Merchant

Addressing the desire of small merchants that want a straightforward way to sell online, Square and Ecwid are partnering to synchronize sales and inventory between the physical and digital worlds.

WASHINGTON — Credit risk is once again taking center stage with regulators after several years in which they warned banks about operational risk and other threats.

Independent sales organizations and sales agents are finding that offering merchant cash advances and small-business loans can provide a lucrative sideline. But as with any enterprise, entrepreneurs who are focusing on the upside of the business should also develop a keen understanding of the pitfalls that can accompany a foray into alternative finance.

European mobile point of sale company SumUp has brought its technology across the pond.

OnDeck Capital, Lending Club, Funding Circle and Kabbage in the last week have all announced moves designed to boost their loan volumes.

The ACLU filed a federal lawsuit Wednesday accusing Biloxi, Mississippi officials of jailing people if they did not pay their court fees and fines.

In Minnesota, Anoka-Hennepin School District officials plan to hire a collection agency to pursue approximately $160,000 in unpaid breakfast and lunch money.

NARCA held elections for secretary, treasurer and board of directors at the NARCA 2015 Fall Collection Conference in Washington, D.C. While the secretary and treasurer positions were uncontested, ten NARCA members ran for six board seats.

Stockholm-based Seamless is threading currency exchange into its QR code-based mobile payment platform SEQR.

October 1 marked the dawn of a new era in the U.S. payment card marketplace. While there are not yet rules from the card brands that demand all parties utilize EMV technology, the financial liability shift is a significant first step across a line in the sand that cannot be erased.