Merchant

The Consumer Financial Protection Bureau has fined a medical debt collector and ordered the company to provide financial relief to consumers for mishandling credit-reporting disputes.

Banks are choosing to enable payment functionality through third party “Pay” wallet offerings in most part, and not their own mobile apps. And these are the same internet and technology companies banks themselves perceive to be their biggest threats.

The Consumer Financial Protection Bureau has fined a medical debt collector and ordered the company to provide financial relief to consumers for mishandling credit-reporting disputes.

The banking industry, which wanted curbs on costly lawsuits over unwanted robo-calls to consumers, was dealt a rebuke Thursday by the Federal Communications Commission.

The Federal Communications Commission rejected requests by banks and other companies that would have curbed lawsuits over unwanted phone calls to consumers.

Tyro Payments, of Australia, will integrate its point of sale technology with the in-restaurant ordering and payment system made by Canada's TouchBistro.

The most striking thing about Apple Pay's recent loyalty announcement is that it included no loyalty program for Apple Pay.

The CFPB on Wednesday sued an auto loan firm for aggressive debt collection tactics against service members.

Earvin "Magic" Johnson has made several moves in the payments industry over the years, and the latest puts him on Square's team.

The payment processor Total System Services (TSYS) has promoted a longtime employee to head up its North America consumer, commercial and health care lines of business.