Merchant

Merchants have long known card network rules permit them to charge a different price for accepting cash versus cards, but outside of gasoline retailers, most merchants haven’t done much about it.

At a recent HCE Payments conference attended by Helixion there was an interesting debate about what form would drive contactless payments forward: mobile or wearables.

A Pennsylvania company that enrolls more than 100,000 students at for-profit trade schools and colleges across the U.S. and Canada will pay $95.5 million to settle claims it illegally paid recruiters and exaggerated the career-placement abilities of its schools.

First Data and NCR Corp. are flexing their scale muscles in an agreement that brings the technology strength of both companies to the grocery, petroleum and convenience store industries and expands NCR's ATM footprint.

In a growing number of cash-strapped Southern Illinois counties, state’s attorney’s offices are securing contracts with third-party collection agencies to pursue delinquent court fines and fees – sometimes for violations that occurred decades ago.

A federal court has granted a request by the Federal Trade Commission to shut down a tech support scam that allegedly bilked consumers out of more than $17 million by pretending to represent Microsoft, Apple and other major tech companies.

Consumer credit markets continued their strong performance in Q3 with mortgage delinquency rates holding a trend of double-digit annual declines and auto loans and credit cards showing signs of strength through stable defaults and balance growth.

The October 2015 “liability shift” date has come and gone. For years leading up to it finance and payments pundits (and eventually the general population) discussed the impact of this date to force merchants to migrate to EMV-enabled credit cards, from the decades old magnetic stripe standard.

Within less than 12 hours, LoanDepot Inc., a fast-growing mortgage lender, aborted its plan to go public and Fitbit Inc., the maker of wearable devices, priced a secondary offering below the previous day’s close.

A class-action settlement filed late Thursday awarded $59 million to tens of thousands of New Yorkers who had their bank accounts frozen and wages garnished in an illegal collection scheme.