Merchant

While U.S. banks and clearing houses contemplate how to convert the country's payments system into near real-time, Taulia has made strides by offering a dynamic discounting option to encourage clients to use its technology for B2B payments.

Apple Watch is and will continue to be a big hit for their loyal consumers, both in terms of sales and acclaim. But for payments, it's not what consumers are looking for now.

So far, Washington has generally smiled on tech-driven lenders such as Lending Club and OnDeck. But many in the fast-growing industry are now bracing for closer scrutiny.

A proposal issued Friday by the Department of Education would tighten rules on the types of deal that colleges can enter into with banks to disburse federally guaranteed loans to students.

A $10.2 million settlement of a class action involving JPMorgan Chase has stoked the interest of banking industry and consumer groups in new rules for placing robo-calls.

The FTC has settled a case against an operation that allegedly used deception and threats to convince people to pay debts they did not owe.

A Jackson County, Mo. jury awarded a woman $251,000 in damages and assessed $82 million in punitive damages against the collection agency that sued her for a debt she said was not hers.

Southern Refreshments is updating its fleet of Georgia vending machines to include cashless options and mobile Near Field Communication (NFC) readers, a move that it hopes can boost spending.

Banks and consumer groups are both eagerly awaiting an FCC decision about whether to loosen federal restrictions on robo-calling consumers. A $10.2 million settlement announced this week involving JPMorgan Chase brought the issue back to the forefront.

On the same day the Consumer Financial Protection Bureau announced a probe into student loan servicing practices, stakeholders ranging from the Department of Education to borrower advocates outlined their wish lists for reforms.