Merchant

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.

Intuit, which works with numerous small-business owners through its QuickBooks software and other products, is learning that convincing merchants to adopt EMV technology will require more than just educating them on the technology and the consequences of missing the card networks' October deadline.

The link between debt in collections and local conditions such as access to health insurance and housing markets is strong, according to Signe-Mary McKernan, senior fellow and Co-Director Opportunity and Ownership Initiative at the Urban Institute.

The U.S. Department of Education has ramped up monitoring of ITT Educational Services Inc. after the Securities and Exchange Commission filed civil fraud charges against the Indiana-based for-profit college giant and two executives, the company revealed.

City National Bank in Los Angeles will provide $350 million in loans to minority- and women-owned small businesses as part of a community lending initiative, it announced Monday.

Credit reports and credit scores are valuable tools in the financial services industry. But many consumers could use more education in this area.

One of the iconic images to come out of Google's Android Pay presentation last week is its app loaded with one American Express card — and three retailer loyalty cards.