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Square is committed to its diversification strategy, furthering its transformation from a simple mobile point of sale provider to a company that also handles small-business loans, marketing and e-commerce.
December 29 -
The financial services company Santander's subprime auto lending business is under investigation by Massachusetts Attorney General Martha Coakley's office over concerns it may have been engaged in predatory lending practices.
December 26 -
2014 was a big year for payments. Disruption came from within the financial services industry and from outsiders like Apple and Walmart. Mainstream payment companies had to respond to these new competitors as well as adapt to fresh attention from regulators and fraudsters.
December 26 -
A data broker operation sold the sensitive personal information of hundreds of thousands of consumers to scammers who allegedly debited millions from their accounts, the Federal Trade Commission charged in a complaint.
December 26 -
The point of sale technology provider TouchBistro is partnering with Uber to provide free transportation service to restaurant patrons in Toronto.
December 24 -
An appeals court has upheld the four-year prison term of a former collection agency executive who was the mastermind behind a $12 million fraud scheme from January 2007 to March 2011.
December 24 -
WASHINGTON Medical debt may prove to be one of the complex areas that the Consumer Financial Protection Bureau will tackle in its highly anticipated rulemaking on debt collection next year.
December 24 -
A report from the U.S. Government Accountability Office reveals a drop in state funding for public universities is making it tougher for students to pay for college.
December 23 -
Rozanne Andersen, chief compliance officer at Ontario Systems, is named as a nominee on the 2015 Shortlist for the Women in Compliance Awards. Andersen was twice named one of the top achievers in collections by Collections & Credit Risk for her role in shaping the industry's legislative priorities.
December 23 -
Colorado's Attorney General John Suthers has sued two more foreclosure law firms for fraud, accusing them of inflating costs charged to homeowners.
December 23


