Merchant

The Canadian Federation of Independent Business (CFIB) and Mastercard have reached an agreement that will reduce payment card interchange rates for members of Canada’s largest small-business organizations, bringing them on par with large merchants’ rates in the market.

First Data's quest to be viewed as a diverse digital company means it can't just offer a product; it has to offer a platform that other companies can use.

As American Express and Citigroup clashed over which issuer would get the coveted Costco Warehouse credit card business, one area remained undisputed and out of their hands: Payment processing for Costco's small business clients.

Banks are woefully unprepared to face potential cybersecurity threats stemming from third-party technology providers, according to a report issued Wednesday by the Federal Deposit Insurance Corp.’s independent watchdog.

Bond Street targets small businesses that might be able to qualify for a bank loan but are looking for a faster and easier approval process.

Seacoast Commerce Banc Holdings in San Diego will keep more of its small-business loans on its balance sheet in response to rapidly changing economic and political conditions.

The bank and cloud accounting platform will offer services to mutual customers via API.

ISOs and agents have a firm hold on selling payment terminals, but that's not where the real action is. Today, merchant acquiring is about tying payments to things such as advertising, marketing and loyalty programs.

The cards could prove to be popular with Americans who travel frequently to Asia.

A key aspect of the job for security leaders at retailers is to present cyber risk threats to boards and top executives in terms they understand. Bay Dynamics says the best way to do that is through the common language of dollars and cents.