More than a year after proposing a click-to-cancel rule for subscriptions and recurring transactions, the Federal Trade Commission released a final version of the measure, officially called the ...
In dollar terms, quarterly same-day volume is getting ever closer to the $1-trillion mark, as the third quarter saw a total of $844 billion in transactions initiated and settled on the same day.
In related news, electronic funds transfer network Shazam has partnered with International Payout Systems Inc. to leverage IPS’s i-payout real-time payments platform. The partnership will enable ...
Plaintiffs in the lawsuit seeking to overturn the Illinois Interchange Fee Prohibition Act filed a motion late Friday requesting the court deny a request from several merchant organizations to join ...
The leveraged-buyout craze caught up with the electronic-payment processing industry on Monday when No. 1 processor First Data Corp. announced it had struck a $29 billion deal to be acquired by ...
Women’s apparel retailer Windsor Inc. will deploy the Manhattan Active Point of Sale technology from Manhattan Associates Inc. in its 350 locations. Also, merchant services firm Bluu Inc. will acquire ...