Retail & Commercial

Social media-based payments technology continues to gain traction as processing provider E2E Payments announced it will include social payment startup Buyvite as one of the payment options in its network, alongside traditional credit card, virtual terminals, mobile and other payments products.

Payments industry participants are stepping up to help nonprofits and NGOs improve their ability to collect and distribute donations around the world.

Everyone seems to want the success that Square has in the mobile payments marketplace, and Amazon appears to be the next in line to join the device fray.

PORTSMOUTH, N.H. – Service CU is offering the public free tours of its new 100,000-square-foot headquarters built with the latest environmental technology, including geothermal heat exchange, displacement ventilation and other systems that reduce energy usage and provide healthy work environments.

D.C. District Court Judge Richard Leon pressed retailers and the Fed on the design and effect of the agency's rule capping interchange fees during oral arguments on Tuesday, but gave little indication of how he would decide the case.

Almost a month ago MIAC held an auction on $8 billion of Government National Mortgage Association servicing rights, but the firm has yet to declare a winning bidder on the deal.

Banks with less than $10 billion in assets are exempt from clearing and exchange trading requirements, but as derivative users they will have to post margin, keep records and amend documents.

Tuesday was the deadline for the nation's five largest mortgage servicers to implement 304 agreed-upon standards. Consumer advocates expressed skepticism that the companies have reached that goal.

The $15 billion-asset company said Monday it has completed its purchase of the business property lending unit of General Electric's (GE) GE Capital for $2.4 billion in cash.

Nationstar Mortgage went from private equity flop to a top servicer of troubled loans, thanks to deft management and a Fannie Mae partnership once hidden even from parts of the government.