Merchant

U.S. bankruptcy filings totaled 629,570 in the first nine months of the year, an 11% decrease from the 705,728 total filings during the same period a year ago, according to the American Bankruptcy Institute.

A fintech startup that wants to change the way lenders and consumers square bad debts has raised $10 million in financing from a group of prominent investors.

Since mobile app purchases are of little use to retailers if consumers bail on the transaction, technology vendors are keener than ever to cure 'cart abandonment.'

The gaming market is evolving and becoming more lucrative by the year. As developers continually aim to recreate new ways to monetize game content, mobile payment operators hold a unique position in this profitable market.

The head of a sham debt relief operation agreed to a judgment of more than $7.9 million to settle Federal Trade Commission charges that he deceived consumers and charged them thousands of dollars while providing nothing in return.

Kabbage is one of many nonbank lenders looking to partner with traditional financial institutions. But the firm is facing a tough sell with bankers who worry about the risks associated with ceding control of the loan-underwriting process.

When Experian acknowledged Thursday that hackers had broken into one of its servers, it was bad news for everyone. Not just the 15 million T-Mobile customers whose personal information was compromised.

FPS Trust Co. and its sister company HealthSavings Administrators have integrated technology from the processor Total System Services into their operation.

Twitter Inc. named co-founder Jack Dorsey as chief executive officer, betting its co-founder and former leader will be able to revive fortunes at a social-media company that failed to impress investors following its 2013 initial public offering.

Though the EMV transition is a significant step in the effort towards making payments more secure, this EMV liability shift won’t solve mass data breaches on merchants.