Merchant

With an improving economy, higher-quality originations and declining delinquencies, the market for mortgage servicing rights is catching fire.

WASHINGTON — Federal Deposit Insurance Corp. Chairman Martin Gruenberg has been called to testify on recent cybersecurity breaches in front of a House committee this month.

The U.S. Department of Education has changed the student loan default rates at 21 colleges to allow them to continue receiving federal funding.

Despite the enormous upside, mobile wallet adoption rates remain relatively low, persistently underperforming expectations.

MagTek CEO Annmarie ‘Mimi’ Hart is eager to witness the potential of futuristic payment technologies, from wearables to ‘edibles’ and ‘injectables.’ But first, she must work with the merchant community to address the shortcomings of today’s approaches to payment security.

Forty percent of newly married people who responded to an Experian survey on finances reported they did not know their spouse’s credit score. One in three said their spouse’s spending habits were not what they expected.

An Oregon lawmaker wants to revive a bill next year that would make it easier to locate debtors who collectively owe the state more than $3 billion in back taxes and other debts.

With consumers generally averse to risk, financial institutions have an opportunity to rethink what it means to make bets in line with their customers' well-being.

The world of payments is changing, and a lot of that change results from the dedication of innovative retailers. Whether partnering with payment companies or going it alone, these brands are putting fresh ideas into practice.

There is some good and bad EMV-related news for the U.S. when it comes to chargebacks and false declines.