Merchant

With Visa Inc. set to merge with Visa Europe, the U.S. company stands to benefit from the experience its London-based counterpart has in mobile and digital payments. It could also supercharge these projects with added resources.

PRA Group reported third-quarter revenue of $229.4 million, a 4% drop that fell far short of 9% growth expectations. The debt-buying giant’s net income dropped by nearly two-thirds from year-ago levels.

Borrowing by U.S. small businesses increased overall growth in September, according to the Thomson Reuters/PayNet Small Business Lending Index.

The rollout of EMV is accompanied by increased card not present fraud, but banks can reduce losses using voice biometrics in the call center.

Automobile lending reached its highest level ever at the end of the third quarter while showing few signs of credit weakness, the credit bureau Experian reported Wednesday.

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.