Payments provider North American Bancard Holdings LLC said it completed its acquisition of Total Merchant Services Inc. The combined company now processes nearly $50 billion in payments annually. FitPay Inc., a provider of payment-authentication technology, said it will offer prepaid capability on contactless-enabled wearable devices through a FitPay prepaid Mastercard. The program will allow …

When fraudsters launch a cyber attack, they may not be their target’s worst enemy. Equally troublesome could be the business’s own staff, according to results of a survey of 5,000 companies around the world released Monday by Kaspersky Lab, a Moscow-based global cybersecurity firm. It turns out employees not only …

• Juniper Research released a study estimating retailers globally will sustain $71 billion in card-not-present fraud over the next five years. The firm cites the U.S. move to EMV and “delays” in the arrival of the 3D Secure 2.0 protocol among the reasons for the forecasted losses. • Michael S. Blume, …

By Jim Daly@DTPaymentNews North America remains by far the source of most data breaches investigated by Trustwave Holdings Inc., a big security-services and technology provider that operates worldwide, and the retail industry takes the lead in breaches despite the coming of EMV chip card payments to the U.S. Those are …

• PayRange Inc., which specializes in mobile payments for vending machines, has extended its service to coin-operated laundry machines. The service is available for Speed Queen and Maytag machines, with other makes to come, the company said. • Quick-serve restaurant chain Chipotle Mexican Grill Inc. updated consumers about a breach of its point-of-sale system …

• Processor First Data Corp. unveiled its First Data Global PFAC service for payment facilitators, which includes a single integration interface that enables merchants to authorize, settle, and fund transactions in more than 40 countries and 17 currencies. • Payment processor Clearent LLC is offering Visa Inc.’s Quick Chip technology to software vendors as …

With a forecast of 15 billion new devices as part of the Internet of Things potentially coming online as payments devices by 2021, securing these devices, whether they are cars, wearables, or appliances, is emerging as a top concern. “We are seeing a huge increase in inadequately protected devices,” Graeme …

With a forecast of 15 billion new devices as part of the Internet of Things potentially coming online as payments devices by 2021, securing these devices, whether they are cars, wearables, or appliances, is emerging as a top concern. “We are seeing a huge increase in inadequately protected devices,” Graeme …

• Santander Bank N.A. announced it is now supporting Apple Pay for its Mastercard credit and debit cards. • Healthy Solutions for Pets, a pet-supplement company, has hired Orderhouse to build an e-commerce store. Orderhouse’s services include technology, fulfillment, and payments. • Vantiv Inc. will provide ATM and debit and credit card processing …

• In the wake of a rival bid from Euronet Worldwide Inc., Ant Financial Services Group increased its offer for MoneyGram International Inc. from $880 million to $1.2 billion, or from $13.25 per share to $18. Euronet offered $1 billion for MoneyGram after Ant made its original bid. A special MoneyGram …