Merchant

This past decade brought us the iPhone, the maturation of the Internet of Things and the ability to pay with a dip, a tap, a text and a blink. We saw social platforms launch, unify the globe and then surpass 1.5 billion users, more than the population of the biggest country on earth.

ACA International filed a lawsuit in July to challenge the Federal Communications Commission’s Declaratory Ruling concerning the Telephone Consumer Protection Act. On Friday, in the U.S. Court of Appeals for the D.C. Circuit, the FCC filed its answering brief to the case, titled ACA International, et al. v. FCC and U.S.

Overlapping missions and jurisdictions are fueling competition between the Consumer Financial Protection Bureau and the Federal Trade Commission, according to former officials at both agencies.

The payments industry was the most active segment for mergers and acquisitions in 2014, but saw a shark 21% decrease in 2015 to fall behind capital markets, the top category.

First Data has unveiled Clover Go, a new EMV-enabled card reader for mobile devices and the latest device in its Clover mobile point of sale product line.

Verifone plans to acquire payment technology and switching solutions provider AJB Software, a move that would allow the point of sale hardware maker to offer more services to its acquiring partners as merchants deploy EMV security and mobile wallet acceptance.

A Michigan circuit court judge on Thursday banned Liquidation LLC and eight related companies from collecting on title loans that charge triple-digit interest rates.

Sometimes a big crash throttles the peloton and gives a few riders a chance to breakaway. In 2016, that is what we will see in the world of mobile payments. As EMV and Loyalty 1.0 eat the pavement, they will enable mobile payments, Loyalty 2.0 and new Uber-style apps to separate from the pack.

Approximately half of more than 40 enforcement issues made public by the Consumer Financial Protection Bureau have alleged violations of the Unfair, Deceptive and Abusive Acts or Practices provision of the Dodd-Frank Act.

Seven years after placing its first smart terminal in Africa as part of a financial inclusion program, French terminal maker Ingenico says the program has progressed to where it now has 50,000 terminals that aid financial services in the region.