Merchant

Point-of-sale payment provider payworks has released a white-label software development kit (SDK) that outside parties can use to develop mobile point of sale services.

Unlike Rite Aid and CVS pharmacies, which cut off contactless Near Field Communication (NFC) payments when Apple Pay launched in October of 2014, Walgreens never bucked the Apple Pay trend and did not take long to start accepting transactions from Apple's mobile pay service.

The relevant question is no longer whether new regulations will come for the fast-growing industry, but what form they should take.

Bitcoin may have had the most successful marketing campaign of any web technology in recent years. But now there’s a new buzzword making waves throughout the financial industry: “distributed ledger.”

Payments technology provider linked2pay has added remote deposit check capture to is Bank Centric Payments platform for resellers and independent sales organizations.

The FTC and other law enforcement officials across the U.S. announced Wednesday the first coordinated federal-state enforcement measure targeting deceptive and abusive collection practices. "Operation Collection Protection" could signal that regulators will be more aggressive, but also forthright about pursuing the industry.

Consumers' average daily spending in October totaled among the highest amounts this year and more than reports for October dating between 2009 and 2012, according to Gallup’s latest daily spending poll results.

The Federal Trade Commission’s news conference set for Wednesday concerning a debt collection law enforcement initiative reportedly involves unveiling a new national plan to stop nefarious debt collectors.

The CFPB has revised the process by which companies can appeal a supervisory action. The changes were mentioned as part of the agency's Supervisory Highlights report, which focused on concerns in the servicing of student loans and mortgages as well as debt collection and credit reporting problems.

As more merchants and consumers adopt mobile payments, many cybersecurity experts warn a boost in mobile payment-related breaches will result, though in some cases providers are sacrificing vulnerability for easier use and more adoption.