Merchant

When Starbucks Corp came to market in January 2011 with its mobile payments app, there had yet to be a retailer or foodservice operator that had gained much traction with the newfangled idea of a consumer using a mobile phone to make an in-store purchase.

The Dallas Women’s Foundation has awarded $3.1 million in grants to 98 nonprofits, including Consumer Credit Counseling Services of Greater Dallas, which received $120,000 a year for three years.

Square Inc. has purchased food delivery company, Caviar, in a move to add non-payment features to its mobile payment and ordering system.

Roam, a Boston-based unit of Ingenico, has begun offering its mobile payment services on Leapfactor, a business software platform.

Several hundred thousand dollars in loans have gone uncollected by the small-business lending arm of the Boston Redevelopment Authority, with more than half of its loans seriously delinquent, according to an internal audit.

City officials in Tuscaloosa, Ala. are reviewing whether to hire an outside debt collection agency to pursue outstanding parking ticket fines and penalties from stop light violations.

Seven defendants were charged Friday with illegally processing credit card payments on behalf of a massive Internet scam that allegedly bilked millions of dollars from consumers by repeatedly charging them for "trial" memberships they never ordered.

There were 49,000 completed foreclosures nationally in June, down from 54,000 in June 2013, a decrease of 9.9%, according to CoreLogic's latest National Foreclosure Report.

A study released Tuesday found that the share of Americans in collections has remained steady even as the U.S. pares down the size of its credit card debt.

Banks and payment service providers face increasing competition today in onboarding new merchants. For many of them, the merchant onboarding process is very time-consuming, inflexible and costly.