Merchant

At a time when many independent sales organizations feel threatened by disruptors like Square and Groupon, which sell directly to merchants, Verifone is relying more on ISOs to extend its offerings to smaller stores.

WASHINGTON — Large mortgage servicers continued to shed delinquencies as overall loan performance improved in the fourth quarter, the Office of the Comptroller of the Currency said Friday.

The National Foundation for Credit Counseling's acquisition, announced Monday, will create the largest national nonprofit network of certified student loan counselors.

CardFlex Inc. and its principals have settled charges that they illegally processed more than $26 million in consumer charges on behalf of a company called I Works.

Geopolitical and regulatory risks are rampant in Europe, but Visa Europe is well positioned to weather the storm.

A federal court has halted the operations of a company that calls itself "FTC Credit Solutions." The company allegedly used false affiliation with the FTC to market bogus credit repair services to Spanish-speaking consumers.

The Consumer Financial Protection Bureau's plans for revamping payday lending set off a fierce debate Thursday over whether the agency had gone too far or not far enough, proving that this is likely to be one of the trickiest rulemakings the agency will ever attempt.

Wells Fargo will close its home-lending servicing office in Milwaukee and cut 1,000 jobs, saying fewer homeowners are falling behind on payments and seeking help keeping their homes.

A nationwide and cross-border crackdown on auto sales, including loan modifications, has included 252 enforcement actions.

Midland Credit Management Inc. reached a settlement with the New York City Department of Consumer Affairs related to an investigation of the company’s collection practices that started in 2012.