Merchant

If offering a national regulation option to fintech players is the carrot, compliance with commonsense borrower protections could be the stick in promoting responsible financial innovation.

With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line.

Philip McHugh, a top-ranking executive with Barclaycard, will join the processor Total System Services Inc. as its senior executive vice president and president of merchant solutions, effective May 1.

The third party wallets and mobile point of sale systems are advancing, making the next year the right time for merchants to work on strategies to improve user experience at checkout.

Amazon and other e-commerce disruptors are turning long-held retail models upside down, but in doing so they create a lifeline for retailers who see them as an opportunity rather than a threat.

The breaches at large retailers and other companies are continuing, making it time to fully embrace a new authentication method.

A deal between Ford Motor Credit and a San Francisco-based startup will give car buyers the option of customizing their own loan terms.

Target Corp. has demonstrated payments innovation in many ways, including participating in an early pilot of mobile payments with Starbucks, and driving its payments volume to lower-cost debit rails via its Red Card.

Alibaba Group Holding Ltd. raised its full-year sales forecast after quarterly results beat estimates, as Chinese spending stays strong and the company wrings revenue from fledgling areas such as cloud computing, entertainment and search.

New York-based security company Hypr Corp. is working to use biometric authentication as a glue for the currently fragmented state of mobile and online payments.