Merchant

WASHINGTON — The Justice Department is continuing to find cases of lenders steering minority borrowers into higher-cost loans three years after the agency forced several large banks into landmark settlements cracking down on the practice, according to a top DOJ official.

Stockholm-based mobile wallet provider Seamless Distribution AB is seeking beta testers for a new digital cash register service that would become part of its SEQR wallet application.

A mortgage relief services company and its owner agreed Thursday to settle allegations that they illegally charged homeowners an upfront fee for help they promised but never provided.

In today’s highly competitive landscape, brands are competing against one another on a “discount race” to try and offer the most competitive prices to their consumers.

SIM card and EMV technology provider Gemalto is working with Samsung to help the telecom company introduce Samsung Pay in Europe.

Software problems have recently plagued Bank of New York Mellon, HSBC and the New York Stock Exchange. Thorough testing and new quality standards can help financial institutions weed out weaknesses in their code that could (literally) break the bank.

Young people have a much different relationship with credit, requiring retailers to find different ways to enable financing to encourage larger purchases.

The San Francisco company hopes to lower its costs by driving out human intervention as much as possible. To get there, it has made the counterintuitive decision to locate its operations staff in one of the country’s most expensive cities.

Summit State Bank in Santa Rosa, Calif., has exited the Small Business Lending Fund.

A recent poll shows that since the Consumer Financial Protection Bureau was established in 2011, consumers don’t feel it has improved their lives but some believe the regulator should have more oversight.