Merchant

The FTC sent a summary of its 2015 work on debt collection practices to the CFPB to include in the CFPB’s annual report to Congress on the Fair Debt Collection Practices Act. The FTC and the CFPB share enforcement responsibilities under the FDCPA.

FCRA and TCPA cases were much higher in January compared with January 2015 (+31.4% and +39.8% respectively) but that follows a multi-year trend for the two statutes that doesn’t seem to be easing, according to data collected from U.S. district courts.

Matt Taylor, formerly the CEO of Mercury and now group president of integrated payments and emerging channels at Vantiv, shared insights into how his company made the right decisions at the right time.

M-commerce and payments are a tsunami that no retailer can ignore, but engaging consumers on mobile, and more importantly, converting consumers, remains a challenge for retailers of all sizes.

WASHINGTON — President Obama on Wednesday named Thomas Donilon, the former national security adviser, to chair a special commission to develop a long-term cybersecurity strategy.

About 10% of midsize businesses say they want to develop a relationship with nonbank providers, such as marketplace lenders or business development companies, and even more are said to be considering switching banks.

Pathfinder Bancorp in Oswego, N.Y., has exited the Small Business Lending Fund program.

The NCUA's plan to expand credit unions' business-lending powers generated more than 3,000 comment letters, mostly from bankers urging a "no" vote. But the agency's board is expected to stick by its original proposal.

There are millions of businesses deserving of loans that banks using traditional data resources might overlook due to their thin credit histories.

For the last nine months, marketplace lenders have been hoping the Supreme Court would save them from a lower-court ruling that raised fundamental questions about their business model.