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Total System Services Inc., or TSYS, has moved quicker than it originally anticipated in acquiring First National Bank of Omaha’s stake in First National Merchant Solutions LLC.
January 4 -
During the just-completed holiday season, PayPal Inc. experienced a surge in consumers making purchases using its online payment service with their smartphones and other mobile devices, according to the San Jose, Calif.-based company.
January 4 -
Hoping to tap an emerging market, Visa Inc., MasterCard Worldwide and American Express Co. have been working to open their networks to third-party developers of software and smartphone applications.
January 4 -
Western Union Co. plans to acquire one of its European funds-transfer agents, the Englewood, Colo.-based company announced Jan. 3.
January 4 -
Fiserv Inc. has hired a former H&R Block Inc. official as an executive vice president and its chief operating officer.
January 4 -
Bank of America Corp. will take a $3 billion fourth-quarter charge stemming from settlements with Freddie Mac and Fannie Mae over poorly underwritten mortgages the bank sold to the government-sponsored enterprises.
January 4 -
Company profits in the payment card industry generally are on track to increase in 2011 if credit and debit card purchase volume continues its post-recession growth. But the fortunes of the four largest card networks may vary significantly in 2011, a new report suggests.
January 4 -
Credit card account originations are on the rise again as account-delinquency rates continue to fall and consumers continue to show discipline in their borrowing, a new report Equifax Inc. released Dec. 29 suggests.
January 3 -
VeriFone Systems Inc. has completed its acquisition of Gemalto N.V.’s point-of-sale terminal business, VeriFone announced Jan. 3.
January 3 -
Ukash is hoping a fraud-prevention service offered by Iovation will help to reduce the potential for improper use of its prepaid voucher service, the Portland, Ore.-based vendor announced Dec. 28.
January 3
