Merchant

The total amount of uncompensated care by hospitals in Minnesota rose from $573 million in 2013 to $589 million in 2014, despite a 26% drop in charity care for the uninsured, according to the Minnesota Hospital Association.

Now's the time for merchants to bolster risk management ahead of the coming onslaught of card not present fraud.

Developers will now be able to access much of Visa's technology and services as the card network looks for ways to meet the demands of consumers increasingly relying on connected devices to transact.

For the first time in its nearly 60-year history, Visa is inviting third-party software developers onto its network with the goal of advancing digital commerce.

First Resource Bank in Exton, Pa., has received federal regulatory approval to exit the Small Business Lending Fund program.

Seamless, a Swedish maker of mobile payments software, has partnered with Xpress Money for international money transfers.

The CFPB stepped up efforts Wednesday to encourage banks to offer simple checking and savings accounts, but many institutions said they are already taking steps to try to reach the underbanked.

Home sellers realized an average price gain since purchase of 11% ($20,378) last year, the biggest average price gain since 2007, according to RealtyTrac's Year-End 2015 U.S. Home Sales Report.

The Ninth Circuit Court of Appeals ruled Wednesday in Baird v. Sabre Inc., et al. that a consumer provided prior express consent required by the Telephone Consumer Protection Act when she provided her cellphone number on a contact sheet.

City officials in Hazard, Ky., are ramping up efforts to collect approximately $200,000 in back taxes after sending out 1,100 letters to delinquent taxpayers last week.