Merchant

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

The percentage of auto loans to buyers with the poorest credit ratings is growing faster than the rest of the auto finance market, according to an analysis from Experian Automotive.

U.S. authorities cracked down on two major payday lending empires Wednesday, arresting three people tied to the industry, including race car driver Scott Tucker.

WASHINGTON — The flood of new apartments will put upward pressure on vacancy rates in the next two years, but the multifamily market should stay strong, according to a new Freddie Mac forecast.

Electronic payment automation delivers significant time and cost savings and can actually turn accounts payable into a profit center through card rebates.

Most consumers, when dining, still enjoy the simplicity of dropping cash on the table than using something newer, like an EMV card or a mobile wallet, even when those payment forms are becoming more commonplace in other stores.

The CFPB is reporting on a financial scam targeting older consumers who previously were victims of fraudulent money-making schemes such as timeshare investments and in-home business opportunities.

Sen. Bernie Sanders' victory in the New Hampshire primary will undoubtedly provide fresh momentum for his campaign against Hillary Clinton, but is also likely to subject many of his proposals to a harsher spotlight as his credibility as a candidate grows.

Three in four lenders said it is increasingly difficult to find and acquire new customers and that they’re challenged by a low interest rate environment that’s spurring competition for a pool of consumers who receive multiple credit offers, according to a TransUnion survey.

Outstanding revolving debt, including ongoing lines of credit used by consumers, jumped to $935.6 billion as of December from $841 billion in 2010, according to data from the Federal Reserve and a report from ValuePenguin.