Payment processing

North American Bancard Holdings has completed its acquisition of Total Merchant Services, a merger that NAB says will make it the seventh largest processor in North America in terms of merchant locations.

Prepaid payroll companies are delivering new functionality and processes that enhance cardholder experience, writes Tal Clark, senior vice president and head of Money Network at First Data.

The OCC says banks face growing “strategic risks” from trying to compete and team up with fintech startups; U.K. investor group wants banks to provide more nonfinancial information about their conduct and culture.

Long wait times and improved marketing are a couple of reasons retailers should consider their own apps, writes André Stoorvoge, director of product marketing for payments at Rambus.

First Data has entered into several partnerships and made acquisitions as it attempts to diversify its product line to adjust to the growth of digital payments.

Vantiv acquired Worldpay, but JPMorgan's interest in an acquisition reveals its interest in payment processing.

The merger of the U.K. and U.S. payments processors carries both benefits and risks; Duperreault taps Marsh & McLennan veteran.

Vantiv's transaction enables it to offer payments technology in more channels, more markets, and entice grocers with services to counter Amazon.

InstaReM plans to use the investment to accommodate rapid volume expansion.

American card processor has a deal for its British counterpart; after passing Fed tests, banks still stressed by weak lending, low interest rates.