Merchant

The tighter lending climate in the post-recession world has created new challenges for debt collectors. But those challenges can come with opportunities as the way business is done evolves.

An appeals court Wednesday upheld a lower court decision in a Fair Debt Collection Practices Act case against a collection agency.

U.S. residential properties sold at an estimated annual pace of 5,083,241 in February, a slight decrease from the previous month but an improvement from a year ago, according to a new report. February marked the fourth consecutive month that saw sales activity fall.

A road map for regulation of virtual currency is beginning to emerge as more states appear willing to issue licenses for entities offering exchange and other services.

FICO has announced the availability of FICO Custom Credit Education, a new credit education service designed to give consumers better access to their FICO Score and help lenders be more informative about credit scoring.

A closely watched barometer of consumer confidence surged in March to its highest mark in more than six years.

Payzone, a provider of payment technology for retail stores, hotels and restaurants, is planning to offer Seamless' SEQR mobile wallet to its approximately 20,000 clients.

RealtyTrac, a company that provides housing and foreclosure data, announced Tuesday that it has entered the tax, deed and mortgage data licensing business, making it the first new entrant in the business in more than a decade.

The problem with data-driven decisions is that we don’t always like the result. Credit scores are recently falling into that trap.

VeriFone CEO Paul Galant says he is re-organizing the terminal maker's fragmented research and development process and improving its current cost structure in an effort to repair the company.