Merchant

A federal judge granted the Federal Trade Commission’s request for summary judgment in the agency’s lawsuit against Amazon Inc., alleging the company billed consumers for unauthorized in-app charges incurred by children.

With the backdrop of a tough financial second quarter, Apple executives both sang the praises of Apple Pay's uptick in consumer use and admitted the company has to view the mobile payment service as a future money maker rather than a key contributor now.

Debt-buying giant PRA Group Inc. announced Wednesday the completion of its public tender offer to purchase shares of Warsaw, Poland-based DTP S.A., a mid-size debt buyer and collection agency active in Poland.

Apple Pay's plans to expand to online retailers may seem as simple as a natural progression, but appearances can be deceiving.

A troubling gap is growing between the promises being made around mobile payments to consumers and merchants, and what payments technology providers are actually delivering, according to PayPal’s Bill Ready.

Capital One's rewards and marketing may cause some short-term performance issues, but the institution's aggressive posture is necessary in the current environment, the company's CEO said.

Vantiv named Stephanie Ferris chief financial officer, promoting her from deputy chief financial officer, a post she has held since September 2015.

The U.S. District Court for the Eastern District of Texas has granted the government’s motion for summary judgment against Texas-based collection agency Commercial Recovery Systems Inc. and its president, Timothy Ford.

The hurdles to broader EMV adoption in the U.S. have many causes, but to the consumer the end result is typically the same: A longer payment process with no immediate gain.

KKR & Co. reported a loss for the first quarter after its biggest investment, in payments processor First Data Corp., lost a fifth of its value, highlighting the heightened exposure a private equity firm takes on when it bets its own money on a company.