Merchant

Rising delinquencies in subprime auto lending predictably have drawn comparisons to the mortgage meltdown of nearly a decade ago.

Consumers who have been issued EMV chip cards know how to use them. So it might come as a surprise when merchants equipped with chip card readers instruct their customers to swipe their cards instead.

American Express has filed a notice with the attorney general in California informing some of its cardholders that their account information may have been compromised.

Innovations in payment and financing services are changing the way that organizations around the world conduct business.

A lawsuit concerning how the court system in Biloxi, Miss. treats poor people who can’t pay fine won’t continue after the city, the American Civil Liberties Union and a private probation service agreed Tuesday to settle the case.

Signs of the subprime mortgage crisis were obvious long before the 2008 meltdown. Some recognized the danger but most dismissed the threats, arguing that a decline in home values would never happen. Other signs of distress went unnoticed or unappreciated.

Many people - across all age groups - lack retirement savings.

Terminal maker Ingenico Group has named Suzan Denoncourt as its managing director for all aspects of operations in Canada.

The Russian cabinet has reportedly approved a bill that would impose restrictions on collection agencies, including banning "psychological pressure" and the disclosure of debtors' personal information to a third party.

Merchants that postponed their EMV migration are feeling the sting of losses connected to the EMV liability shift. They are now shoring up their fraud defenses and—in some cases—speeding up their EMV-migration plans.