Merchant

Dollar collections dropped and the amount of credit extended also slipped. Accounts placed for collection fell as well, a sign more creditors are falling too far behind to ignore, sparking more collection activity.

The U.S. Supreme Court declined Monday to hear an appeal from Equifax Inc. involving what it considered an adverse tax ruling in Mississippi.

A veteran acquiring executive describes recent changes at First Data Corp. as "the awakening of a sleeping giant" that has placed a renewed emphasis on independent sales organizations and sales agents.

The telco is offering Payleven's hardware to enable its small-business customers to comply with an Italian mandate to cut back on cash use.

A U.S. District Court has dismissed a class-action lawsuit citing Telephone Consumer Protection Act violations related to a series of autodialed collection calls made by a hospital provider to an individual's cell phone.

The city council in Victorville, Calif. has passed a 45-day moratorium on permits for payday lenders as it explores the risks the short-term loan businesses pose to the city's low-income population.

In SaveUp's first foray into the payments industry, the financial management provider is linking its reward program to PayPal's prepaid MasterCard to attract younger consumers.

Zombie foreclosures tend to erode local government tax revenue and have been commonly cited by local officials nationwide as a key reason for rising tax delinquencies prompting the increased use of third-party collection agencies.

Revel has added a dashboard for Yelp and Foursquare to its point of sale tablet, giving businesses a way to respond immediately to any complaints or praise posted to social media.

A new report reveals that an estimated 12 million Americans choose payday loans each day to avoid outcomes like long-term debt but that the average loan requires a repayment of more than $400 in two weeks, when the average borrower can only afford $50.