Merchant

Chase Pay, JPMorgan Chase's mobile wallet, has just landed an unlikely early partner with a history of going it alone: Starbucks.

A recent story published by media in Houston stated that a Texas man had been arrested for failing to pay his student loan debts. In fact, the man, Paul Aker, was arrested for failing to appear in court.

Despite banks' attempts to test and use blockchain, the technology that powers bitcoin, for their own commercial gain, it is outside the realm of possibility for the technology to serve any useful purpose for the intermediaries it was designed to replace.

Texas Capital Bancshares in Dallas has named TSYS Chief Information Officer Patty Watson to its board.

OnDeck Capital in New York reported a $5.1 million loss in the fourth quarter as revenue failed to keep pace with rising expenses.

Many consumers expecting a tax refund this year will use it to pay down debt or save the money, according to the National Retail Federation’s annual Tax Returns Survey.

The Consumer Financial Protection Bureau's use of enforcement actions to try and make broad changes to the auto lending market is fragmenting the industry further and potentially limiting a consumer's ability to negotiate for a lower interest rate.

Starbucks' loyalty program will soon reward bonus points based on money spent rather than recognizing individual purchases, a change designed to ease workflow and increase participation rather than dilute benefits, company executives said Monday morning.

Wisconsin lawmakers are reviewing a plan to send Milwaukee County’s debt to the state’s Department of Revenue for collection.

An estimated 6,200 accounts at Western Missouri Medical Center in Warrensburg, Mo. were inadvertently sent to a collection agency because of a computer glitch.