Merchant

Lovers of Krispy Kreme doughnuts and coffee now have a mobile app to pay for their purchases and receive rewards.

The amount of people with loans transferred to collection agencies or debt management has more than doubled in the fiscal year ending in September.

One week after the city of Peoria, Ill. issued an edict that $1.8 million in delinquent parking fines were being sent to a state-run collections program, city officials are reporting strong early returns.

Swatch Group AG plans to start selling a timepiece that can make contactless payments in the U.S., Switzerland and Brazil early next year through an agreement with Visa Inc.

The industry won a small victory this month when the House voted to nullify Consumer Financial Protection Bureau guidance that had led to recent auto lender settlements, but the real battle over the bill and its potential impact is just beginning.

The holidays are approaching, and mobile is going to play a bigger role in e-commerce than ever before. Last year, mobile holiday shopping traffic surpassed desktop for the first time and retailers are expecting even higher mobile traffic this year.

Amazon.com is big enough to try things that other retailers would find too risky. Over the years it has developed many groundbreaking payment technologies and revolutionized e-commerce, but not all of its ideas have done well.

Banks continued to report strong profits in the third quarter, but the Federal Deposit Insurance Corp. on Tuesday highlighted a definite warning sign it sees in bank portfolios: riskier loans.

While the CFPB's latest monthly complaint report highlights bank account and service complaints, debt collection ranked as the top category.

TransUnion and Ontario Systems announced Tuesday a collaboration to offer collection agencies TransUnion's new CreditVision recovery model.