Merchant

What’s the hottest trend in business right now? Social networks such as Facebook and Twitter? Sharing economy apps such as Uber and Airbnb? Apple, and its line of personal computing devices? Or Software as a Service for the enterprise, such as Salesforce?

WASHINGTON — Republican lawmakers put Department of Housing and Urban Development Secretary Julian Castro on the hot seat Wednesday, criticizing his decision to allow nonprofit community groups to bid on more nonperforming Federal Housing Administration loans.

Google will provide McDonald's customers in San Jose, Calif., this weekend with free burgers as a promotion for its Hands Free payment app at any of 47 participating restaurants.

The hit smartphone game Pokemon Go is not a mobile wallet or a loyalty app, but it is arguably far more successful at driving traffic to retailers' stores than many of the apps designed for that purpose.

The Federal Financial Institutions Examinations Council (FFIEC) recently issued a warning for financial institutions to review their cybersecurity as it relates to fraudulent transfers and global payment networks.

Online marketplace lenders found themselves in the congressional crosshairs Tuesday just as some lawmakers are attempting to provide the industry with sought-after reforms.

The $25 billion-asset company said in a press release Tuesday that BankUnited Small Business Finance is now making loans in Ohio, Washington and Wisconsin.

Charles Schwab Bank, BBVA Compass and Mechanics Bank are among the latest investors in a California microfinance firm that specializes in small-business lending.

When those of us in the payments industry think about moving money, we think of the many points that distinguish money movement options – is it a transfer or a bill payment, will it utilize a card network or the ACH, will it be sent immediately or processed in a batch?

Amazon's Prime Day event is marketed as a summertime version of the Black Friday shopping holiday, but it also serves as a proving ground for the retailer's most experimental ways of selling its products.