Merchant

The payments landscape was on the rise in in the past year with the launch and adoption of several new virtual wallets.

Banks are looking to beef up ease and convenience in P-to-P payments to avoid being reduced solely to back-end payments processors for fintech startups.

Discover Financial Services is making an aggressive new bid for consumers who can't qualify for a traditional credit card.

Maria T. Vullo, formerly New York's executive deputy attorney general for Economic Justice, was nominated by Gov. Andrew Cuomo to serve as superintendent of a state agency that has played a key role in cracking down on debt collectors.

Nomorobo, a startup that blocks telemarketing calls, earned an endorsement from telecom giant Time Warner Cable Inc., which recently announced it will provide its phone customers easy access to its third-party robocall-blocking service.

In South Africa, parents who default on school fees are increasingly being turned over to debt collectors to help debt ridden high schools.

Imagine offering a borrower a better rate or a bigger loan because a handful of his buddies say he is an upstanding guy who they are so confident will pay back his loan that they are willing to cover a portion of it if he doesn't.

To plan for the inevitable, issuers need to consider three essential risk-management strategies including a business continuity and disaster recovery plan, a diversified partner strategy, and continued education for EMV cardholders and merchants.

Independent Bank Group in McKinney, Texas, has exited the Small Business Lending Fund program.

Ocwen Financial Corp. will pay $2 million to settle charges that it misstated its financial results in valuing complex mortgage assets, the Securities and Exchange Commission said this week.