Merchant

Point of sale software developer Amber Systems Technologies has integrated EMV-chip card processing into its Vigore POS restaurant management system.

Though most merchants will be liable for fraud if they do not upgrade to EMV-chip card terminals by the start of October, many do not see themselves affected by fraud on the same scale as the major retailers that have suffered massive data breaches.

A Jackson, Miss. city council member has floated a plan to have local police collect millions of dollars in overdue water bills.

Total System Services (TSYS) has launched a new data analytics tool called TSYS Analytics Intellisuite, which will feature dashboards for real-time data monitoring and analysis of consumer portfolios.

Bitcoin possesses the potential to transform the way we make payments, lowering transaction costs and vastly expanding the scope of commerce globally by creating access for markets and individuals excluded from the current system.

The CFPB and the New York Department of Financial Services filed a lawsuit in federal court against two companies, Pension Funding LLC and Pension Income LLC, and three of the companies’ individual managers for allegedly deceiving consumers about the costs and risks of their pension advance loans.

Eighteen marketers that allegedly cheated U.S. and Canadian consumers out of more than $7 million are banned from selling business or work-at-home opportunities under court orders obtained by the Federal Trade Commission.

Bank repossessions of distressed homes hit a 30-month high in July, as financial institutions continue to work through the backlog of bubble-era loans.

Heartland Payment Systems has certified Digital Dining and its iPad-based point of sale system for its EMV-ready security technologies.

Illinois has amended provisions of the Illinois Collection Agency Act, including removing language about debt collectors and raising the maximum civil penalty for unlicensed practices.