Acquiring

The proposed acquisition of Worldpay Inc. by Fidelity National Information Services Inc. (FIS) is about to clear another hurdle, according to Reuters. The news service is reporting that European Union antitrust regulators are poised to approve the deal without conditions. EVO Payments Inc. said its payments services are integrated into …

For years, business-to-business (B2B) e-commerce has been the distant cousin of business-to-consumer (B2C) e-commerce—less understood and appreciated, asked to wait in the other room while consumer-facing businesses from Amazon to Warby Parker soaked up all the adulation. But as B2C e-commerce and its supporting ecosystem matures, the potential for B2B …

Visa Inc. on Friday announced it will buy Verifi Inc., a 14-year-old, Los Angeles-based provider of tools that allow merchants, acquirers, and issuers to resolve chargebacks. Visa, which did not announce terms for the deal, said it will integrate Verifi’s technology with risk-management capabilities from CyberSource and CardinalCommerce, companies the …

After about two months of not accepting mobile wallets, J.C. Penney Co. Inc. this month quietly resumed accepting them, apparently by firing up its old contactless-payment acceptance system. The Plano, Texas-based department-store chain with about 860 locations had turned off its contactless system that used an older technology known as …

In a decision that could have far-reaching implications for the merchant-acquiring industry, a U.S. District Court judge has ordered independent sales organization Electronic Merchant Systems to pay more than $5.4 million in breach-of-contract damages to a sales agent. The decision arises from a dispute over residuals and the interpretation of …

Paysafe Group said its Rapid Transfer online-banking payments service available in 18 European countries will be coming to the U.S. through a new partnership with Skrill USA Inc. With Rapid Transfer, consumers can make ACH or wire-transfer payments at Skrill-accepting merchants without leaving the merchant’s Web site. Via Transportation Inc., …

While most North American payments fraud is related to identity and organized crime, one area—terrorism—stands out in this region compared to other developed markets. Eight percent of the 154 criminals cases reviewed by information-security firm Terbium Labs in its “The Next Generation of Criminal Financing: How Payment Fraud Funds Transnational …

EBay Inc. announced new payments application programming interfaces for developers, including a Finances API, an Account API, and a Fulfillment API. The new APIs are designed for the online marketplace’s new managed-payments program, in which the company has taken over payments processing from long-time provider and former subsidiary PayPal Holdings …

Independent sales organization Pineapple Payments announced it acquired rival Card Champ. Both ISOs are based in Pittsburgh. Terms were not disclosed. Diebold Nixdorf Inc. released the DN Series of ATMs. Diebold said 18 financial institutions in 13 nations are testing the machines. Payment Data Systems Inc. changed its name to …

FCA USA LLC, the automaker behind Chrysler, Dodge, Jeep, and Ram vehicles, will offer the Uconnect Market as part of its in-dash infotainment systems beginning later this year, the Auburn Hills, Mich.-based company announced Monday. The new service, which will deploy in the second half of the year as an …