Merchant

Small to medium sized businesses are often cast as unprepared for the card network's October deadline for EMV-chip card migration. But how bad can it really be?

These technology players will see their share of transaction value from the banks significantly reduced in Europe, compared to the US, due to the huge discrepancy in interchange fees across the two continents.

Retailers beware: Starbucks is changing consumers' expectations in mobile payments yet again.

The convenience store chain 7-Eleven will let consumers pay bills at its stores through an app from PayNearMe.

The Consumer Financial Protection Bureau on Monday finalized several changes to its mortgage rules to help promote responsible lending by small creditors, particularly in rural and underserved areas.

Despite pledges last year to move "aggressively" to implement new credit scoring models at the government-sponsored enterprises, the Federal Housing Finance Agency's effort appears to have stalled.

The U.S. restaurant industry is still challenged to fit EMV-chip card payments into an ordering and payment structure built around cash and magstripe cards. The vendor MyCheck sees this uncertainty as an opportunity to win restaurants over to its mobile payment system.

Consumer litigation is going through some wild swings in 2015, according to the latest lawsuit numbers from U.S. district courts, but all key comparisons are tracking ahead of last year.

Kelly Cochran has vetted every rule that comes out of the agency, making her one of the most influential people in the financial services industry.

In a new book, PayPal founder and former exec Elon Musk argues that big thinking is missing from PayPal and payment startups. Put another way, NFC and QR codes won't repair the global economy. The problem is Musk’s big picture approach is it would challenge interoperability and ultimately stagnate the very industry he’s trying to save.