Merchant

Consumers in China are making more purchases online than in-store, prompting the country's retailers to support payment options that are normally associated with e-commerce.

The executive in charge of protecting JPMorgan Chase & Co.'s computer network from hackers has been reassigned, after a year on the job that included controversy over his handling of a massive data breach and the departure of several top security team members.

A new version of Point-to-Point Encryption (P2PE) guidelines to be published by the PCI Council today will allow retailers—for the first time—to be able to create and seek certification for their own P2PE system, addressing a longstanding retailer concern about the earlier rules locking them into certain vendor relationships.

In an effort to appeal to more businesses by helping them manage their employees, Square has launched Square Payroll.

Total mortgage origination balances hit $466 billion in the first quarter, a 74.4% increase from the same time a year ago, according to the latest Equifax National Consumer Credit Trends Report.

Equal-opportunity small business lending can go a long way toward helping minority groups rebuild the wealth lost during the Great Recession. The CFPB has delayed implementing reporting requirements that could close the credit gap for far too long.

PRA Government Services, an arm of debt-buying giant PRA Group, has launched an interactive tool designed to aid the understanding of complex city and county budgets.

Credit Protection Association LP has won a jury verdict in a case involving both the Telephone Consumer Protection Act and Fair Debt Collection Practices Act.

The issue of "credit invisibility" has attracted a great deal of attention in recent months. The Consumer Financial Protection Bureau released in May a study finding that 26 million Americans do not have a credit history, and another 18 million are unscorable because their histories are too limited.

First launched as a method for tracking vehicles during manufacturing in 1994, the humble QR code has become instantly recognisable for most consumers as a marketing tool.