Merchant

Vantiv has bulked up its merchant services capabilities through a series of acquisitions, a strategy that's making it more attractive to financial institutions.

JPMorgan Chase has agreed to pay more than $200 million to settle claims by federal and state authorities that the megabank wrongfully collected credit card payments on hundreds of thousands of consumers.

U.S. bankruptcy filings totaled 422,782 during the first six months of the year, a 12% drop from the 479,573 filings reported during the same period last year, according to the American Bankruptcy Institute, using data from by Epiq Systems Inc.

An exclusive Reuters report reveals JPMorgan Chase & Co. will pay at least $125 million to settle investigations by federal and state authorities that the bank sought to improperly collect and sell consumer credit card debt.

WASHINGTON — A landmark agreement signed by one of the country's largest credit bureaus and hailed by federal and state officials as a "tough fix-it order" was supposed to usher in a new era where such firms would clean up inaccuracies and better respond to consumer complaints.

The Consumer Financial Protection Bureau released a report detailing shortcomings found in how student loan servicers treat military borrowers.

New merchant technology is rapidly hitting the Australian payments market, putting acquirers on the spot to address the changes or risk losing relationships.

Total System Services (TSYS) has renewed its contract with Minnesota's U.S. Bank, one of the largest banks in the U.S.

A federal court has halted and frozen the assets of a nationwide credit card debt relief scam that allegedly stole millions of dollars from consumers.

Payment Alliance International, a Kentucky-based independent sales organization and ATM provider, has partnered with charitable fundraising firm Digital Processing Solutions to create a new "Digital Donations" program accessible through ATMs.