Merchant

Frederick J. Hanna & Associates agreed Monday to pay $3.1 million to settle a CFPB lawsuit that alleged the firm illegally operated a debt collection lawsuit mill. The law firm has responded to the proposed settlement.

Freddie Mac is one-upping Fannie Mae by offering to retain some home loans that have defects but without requiring that mortgage lenders pay a fee.

The Minnesota Department of Commerce is warning consumers about a debt collection scam where criminals are falsely using the name of a St. Paul, Minn.-based law firm to target victims.

Collection law firm Linebarger, Goggan, Blair and Sampson has prepared a report on its collection of tax delinquencies for a county in Texas.

A late surge in shopping and pent-up demand for women's clothing gave a boost to holiday sales, according to early spending figures.

Despite increased investment and development in the consumer payments space around mag stripe, EMV and contactless payments solutions, there is still a huge concern when it comes to data theft.

The concept of a multi-merchant rewards program appeals to cardholders, but the widely advertised Plenti program managed through American Express has not yet reached its potential, according to new data from Auriemma Consulting Group.

Financial institutions considering whether to bank marijuana-related businesses often receive inaccurate information about the emerging industry. Here are five common myths.

A Massachusetts law firm allegedly used unfair and deceptive practices to collect debts from hundreds of thousands of residents in the state in recent years, according to Massachusetts Attorney General Maura Healey.

So, here we are, living in the “future”…many of us now finally have chip cards; the G20 nations are all in the post “liability-shift” world; we’re all expecting to be living in the new paradigm.