Merchant

The unveiling of the next iPhone is imminent, and with it Apple is expected to announce plans for a mobile payment system with the support of the major card networks, retailers and banks. But what, exactly, would go into such a system?

Merchant acquirers and processors are looking at a far different payments landscape in light of recent and anticipated developments from the Merchant Customer Exchange, Apple, Amazon.com and other companies.

The settlement requires Google to change certain billing practices and refund consumers at least $19 million.

A record number of consumers took out loans to buy cars in the second quarter, fueled by people purchasing used vehicles, according to data from Experian Plc.

Nearly 50% of customers between 26 and 34 say they are likely to switch banks to get targeted rewards, according to a new whitepaper from Cardlytics.

Balances on new cards are still below levels reported before the 2008 recession, despite an increase in open accounts.

The federal government should stop paying private collection agencies to pursue defaulted student loans, according to a report released Wednesday.

New York financial regulators filed a lawsuit Tuesday against a bank that allegedly denied access to mortgage loans to predominately African-American neighborhoods in Buffalo, N.Y.

The collection agency violated the law by sending a collection letter that could have identified the debtor.

Apriva says it has "future-proofed" its services for merchant acquirers by connecting to a digital currency gateway and developing a universal point of sale application that will handle upgrades on EMV-enabled terminals.