Merchant

A Michigan woman charged with embezzling $135,000 from collection agency Mid-Michigan Collection Bureau, where she was employed, received a sentence of one year in jail and an order to pay restitution, Clinton County (Mich.) Circuit Court Judge Michelle Rick announced this week.

While it is easy to vilify Target for its recent data breach, the card networks' refusal to take on real card security makes the retailer a victim along with consumers.

Youth payments company Oink has partnered with processor WorldPay in an attempt to broaden its merchant base.

The British Columbia Supreme Court in Canada has ruled that TransUnion can’t keep consumer credit data such as late payments on its records for more than six years.

Ohio Attorney General Mike DeWine's office received more than 2,400 collection complaints in 2013, with hundreds of those complaints involving potential scams.

Ingenico's Roam has added staff management functions to its mobile point of sale technology as the company pursues a broader range of businesses.

TeleCheck Services, Inc., one of the nation’s largest check authorization service companies, along with its associated debt collection firm, TRS Recovery Services Inc., have agreed to pay $3.5 million to settle Federal Trade Commission charges that they violated the Fair Credit Reporting Act.

The number of U.S. properties saddled with foreclosures last year dropped 26 percent from 2012, according to RealtyTrac, an online real estate firm.

Health and sports nutrition retailer GNC will deploy Near Field Communication payment readers at more than 3,100 retail locations in the U.S.

Receipts, typically a scrap of paper many shoppers throw away, can be easily reimagined as a tool to improve customer engagement, says Jack Dorsey, CEO of Square.