banks to agree to a system designed by a group of telcos. Isis now has several top banks firmly behind it, but it faces many challenges as well.

Consumers may not be pushing for stronger card security because they feel overly protected by the systems in use today. But they do face real costs for fraud.

Fair Credit Reporting Act and Telephone Consumer Protection Act lawsuits year-to-date are both tracking well ahead of last year's pace, according to data gathered from U.S. district courts. Fair Debt Collection Practices Act cases are slightly down from last year's record pace.

The Federal Trade Commission stopped two operations that deceived consumers looking for help handling their debts, including one firm that tricked people by impersonating federal government agencies.

Collection agency DP and Associates has agreed with the West Virginia attorney general's office to return $1.7 million in refunds and cancelled debts to consumers in the state, West Virginia officials announced Tuesday.