Merchant

The defendants in Tampa, Fla.-based operations that allegedly bilked consumers of millions of dollars are banned from providing the types of financial services used in their schemes. The settlement includes a $25.3 million judgment against one defendant.

SavedPlus has launched a platform that encourages consumers to save a small amount of money every time they make a payment.

A Web-based platform for businesses and individuals to send and receive electronic checks is being pitched as an alternative to typical online bank account transfers.

U.S. consumer credit growth slowed for the second straight month in July as a key measure of credit card usage fell, indicating consumers might be growing more cautious.

EVO Payments International has chosen a name to invoke the effect its perpetual software license from IP Commerce Inc. will have for the company — EVO Snap.

Today's the day Apple unveils the successor to the iPhone 5. Here's a look at the leaks, patent applications and other rumors that shed light on the company's mobile payment plans.

PayPal has unveiled PayPal Beacon, a plug-in device for merchants that will detect when shoppers running PayPal's mobile app enter a store.

Buttercoin wanted to be a Bitcoin exchange, but after being discouraged or outright rejected by over 76 financial institutions, it chose a different path.

MoneyGram is further expanding its funds transfer services internationally by partnering with DenizBank, a Turkish private bank.

California’s legislature has voted to reform a money-transmission law that has come under fire for stymying payments innovation.