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Credit card delinquency rates are expected to rise nearly 10% from 1.51% in Q4 2013 to 1.66% in Q4 2014, according to TransUnion, which also released mortgage delinquency rate forecasts.
December 12 -
Thousands of consumers scammed by Nevada-based payment processor Automated Electronic Checking (AEC) Inc. will get some of their money back as a result of a lawsuit and settlement reached with the Federal Trade Commission.
December 12 -
Planet Payment and PT Bank Central Asia (BCA) have launched a service that allows consumers to make international payments in their own currency.
December 12 -
Consumer spending growth slowed in November despite strong holiday retail sales on Thanksgiving and the next day, according to First Data Corp., a global payments processing and electronic commerce company.
December 12 -
The real mobile revolution in opportunity for small business payments is occurring not in consumer wallets, but on the other side of the counter, with disruption in the point of sale terminal market.
December 12
McKinsey & Co. -
Square has purchased Evenly, a company that provides services for person-to-person payments. The move heightens Square's competition with PayPal and bolsters its own Square Cash product.
December 11 -
Global Payments and mobile operator 1O1O have launched a mobile point of sale service in Hong Kong.
December 11 -
Square's updated mobile card reader adds a lot of new technology, but its omissions speak volumes about the company's strategy.
December 10 -
An online survey revealed that one in 10 people who are married or living together classified their spouse or live-in partner as a "financial bully."
December 10 -
The FTC's goal of compensating victims of merchant fraud is laudable. But effectuating that goal through a "crackdown" on processors and ISOs, which effectively makes them insurers of merchant fraud, seems misguided.
December 10
