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Installment payment provider Klarna will share technology with e-commerce technology company Digital River as part of Klarnas stategy to extend services to the U.S. and other markets.
October 6 -
Square Inc. has closed its $150 million Series E funding round, putting the payments technology company at a $6 billion valuation, according to a New York Times blog.
October 6 -
The House Oversight Committee, which earlier this year admonished the Department of Justice over its tactics for combating fraud in the payments system, has turned its focus to the role of the Federal Trade Commission in the ongoing crackdown.
October 6 -
ACI Worldwide is flexing its acquired bill payments technology muscle, inking a deal with financial technology provider Shaw Systems Associates Inc. that will allow Shaw's clients to expand loan payment options to their customers.
October 6 -
The Consumer Financial Protection Bureau responded Friday to collection law firm Frederick J. Hanna & Associates' motion to dismiss a lawsuit that charges the firm with operating a collection lawsuit mill. Parts of the response likely will draw the collection industry's ire.
October 6 -
Wells Fargo Bank NA has joined a growing list of acquirers using an American Express program designed to help smaller merchants accept Amex card payments.
October 3 -
Hamstrung by low consumer and merchant adoption, multi-account cards are still a product in search of a market. But Stratos Inc. believes Bluetooth technology is the tonic that will lure users.
October 3 -
GoDaddy is partnering with online payments provider Stripe to entice small businesses to embrace e-commerce by adding faster credit approval and card acceptance.
October 3 -
A federal court on Thursday halted a telemarketing scheme that duped senior citizens by pretending to be part of Medicare and took millions of dollars from consumers' bank accounts without consent.
October 3 -
EBay and PayPal were once rivals, but in 2002 they joined to become a single company. Since then, PayPal has worked to move beyond the confines of its parent's online auction site. It is now well prepared for its planned spinoff.
October 2
