Merchant

A Defense Department proposal to strengthen financial protections for military personnel is still too weak, according to attorneys general from 20 states.

When it comes to gift cards, consumer behavior comes into play at different stages of the purchasing process—specifically when deciding whether to get a gift card over another gift, and when deciding on what type of gift card to get.

For MasterCard's Mung Ki Woo, the future of payments is an app that unlocks new consumer habits by literally unlocking their doors.

While many mobile wallet companies look to complement credit and debit card acceptance, South Africa's SnapScan is focused on merchants who accept only cash.

In Thailand, the National Legislative Assembly on Friday passed a draft law outlining a ban to protect people from being targeted by rogue debt collectors.

Staples Inc., the largest U.S. office-supply retailer, said 1.16 million payment cards may have been affected in a series of data breaches that occurred from July into September.

Senate Banking Committee Chairman Sen. Tim Johnson (D-S.D.) is calling for joint action between the Department of Education, Department of Treasury and the Consumer Financial Protection Bureau to address student loan industry issues - including debt collection and loan servicing.

T-Mobile has agreed to fully refund its customers for unwanted third-party charges it placed on their phone bills, paying at least $90 million to settle a Federal Trade Commission lawsuit filed earlier this year.

Retail stores have spent years fighting competition from the Internet, and Verifone plans to prove that it's a fight the brick-and-mortar side can win.

The Securities Exchange Commission charged the co-owners of Buffalo, N.Y.-based Reliance Financial Advisors with fraud for allegedly misleading clients about risks associated with a hedge fund managed by a former debt collector.