Merchant

The federal agency expressed skepticism about industry-developed standards Thursday, suggesting that there is currently no way to enforce the rules or punish bad actors.

Many financial criminals are switching to a more sophisticated kind of identity theft in which they open accounts based on stolen identities, or on composites of information stolen from different people.

The City of York, Pa., has partnered with MuniServices LLC, a business of PRA Group Inc., to provide revenue discovery and recovery services.

The news that Shell Oil has agreed to accept Chase Pay at more than 6,000 gas stations couldn’t have come at a more interesting moment.

Adli Dasuqi and his companies, American Handicapped Inc. and American Handicapped and Disadvantaged Workers Inc., agreed to settle FTC charges that they tricked consumers into buying household products on the pretext that the proceeds would help disabled people.

Kyle Largent offered himself up as "Exhibit A" for U.S. online merchants' greatest fear: that EMV chip card adoption at the point of sale would cause fraud to spike online.

Outstanding consumer credit, a measure of nonmortgage debt, rose by a seasonally adjusted $13.4 billion in April from March, according to the Federal Reserve.

Regulators need to start paying attention to "denial-of-system" attacks as one of the triggers that could bring down a systemically important institution.

Walk down your average street in this country, and you'll find it easier to take out a loan than buy a coffee. With 22,000 payday lending locations in the U.S., Starbucks would have to grow three times in size to compete. Since the 1990s, annual loan volume has bloated to an estimated $27 billion. That's a lot of coffee.

For the first time, retailers are facing sizable costs for counterfeit transactions but still not taking measures to mitigate their own risk, raising the question – after six months, how effective is EMV in the U.S.?