Technology

Student and auto lending both jumped in the 12-month period ended in July, according to an Equifax report released last week.

Ohio officials want child support agencies in the 88 counties across the state to improve collection rates 10% by 2015. The state’s average collection rate is currently 67.3%.

Banks can do business with Internet-based lenders that don’t violate the law, the nation’s primary payment system said in a letter that followed warnings from regulators about the online firms’ practices.

The Affordable Care Act was meant to spark a major increase in electronic payments, yet progress has been slowed by confusion and lack of interest.

Cloud payment processor and mobile commerce vendor i2c Inc. is providing the technology for Boom Financial's entry into Haiti with its text-messaging money transfer service.

The upcoming Samsung Galaxy Gear smartwatch will have a Near Field Communication chip in it, according to reports. But only time will tell if Samsung plans to use the chip for payments.

A Pennsylvania lawmaker has proposed a bill to force collection agencies to disclose in writing the amount they claim the consumer owes and the age of the debt they are trying to collect.

Visa has made several changes in its management structure, including the expansion of Bill Gajda’s duties.

Germany suffers from a high rate of card not present fraud, according to new data from predictive analytics and decision management software company FICO.

Sony Corp. now allows owners of the PlayStation 3 video game console to charge content purchases to their mobile phone bills with U.S. wireless carriers.