Merchant

Another year brings another attempt by Google to develop the winning formula that will allow it to compete long-term in the mobile payments war.

American Express' recovery from losing its partnership with Costco got a boost as it reached an agreement with Starwood Hotels to introduce a new payment card.

Traditional assumptions about how demographic groups adopt digital channels are fading as comfort with new technology becomes common, according to new research from payment processor Total System Services (TSYS).

Lenders are reporting stronger demand for commercial and private lending over the past two months, according to a report released Wednesday by the Federal Reserve Board, continuing a trend of mild-to-moderate improvement in banking fundamentals in recent quarters.

Regulators have made great strides in recent years in crafting responsible underwriting guidelines, developing servicing standards and eliminating products and practices to ensure long-term success for homeowners. But there is a debate as to how best to increase access to credit for qualified borrowers.

Visa and Verifone hope to reach merchants that are anxious to follow the shopping experience as consumers make purchases through a combination of apps, websites and in-store visits.

It comes as a shock to few people that we’re currently in a period of high fraud, in an environment that can be characterized with words like “high risk” and “unstable.”

Heartland Payment Systems has reported it suffered another data breach last month.

Revel Systems found its niche in the point-of-sale landscape by developing software that turned an iPad into a payment terminal. But a WiFi-based device such as a tablet is only as strong as the WiFi signal it's connected to.

First Resource Bank in Exton, Pa., plans to raise $6 million through a combination of common stock and subordinated debt to raise funds to redeem most of its Small Business Lending Fund preferred shares.