Merchant

Wisconsin Gov. Scott Walker has signed a Wisconsin Consumer Act amendment that eases rules for debt collectors and clarifies requirements for creditors to collect debts.

The increase in m-commerce means the risk of consumer drop off is increasing—and retailers need to shore up their user experience to respond.

The mortgage servicer said it has received letters from the Securities and Exchange Commission regarding separate probes into its collection practices and fees.

More than 200 small banks across the country will be able to offer online loans to their small-business customers as part of a new partnership announced Tuesday.

The U.K.'s new MoneyGram Plus card seems at first like a standard loyalty card, but to MoneyGram it is a way to streamline the long and repetitive task of initiating a transfer through an agent.

The Third Circuit Court of Appeals issued an opinion in October that could drastically expand the already swollen ranks of consumer claimants under the Telephone Consumer Protection Act. It could also make it much more difficult for businesses to successfully defend against such claims in the early stages of litigation.

DBA International has announced its Receivables Management Certification Program (CMCP) continues to be adopted within the industry with nearly 100 member companies and 200 individuals receiving certification.

Debt collection, identity theft and imposter scams were the most common categories of consumer complaints received by the FTC in 2015. Collection complaints took the top spot.

The U.S. migration to EMV chip cards has been rough, according to U.K.-based Creditcall, which hopes its new certification from First Data can smooth things out.

In order to promote uptake of digital financial services (DFS) and achieve a fully operational digital ecosystem, mobile money needs to be as easy to use and as flexible as cash.