Merchant

The mortgage delinquency rate in the U.S. dropped in August by the largest amount, based on a yearly comparison, since 2011, according to data from Black Knight Financial Services.

WASHINGTON — The Consumer Financial Protection Bureau's method for detecting discrimination by indirect auto lenders can overestimate potential bias, resulting in higher payments for lenders cited by the agency, according to internal CFPB documents.

Fifth Third Bank will pay $18 million to settle Consumer Financial Protection Bureau allegations it discriminated against black and Hispanic consumers by charging some people higher interest rates on auto loans.

The merchant EMV liability shift is coming this week, and many merchants argue they don’t need to invest in new payment terminals because they’ve had only one or two fraudulent incidences in the entire history of their business.

Citigroup has agreed to issue private-label credit cards for Wawa, a Mid-Atlantic convenience store chain.

When Samsung Pay launched in the U.S. on Monday, it did so on schedule but with less issuer support than had been expected, with only Bank of America, Citi, American Express and U.S. Bank announced as participants.

Debt-buying giant Encore Capital Group officials announced Monday that the company is acquiring a controlling stake in Baycorp, one of Australia's largest debt resolution companies. Terms of the deal were not disclosed.

Officials with the Ohio attorney general’s collection-enforcement division report that approximately $34 billion in government debt owed by corporations and consumers is being pursued by 70 outside law firms and third-party agencies.

The U.S. might be ahead of the rest of the world in some areas of security, but when it comes to protecting against credit card fraud, we’re way behind.

The collaboration between financial institutions and technology firms runs deep, but banks' recent criticism of lax regulatory oversight for nonbanks reveals fissures.