Merchant

The errors - attributed to software purchased by a vendor - resulted in inaccurate customer credit information being reported to the credit bureaus. The CFPB warns that blaming vendors for technical snafus is not acceptable.

A candidate for the Massachusetts Attorney General's office and consumer advocates are calling for a halt to a new state program that uses automated calls to collect undeserved unemployment benefits.

VeriFone is targeting a wide range of markets for its taxi and merchant applications. The company has reached an agreement with Bharti Airtel Group in Africa and, separately, entered taxi payment deals in Turkey and Mexico.

Square won't require users of its $99 Square Stand to replace their hardware when they are ready to accept EMV-chip cards. Instead, the vendor will support EMV cards through the hardware's included USB hub.

Amazon's Square-like card reader comes at a very un-Square-like price, undercutting Amazon's competitor by a full 1% per swipe. But that promotion will eventually go away — and when it does, Amazon's merchants might go with it.

SumUp is preparing to bring its mobile point of sale device to a number of new countries, and hopes its practice of developing its technology in-house will help it contain the costs of chip and PIN card payments.

July marks a milestone month for complaints against debt collectors filed with the Consumer Financial Protection Bureau. On the statutory front, TCPA and FCRA lawsuits are both ahead of the year-ago pace.

Credit Karma must establish security programs to address risks during the development of applications and must undergo security reviews for 20 years under a settlement of Federal Trade Commission charges.

Default rates fell slightly in July to the lowest mark in more than 10 years, according to the S&P/Experian Consumer Credit Default Indices released Tuesday.

Square Inc. has received an investment from Victory Park Capital that it says will allow the company to significantly expand its Square Capital business financing program.