Merchant

EVO Payments International LLC has completed its acquisition of Deutsche Card Services, which was a subsidiary of Deutsche Bank.

Three years ago, Visa executives told investors that one of their goals was to enter new businesses, but Visa CEO Charlie Scharf, who joined the company in October, says that is no longer the case.

Identity theft continues to be the highest ranking consumer complaint, according to the Federal Trade Commission. With this in mind, Zoot Enterprises recently discussed the prevalence of identity theft and fabricated identities with Dr. Stephen Coggeshall, chief technology officer at ID Analytics.

A former leader of the Consumer Financial Protection Bureau on Thursday will announce the launch of Fenway Summer LLC, a startup mortgage lending and business advisory firm.

VeriFone is blunt about the issues plaguing the terminal maker and is working to restore its customers' confidence as it seeks a permanent chief executive.

Signature Card Services will give away EMV-enabled point of sale terminals to client merchants in the U.S. in an attempt to ease the transition to the chip-card standard.

U.S. Senator Sherrod Brown (D-Ohio) is pushing Consumer Financial Protection Bureau director Richard Cordray to tighten oversight of the collection industry, including possibly reforming the Fair Debt Collection Practices Act.

The Federal Trade Commission has sued a payment processing business that allegedly assisted and facilitated a telemarketing credit card interest rate reduction scam.

Debt buyer Encore Capital Group Inc. set June 13 as the closing date for the $200 million merger with Asset Acceptance Capital Corp.

Merchant Warehouse will make its Genius payments and marketing platform available to Retail Pro International LLC customers in what amounts to "future-proofing and a lot more" for the merchant payment terminals, says CEO Henry Helgeson.