Payment processing

FleetCor Technologies Inc.’s latest acquisition puts the number of company buys at more than 40 within the past eight years as the fleet fuel card pursues a global growth strategy.

WISeKey S.A. and The Bancorp Inc. are hoping to give greater peace of mind to customers who conduct transactions online.

Fleet fuel card provider FleetCor Technologies Inc. has acquired AllStar Business Solutions Ltd. from United Kingdom-based The Arval Group for US$304 million (£194 million or 229 million euros), the companies announced Dec. 13.

Isis, still almost a year away from launching its mobile-payments application, is partnering with an industry heavyweight to serve as the security guard for its wallet.

Hold the phone! Google Wallet appears to have a security leak.

Despite new limits on debit card interchange, the price of Slurpees has stubbornly remained the same, according to a survey completed by the payments industry’s lobbying group.

Euronet Worldwide Inc. has acquired Romania-based Smart PayNetwork SA to expand its transaction processing for financial institutions in central and southeastern Europe, the e-payments provider announced Dec. 6.

Getting businesses to adopt electronic payments has been frustrating for banks, which still face high use of paper checks and exceptions.

Phishing is old news, which is part of why it is so dangerous today.

USA Technologies Inc. has appointed a board member, Stephen P. Herbert, as its chief executive and chairman, the banking-technology vendor announced Dec. 5.

Dwolla Corp. is celebrating the one-year anniversary of its national rollout by permanently waiving its transaction fee for small-ticket purchases and funds transfers.

Fundtech Inc. on Nov. 30 announced the completion of its merger with Bankserv Inc. and, in conjunction, the company discussed plans for a new set of products.

Acquirers representing merchants such as coffee shops and quick-service restaurants may be paying more in interchange for some small-ticket transactions under the Federal Reserve Board’s reduced debit rates than they are for cards exempt from the new rate cap, notes an attorney who frequently deals with clients in the payments industry.

A cybercrook attempting to purchase online products with fake credit cards or under a phony name likely would not be able to hide from a Retail Decisions Ltd. fraud-protection upgrade designed to enable merchants to know where their online shoppers are located, the fraud prevention consulting and payment processing firm announced Nov. 28.

Acculynk Inc. is banking on its relationships with major U.S. retailers to help it secure card-network partnerships in the international market to deploy PaySecure, its Internet PIN-debit product.

Processor 99Bill Corp. has entered the cross-border electronic-payments market in China, offering payment-processing services for Chinese merchants that sell their products and services internationally, the Beijing-based company announced Nov. 19.

The Financial Service Authority in the United Kingdom has authorized Euronet Worldwide Inc. to acquire ATM and credit card transactions throughout most of Europe without the requirement of a sponsor bank, the e-payments provider announced last week.

Black Friday and Cyber Monday were robust for retailers, which could translate into a profitable start to the holidays for cyber criminals as well, a data security expert suggests.

Starbucks Corp. plans to ride the U.S. success of its in-store mobile-payment method by introducing the application to customers in the United Kingdom and Ireland on Jan. 5, the Seattle-based company announced Nov. 24.

IVR Technology Group LLC’s Pay-by-Phone virtual terminal now can process check payments through a partnership with processor Global eTelecom Inc., the phone automation services provider announced Nov. 22.