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Discover Financial Services (DFS) is making headway in its efforts to bring eBay Inc.'s (EBAY) online-payments service to physical retailers, even as one of the country's largest merchant processors has opted not to support the service.The credit-card company said Tuesday it has deals with 50 merchant acquirers, which handle card transactions for retailers, to equip eBay's PayPal service as a payment option at checkout counters.More than two million merchant locations should be live with the service by year-end as a result of the contracts, up from 250,000 stores that have gone live since Discover and PayPal struck a partnership last August.But at least one merchant acquirer, First Data Corp., has decided not to equip its retail clients with PayPal for the time being.The Atlanta-based company told some clients last week that it hasn't signed on to offer its merchants PayPal in their physical stores."For a variety of factors and after evaluation of the PayPal product offering, First Dat...
Global Payments Inc.'s (GPN) fiscal first-quarter earnings fell 27% as the payment-processing company was hit by continued remediation charges related to a security ...
A growing number of small and medium-sized businesses are now mimicking larger multinationals and choosing to use the yuan when doing business with China, according ...
There are a few stocks that are down on high volume today:EMC (NYSE:EMC) was down on high volume after trading at a volume of 20.1 million, or 1.7 its average daily ...
Today, a few stocks are down on high volume:Trading with volume of seven million, or 1.9 its average daily volume, Monster Beverage (NASDAQ:MNST) saw its price drop ...
A unit of HSBC Holdings PLC (HBC) has agreed to sell its entire stake in a payment-processing company to its joint venture partner Global Payments Inc. for US$242 mi...
Global Payments Inc. (GPN) said Thursday a security breach that exposed potentially millions of consumers' payment cards to fraudsters will cost it $84.4 million.The...
Data breaches have become the new normal with big-name companies like Global Payments -- which services Visa and MasterCard -- and online retailer Zappos disclosing ...
These stocks are down on high volume today:The Fresh Market (NASDAQ:TFM) is trading down on a volume of 6.9 million, or 6.1 times its average daily volume. Shares ha...
MasterCard Inc. (MA) removed Global Payments Inc. (GPN), the transaction processor involved in a data breach, from its list of approved service vendors, the card com...
Global Payments Inc. (GPN), the transaction processor that disclosed a data breach in March, said late Tuesday that multiple card-payments networks have removed it f...
Credit card security breaches have become so common lately that you may have missed the latest one. Last month, Global Payments of Atlanta reported that hackers had ...
FOXBusiness.com's Kate Rogers on how small businesses should prepare for and prevent potential data breaches.
PayPal hit a new milestone on Tuesday in its quest to be accepted in millions of physical stores, however, the payment division of eBay Inc has yet to persuade Wal-M...
PKO Bank Polski SA (PKO.WA), Poland's largest bank by assets, expects to receive binding bids on Friday from parties interested in creating a joint venture with its ...
Disappointing manufacturing and employment data released on Wednesday caused Wall Street traders to reassess their exposure as the major averages sit near all-time h...
PKO Bank Polski SA (PKO.WA), Poland's largest bank by assets, is expected to close its sale of eService, its card payments unit, by the end of the first quarter, Pol...
Global Payments Inc. (GPN) will buy back $125 million of its stock from Bank of America Corp. (BAC) under an accelerated share repurchase agreement.The credit-card p...
Investors will once again focus on the fundamentals of corporate earnings in the coming week following months of fixating on Washington politics.Stocks staged a reli...
MasterCard (NYSE:MA) revealed mixed third-quarter results on Wednesday but said both sales and earnings climbed year-over-year as confident consumers used credit car...
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