Merchant

The Office of the Comptroller of the Currency has fined Bank of America $30 million for allegedly violating consumer protection rights of U.S. military service members while collecting debts.

Retail chain Sally Beauty knows that it was sick and when. Now the challenge is to figure out what made it sick.

EVO Payments is set to purchase Deutsche Postbank’s merchant acquiring business, P.O.S. Transact.

Android Pay is far more than a rebranding of Google Wallet. It's a reboot of Google's approach to mobile payments, picking the best of Google Wallet and Apple Pay while shedding the ideas that distract from each product's core focus.

The Consumer Financial Protection Bureau and the state of Florida were granted a final judgment against the Hoffman Law Group and corporate affiliates accused of using deceptive marketing practices and scamming homeowners into paying illegal advance fees.

As the deadline nears for U.S. EMV adoption, more processors are partnering up to help their clients speed through the certification process.

A joint complaint filed Thursday by federal regulators, if approved by the court, would require Provident Funding Associates to pay $9 million in damages to African-American and Hispanic borrowers for charging higher broker fees on mortgage loans.

A joint complaint filed Thursday by federal regulators, if approved by the court, would require Provident Funding Associates to pay $9 million in damages to African-American and Hispanic borrowers for charging higher broker fees on mortgage loans.

British online payments company Optimal Payments has acquired Canadian mobile platform developer FANS Entertainment for about $13 million.

A visit to an overnight shipping store in Napa Valley reveals that outdated payment-processing procedures remain de rigueur with some merchants — despite the fraud risk.