Merchant

The payments pioneer is transforming its merchant cash advance into a business loan, a move that has significant legal and regulatory implications.

I don't normally buy $300 of pizza. But it's not as unusual as my credit card issuer might think, and that's part of the problem for prevailing identity management strategy.

The payments pioneer is transforming its merchant cash advance into a business loan, a move that has significant legal and regulatory implications.

The CFPB has ordered Student Aid Institute Inc., a company accused of preying on student loan borrowers, to shut down, cancel all contracts and stop participating in the industry.

Huntington Bancshares has partnered with the owner of the NBA's Detroit Pistons to provide $25 million in financial support in Flint, Mich., in response to the city's drinking water crisis.

A federal court halted a Chicago-area operation that allegedly threatened consumers to collect phony payday loan debts and provided portfolios of fake debt to other debt collectors. It's the FTC’s first case alleging that practice.

An Iowa man, who battled the Iowa Department of Revenue for three years over taxes he argued collectors never should have demanded he pay, received a $5,000 reimbursement this week from his former employer.

Square Inc. is introducing a new e-commerce tool that lets merchants collect payments on their websites, putting the San Francisco company in more direct competition with online payments leader PayPal Holdings Inc.

In the coming years, biometrics will be the leading security metric to protect payment systems, but a single ultra-hack could derail this progression permanently.

The CFPB's latest monthly report on complaints from consumers focuses on debt collection complaints.