Merchant

The Consumer Financial Protection Bureau lacks the authority to investigate how accredit ors approve for-profit colleges, according to a ruling Thursday by a federal judge.

We have been clear from the start that the date fixed by the card networks for liability shift was far too aggressive and essentially resulted in a Christmas present to card issuers.

The CFPB filed complaints in federal court Thursday against two co-founders of a company that resold loan applications containing personal data to lenders and data brokers without reviewing the sources of those leads or the purchasers.

Sen. Ted Cruz has made killing the Consumer Financial Protection Bureau one of his key stances on banking policy during his fight to become the Republican presidential nominee.

U.S. home sellers in March sold their homes for $30,500 more than the purchase price, a 17% average gain in price and the highest average gain for home sellers since December 2007, according to RealtyTrac’s Q1 U.S. Home Sales report.

The commerce game is increasingly being played on a mobile field and so consumer packaged goods (CPG) companies must invest in a mobile strategy and specifically a mobile payment strategy soon, before they miss the boat.

Ingenico Group is confident it can translate consumers' love for big-screen entertainment into a payments technology blockbuster.

In its quest to supply small businesses with services that go beyond payments, First Data Corp.'s Clover subsidiary is extending e-commerce website support to its merchant clients beginning next month.

Debt buyer PRA Group (Nasdaq:PRAA), a global firm that acquires and collects nonperforming loans, has named Chris Burroughs as its new chief technology officer.

There are far more payday lending stores than McDonald's restaurants in almost every state in the nation. But unlike McDonald's burgers, payday lending is rarely affordable and generally not digestible.