Merchant

E-Commerce companies can't increase transactions by hiring more salespeople for their stores. But there is an excellent counterintuitive strategy: having an excellent return policy.

The mobile point of sale market is getting more and more crowded, even as the market's largest and most established players struggle to find footing.

As the Central Bank of Bangladesh threatens to sue the Federal Reserve Bank of New York over at least $80 million stolen from its account there, the Fed says its systems were not compromised.

The total balance of outstanding first mortgages in January jumped to more than $8.3 trillion, an increase of 2.1% year-over-year, according to data from the Equifax National Consumer Credit Trends Report.

Square is "betting big on Near Field Communication," but not to the point the company would consider bringing back its own Square Wallet app, CEO Jack Dorsey says.

The number of credit card accounts in the U.S. is increasing as the economy and job growth continue to improve, according to the American Bankers Association's latest Credit Card Market Monitor report.

The top Democrat on the Senate Banking Committee on Wednesday asked the FCC to include a range of consumer protections in new rules - including limiting the number and duration of calls that can be made.

Sen. Sherrod Brown is pressing the Federal Communications Commission to limit the number of calls collectors of government-backed debt can make to delinquent borrowers. His appeal comes at a time when banking groups are challenging earlier robo-calling regulations that they say inhibit their ability to collect debt.

Square Inc. reported fourth-quarter revenue that topped analysts’ estimates, suggesting the digital-payments business will continue to grow in the face of increasing competition from PayPal Holdings Inc. and Apple Inc.

Retirement was good for Pamela Joseph, former head of U.S. Bank's Elavon business, but not enough to overcome the lure of a high-level executive role at Total System Services, a company rapidly transitioning into a new age of digital payments.