Merchant

Police in Texas are helping collect delinquent court fines by using license plate scanners and credit card readers that allow them to take payments on the spot, with the vehicle data collected and stored by a private company.

Discover Financial Services reported a slowdown in growth in its credit card business but vowed to take steps to reverse the trend.

DeVry Education Group responded Wednesday to a complaint filed by the Federal Trade Commission alleging that consumers were deceived about the chances of students finding jobs in their areas of study.

The rush to be a "one stop" for merchants by bundling mobile, Web and in-store payment technology is proving to be a heavy lift, in terms of cash, resources and IT skills.

The FTC has filed suit against the operators of DeVry University, alleging that DeVry’s advertisements deceived consumers about the likelihood students would find jobs in their fields of study and would earn more than those graduating with bachelor's degrees from other institutions.

TransUnion’s first-ever personal loan forecast found that both secured and unsecured loans will see balance increases and stable delinquencies this year. The strong performance is expected as the popularity for the products continues to rise among prime consumers.

Navient, a loan management, servicing and asset recovery company that services approximately $300 billion in student loans, released fourth-quarter and full-year financial results that reveal total delinquency rates are at the lowest levels in a decade.

RealtyTrac on Wednesday released its Year-End 2015 U.S. Home Equity & Underwater Report, which shows that there were 6.4 million U.S. properties seriously underwater - where the combined loan amount secured by the property is at least 25% higher than the property’s estimated market value.

Any way you slice it, 2015 was the year of fintech. From Bitcoin to marketplace lending and everything in between, fintech was a venture capital honey trap and a cocktail party buzzword.

Verifone, which is challenged to move beyond its reliance on selling traditional payments hardware, is producing an almost dizzying array of products in hopes of diversifying.