Merchant

A New York woman convicted of participating in an identity-theft ring was sentenced Thursday to two to six years in state prison. The ring stole more than $850,000 from hundreds of JPMorgan Chase customers.

Former Wells Fargo & Co. customer Shahriar Jabbari filed a lawsuit against the bank Wednesday accusing it of violating the Fair Credit Reporting Act.

The Payment Card Industry security standards council's PCI 3.0 revision, revealed in January, adds requirements that take effect at the end of June, putting unprepared merchants at risk of fines if they suffer a breach.

WASHINGTON — The Consumer Financial Protection Bureau is taking a closer look at companies that service student loans to determine whether there are patterns of abuse and misinformation in the $1 trillion industry.

Two law firms and their lead attorney on Wednesday lost a default judgment in New York County Supreme Court after allegedly participating in a fraudulent mortgage rescue scheme.

While unused credit largely hasn't been addressed in the U.S., in six countries—Brazil, Turkey, Argentina, Greece, Mexico and Israel—optimizing unused credit is enabling interest-free credit-card based installment plans.

Walgreens' vision for creating a patient-centered pharmacy combines mobile health care, digital health technologies and its Balance Rewards prepaid and loyalty system.

While Apple's taking an early incremental approach to Las Vegas, terminal manufacturer Ingenico is very bullish on the technology picking up steam with the gaming industry and its patrons.

"Big data" has been all the rage in the payments industry in recent years. While the hype seems to have subsided a bit, that might be because the most dedicated data-using merchants have put their heads down to focus on sifting through the data to investigate fraud.

U.S. Department of Education Secretary Arne Duncan on Wednesday received a letter from regulators in 11 states expressing concerns about information provided to students affected by the closure of campuses operated by Corinthian Colleges Inc.