Merchant

Apple Pay's NFC-based mobile pay system doesn't automatically equate to a marriage between the retailers' point of sale and the contactless communication technology.

For many months, subprime auto lenders have been insisting that the industry's boom will not be a precursor to the kind of collapse that knocked out the subprime mortgage business.

Green Tree Servicing LLC will pay $232,000 to Vermont consumers and the state for the firm's faulty debt collection practices and the late payment of property taxes.

Remittance provider TelUPay is relying a local ATM network to reach the substantial remittance payments market in Indonesia.

Naming an inspector general at the Consumer Financial Protection Bureau would result in a net cost of $49 million between 2015 and 2024, according to a Congressional Budget Office report.

The Federal Trade Commission is suing debt broker Bayview Solutions LLC for posting the debt portfolios of 28,000 consumers online, including full bank account and routing numbers.

The device, known as Clover Mobile, allows merchants to perform a variety of business functions, including scanning inventory and taking payments, using a mobile tablet. Earlier versions of Clover, called Clover Station, were designed to be affixed to a countertop.

Two Native American tribes have dropped their federal lawsuit against the state of New York that claimed its' campaign against payday lenders violated their rights as sovereign tribes.

The recent announcement from Apple, that it is now diving head long into mobile commerce, was universally embraced by many of us in the industry.

Collection industry giant NCO Financial System's parent company Expert Global Solutions (EGS) announced Monday it has closed a previously announced deal to sell several business segments to a private equity firm.