Merchant

Braintree, a six-year-old payment processor, says it now handles $10 billion in annual transactions. The milestone comes as the company is steadily growing its international customer base, most recently with the addition of Mojang, the Sweden-based maker of games like Minecraft and Scrolls.

The FTC's move to hold payment processors responsible for the deeds of unscrupulous merchants could result in higher prices or fewer choices for small businesses and consumers.

Parallon Business Solutions, a provider of healthcare business and operational services, announced Monday it has completed the acquisition of St. Louis-based The Outsource Group, a national healthcare revenue cycle management firm.

Debt buyer Encore Capital Group announced Tuesday it has closed the $177 million acquisition of Janus Holdings Luxembourg S.a.r.l., the indirect holding company of United Kingdom and Ireland-based Cabot Credit Management.

An estimated 2.5 million Californians had personal information put at risk in 2012 through some type of electronic data breach, according to a report from Attorney General Kamala Harris' office.

The "nuclear football" allows the president to order a nuclear missile attack from any location, and ZenithSecure took its idea for a new data security vault straight from the playbook for protecting those launch codes.

Members of the EMV Migration Forum are recommending a single common debit code for EMV transactions in the U.S. and plan to provide details later this summer for how the payments industry can implement it.

Intuit Inc. said Monday it has agreed to sell its online and mobile banking division in a $1 billion deal that doesn't include its payments technology for merchants.

Total System Services closed its $1.4 billion acquisition of NetSpend on July 1, in line with its previously disclosed schedule for closing.

A South Dakota man pleaded guilty Wednesday to one count of mail fraud for using the mail to steal more than $106,000 from his employer, AAA Collection Co., between 2009 and 2011.