GA-based FleetCor Technologies has completed the previously announced acquisition of Comdata from Ceridian. The deal was valued around $3.45 billion.
The Federal Trade Commission has shutdown MyCreditHealth and ScoreSense, through at least 50 websites, including FreeScore360.com, FreeScoreOnline.com and ScoreSense.com. The three companies have agreed to pay $22 million for consumer refunds under a settlement with the FTC and the state attorneys general in Illinois and Ohio.
Western Union advanced its direct-to-bank transfers allowing customers to send money in minutes to major Indian banks. Western Union has successfully linked its retail agent network and digital transactional sites in select countries to move money in minutes to account holders of select banks via India’s revolutionary Immediate Payment Service (IMPS).
Purchase Dollar Volume in Canada for Visa and MasterCards rose 2.2% on a U.S. dollar basis in the third quarter (Q3/14). On a local currency basis, Visa’s (VS) reported a 6.5% year-on-year (Y/Y) increase in PDV, while MasterCard also posted a 6.6% Y/Y gain.