First Data Corp. says it does not expect an investigation by the U.S. Department of Justice of its money-transfer business to have an effect on the completion of its acquisition of Concord EFS Inc. The Denver-based processor said earlier this week it expects to close the merger with Concord Feb. …

First Data Corp. and the Department of Justice this morning announced an agreement in which the government now gives the green light to FDC's acquisition of Concord EFS Inc. and in which the Denver-based processing giant agrees to sell its majority stake in the NYCE debit network. First Data now …

Separate studies of online transaction fraud released this week cast new light on the problem of fraudulent Web transactions. The rate of online fraud is declining, according to a survey of online merchants conducted in October by CyberSource, Mountain View, Calif., a processor of online transactions. But indirect costs resulting …