Merchant

Verifone is changing its logo and marketing to signal the many pivots it is making to provide a broader range of services to merchants that must embrace mobile and digital technology to stay relevant.

The fate of a New York City law governing debt collections is headed to New York's highest court to answer questions resulting from Berman v. City of New York, a lawsuit brought five years ago by a collection law firm challenging the city's statute regulating collection attorney activities.

Apple Pay is still new to the scene, but it's already forced a number of other online and mobile wallets to change course. Some are rethinking their technology, while others are trying to find the best way to build on the buzz Apple created.

The Peterbrooke Chocolatier has a new recipe for mobile payments: it's blending Apple Pay with NCR's order-ahead and mobile point of sale technology to engage its customers in a new way.

Starbucks Corp., which now handles 16% of its U.S. sales through its mobile app, revealed today just how dominant its position has become even as it plots new features such as preordering.

Prosecutors in California settled a consumer fraud case with Debt Free Associates LLC and are now urging eligible clients to seek the refunds they are owed, Monterey County (Calif.) District Attorney Dean Flippo said.

Subprime auto loan delinquencies have risen to levels that are higher than before the financial crisis and aren’t rising at the same pace as loans to others, Citigroup analysts wrote in a report, without citing specific issuers.

Soaring student loans and the reluctance of Millennials to own houses and cars threaten to define the entire generation and put them behind - as a whole - throughout their lives, a chief economist at Equifax said.

About 60% of the first cards loaded onto Apple Pay are Visa cards, and the card network plans to build on this beginning in an aggressive mobile commerce strategy, according to CEO Charles Scharf.

The Merchant Customer Exchange is facing harsh scrutiny after some of its merchants shut off all Near Field Communication capabilities to show allegiance with the merchant mobile wallet over Apple Pay.