Merchant

There are many concerning aspects of the Consumer Financial Protection Bureau's methods, not the least of which include its proclivity to regulate via enforcement and its reliance on overly broad and ambiguous languageto support its activities.

Not long ago, mentioning the word aggregation would make any e-commerce risk analyst cringe. That’s now changed as payment facilitators have emerged as a key value add for acquirers and processors.

In the heavily competitive mobile payments market, the fastest way to lose is to pin all hopes on one vendor. Rite Aid learned this lesson the hard way as a participant in the Merchant Customer Exchange, a multi-retailer mobile payments initiative that demanded exclusivity from its partners.

Debt collection giant PRA Group reported growth in revenue, net income and cash collections for the second quarter.

The appetite for credit unions to offer mortgage loans appears to be greater than other financial institutions, according to new TransUnion research.

The financial services industry is engaged in a rousing discussion about credit scoring with alternative data.

Blockchain technology is garnering a lot of buzz these days—and with good reason. Enthusiasts are experimenting with ways to apply the technology to everything from secure digital voting systems and stock exchanges to music distribution, smart contracts, and health records.

International payment services provider Planet Payment has made changes in its executive leadership, naming Robert Cox president and Raymond D'Aponte chief financial officer.

A federal judge has overturned a New York City law that would have required banks to make new disclosures regarding their investments in local communities.

The NASA Federal Credit Union will mix science non-fiction and fiction, providing Star Trek themed credit cards on request to its members.