Merchant

The card networks are under pressure in a number of countries, providing ammunition for retailers wanting similar cost adjustments in the U.S.

Tucker, Albin and Associates Inc., a Richardson, Texas-based commercial debt recovery firm, has been certified by the Commercial Law League of America (CLLA).

Executives at The Intelitech Group and eBureau will lead a session Friday at ACA International's Fall Forum & Expo at the Hyatt Regency in San Francisco.

City leaders in Charleston, W.Va. hope to recover an estimated $3.1 million in delinquent fees by publishing the names of the largest offenders on the city's website.

U.S. asset manager Fortress Investment Group and Italy's Prelios, a real estate group, are expected to jointly purchase UCCMB, the debt collection unit of UniCredit, Italy's largest bank by assets.

MasterCard has agreed to buy the merchant payments unit of Transaction Network Services in Reston, Va.,a deal that would expand the e-commerce services offered by DataCash, MasterCard's payment processing subsidiary.

Years of budget cuts are having a negative impact on the ability of the Internal Revenue Service to collect delinquent taxes, according to a new government report.

As the mobile point of sale market matures, more merchants will migrate from smartphones to tablets, which Roam's Scott Holt said requires device-specific changes in design and technology.

Costco, which is replacing American Express in Canada, is also seeking bids for both an issuer and a payments network for its U.S. cards, a move that may result in a replacement for American Express in the States, according to two people familiar with the matter.

Best Buy Co., the world’s largest electronics retailer, is switching its credit-card processing partner to Visa Inc. from MasterCard Inc., according to two people briefed on the matter.