Merchant

Lawsuit filings for all key statutes impacting debt collectors dropped in May, according to the latest numbers pulled from U.S. district courts.

The American payments industry is slowly, painstakingly inching its way toward faster payments. Not real-time payments, necessarily, mind you – but faster payments.

The head of an allegedly unlawful debt collection operation is banned from that business under a court order obtained by the Federal Trade Commission.

Visa Inc. appealed to the public as it responds to Walmart Stores Inc.’s decision to stop accepting the network’s cards in Canada, accusing the retailer of “unfairly dragging” millions of shoppers into private negotiations over card fees.

Ally Financial has introduced its first credit card, as the online bank continues to add products to complement its staple car loans and online bank.

The operators of an alleged mortgage relief scam are charged with bilking millions of dollars from homeowners by falsely telling them they could join a so-called "mass joinder" lawsuit that would save them from foreclosure and provide additional financial awards.

Despite some early success, it can’t be ignored that there are still many merchants that cannot accept EMV chip cards.

A new assault on the major card brands over debit transaction routing got a boost this week when Home Depot sued Visa and MasterCard, alleging the card brands are pushing for the more expensive signature debit routing.

At least one school district will soon review hiring a collection agency to offset aid it is not receiving as a result of the state's budget crisis.

The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations reveals that consumers’ earnings and household income expectations for the coming year declined slightly from April to May while credit availability perceptions compared to last year and the coming year remained unchanged.