Merchant

The company's selling product that's similar to a store-branded card, but without the physical plastic. It hopes to appeal to small or midsize stores that don't want to run their own credit programs.

Payment and marketing company Harland Clarke Holdings has agreed to buy the popular online coupon site RetailMeNot for an equity value of $630 million, a deal that would add digital discount technology to Harland's existing merchant services.

Linda McMahon told lawmakers the 7(a) program shouldn't run out of funds in fiscal 2017. Still, she wants permission to boost the program's funding authority by 15% if an unexpected spike in demand takes place.

The company is touring the U.S. in a large truck that contains its latest point of sale technology for banks and merchants.

Private information about consumer and business accounts was exposed. The bank immediately cited vendor error.

Both standards are confusing and not universally adopted. But both are a necessary baseline to protect merchants and payment companies.

Linda McMahon told lawmakers the 7(a) program shouldn't run out of funds in fiscal 2017. Still, she wants permission to boost the program's funding authority by 15% if an unexpected spike in demand takes place.

Speakers at PSCU's 2017 Member Forum offered insights on a host of issues related to payments, cybersecurity, leadership and more.

Transit systems provide a clear use case for mobile payments, allowing commuters to avoid lining up at ticketing machines when they're already in a rush to get to their destination. But many of the perks of mobile wallets, such as targeted offers, don't apply to them.

Merchants are concerned emerging technology can't keep up with the growing online fraud threat. But there are some steps that can increase security.