Merchant

There have literally been dozens of tablet-based point of sale solutions introduced to the retail market and with reason. The demand for a better point of sale software solution has been increasing rapidly.

More merchants are interested in accepting payments on tablets and phones, and they have many choices of providers. What are banks and vendors doing to set themselves apart? (Image: ShutterStock)

Expert Global Solutions, the holding firm for collections giant NCO Financial, is selling part of its accounts receivable management business to a private equity firm. Financial details of the pending deal were not disclosed.

The FTC and CFPB will co-host a roundtable in October to examine how debt collection issues affect Latino consumers, especially those who have limited English proficiency.

Debt buyer Portfolio Recovery Associates has acquired Aktiv Kapital AS, a Norway-based accounts receivable management company, in one of the largest deals in accounts receivable management history. The combined companies will be called PRA Group.

Powa is reaching out to individual software vendors around the world in an attempt to accelerate integration of its point of sale tools with local mobile apps.

First Data Corp. has added technology from Perka, its customer loyalty subsidiary, to its Clover Station point of sale tablets. This is the latest of several updates First Data has made to boost the appeal of its Clover offering.

Frederick J. Hanna & Associates responded to a lawsuit filed Monday by the Consumer Financial Protection Bureau.

The number of U.S. homes using only wireless telephones is growing, with two in every five households (41%) in the second half of 2013 reporting relying solely on cell phones, according to a National Health Interview Survey.

The CFPB filed a lawsuit Monday against Georgia-based Frederick J. Hanna & Associates and its three principal partners for operating a collection lawsuit mill that uses illegal tactics.