Merchant

Verifone CEO Paul Galant is not happy with his company's performance in Asia, and plans a number of changes including personnel and the separation of China as its own region.

Nacha recently announced a rule change allowing for same day ACH payments. This decision was a heavily debated throughout the industry for several years.

At the Wayfair network of retail brands, more people are using its mobile commerce apps, but only a smaller percentage are on board with using those apps to make purchases.

As part of its proposed sale to Royal Bank of Canada, City National has made a big Community Reinvestment Act commitment, which includes targeting small-business loans at the minority- and women-owned suppliers of three power companies.

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.