Merchant

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.

Banks are seeing steady growth in consumer loan demand nationwide, particularly in auto loans and mortgages, according to a report released Wednesday by the Federal Reserve Board.

What happens when you combine mobile wallets with the emerging hype about beacons? You get a winning combination for retailers that boosts shopper loyalty and in-store spending.

CPI Card Group Inc., which makes payment cards for firms including Bank of America Corp. and American Express Co., aims to raise about $300 million in an initial public offering, according to people familiar with the company’s plans.

Card payment acquirer and payment service provider EVO Payments has bought Citigroup’s merchant acquiring business in Mexico for an undisclosed sum.

The FTC's debt collection dialogue event set for Dallas later this month has been moved to a larger venue to accommodate demand. The goal of the series is to share information promoting fair collection practices.

The federal government hopes to convince banks to make more mortgage loans to risky borrowers after several costly disputes over a federal loan program led some to determine it wasn’t worth the trouble.