-
-
-
-
-
Some 318,000 payments in the United Kingdom were processed during the first three days of that country's "Faster Payments" service, according to a statement released Friday by APACS, a UK-based payments association. Financial authorities designed the service to provide quicker phone- and online-funds transfers. The service began on Tuesday. The value of the payments processed during the first three days reached nearly £200.2 million (US$396.6 million or 255 million euros), the association says. Average payment value stood at £625
May 30 -
By exiting from a longstanding joint venture, JPMorgan Chase & Co. is signaling its intent to expand its focus on the merchant acquiring and processing side of its cards operation.
May 28 -
United Technologies Corp., which made an unsolicited $2.66 billion bid for Diebold Inc., may withdraw its offer if it does not receive more financial information from Diebold. "We'll not buy that property without appropriate due diligence," Louis Chenevert, Hartford, Conn.-based United Technologies' new CEO, told analysts last week. Diebold, which is based in North Canton, Ohio, rejected United Technologies' offer, complaining that it was too low. Diebold is the world's second-largest ATM maker based on machines shipped in 2006.
May 27 -
Heartland Payments Systems Inc., a Princeton, N.J.-based payment processor, is buying the Network Services business of Dallas-based Alliance Data Systems Corp. for $77.5 million, Heartland announced this week.
May 8 -
-
-
-
-
