Merchant

The CFPB's announcement Monday that it's accepting complaints about marketplace lenders is a sure of a move toward regulating the burgeoning industry. It comes as marketplace lenders also grapple with an uptick in delinquent loans and a decline in returns for loan buyers.

The uninsured rate in the U.S. has reached a record low from 2010, when the Affordable Care Act took effect, according to the U.S. Department of Health and Human Services.

In expanding Visa Token Service, the card brand is requiring issuers to stop using alternate personal account numbers in cloud-based mobile payments and instead converting to tokenization.

Financial technology and marketing provider Kasasa has launched a Credit Card As A Qualifier option for its community financial institution customers.

Outstanding consumer credit, a measure of non-real estate debt, rose by a seasonally adjusted $10.5 billion in January from a month earlier, the Federal Reserve reports.

The promise of unlocking some of the "big data" within payments is coming nearer, with new technology expanding the way consumer purchase data is used to shape marketing campaigns.

The idea of banks becoming Token Service Providers (TSPs) is an increasingly relevant move.

A Canadian lawmaker has introduced legislation to establish new ceilings for credit card interchange, and though it has the support of some retail groups, experts say the bill faces headwinds.

A Buffalo, N.Y.-based debt collector allegedly misled and coerced thousands of people into paying debts they possibly didn’t owe, according to a 41-count grand jury indictment.

The Consumer Financial Protection Bureau complaint portal showed the number of medical debt collection complaints, through early February, began to dip after August 2015.