News tagged with payment processors

Companies struggle to popularize mobile money

Mobile money may seem like a hot concept, but consumers aren't warming to it. At the world's largest cellphone trade show, here in Barcelona this week, the 70,000 attendees are encouraged to use their cellphones ...

Mar 01, 2013
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NY judge gives poker money man jail for bank fraud

(AP)—A man who processed money illegally for three Internet poker companies whose U.S. operations eventually were shut down was sentenced on Wednesday to five months in prison by a judge who said he played a "catch me if ...

Oct 04, 2012
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Four Canadians indicted on US gambling charges

US authorities seized the gambling website Bodog on Tuesday and announced the indictment of four Canadians on charges of illegal sports betting and money laundering, including founder Calvin Ayre.

Feb 28, 2012
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Verizon reverses on $2 fee for one-time payments

(AP) -- After a customer backlash, Verizon Wireless on Friday dropped a plan to start charging $2 for every payment subscribers make over the phone or online with their credit or debit cards.

Dec 30, 2011
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Visa again blocks funds for WikiLeaks

(AP) -- Visa said Friday it has closed a donation channel to WikiLeaks after a payment processor briefly accepted money transfers to the anti-secrecy site.

Jul 08, 2011
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Indictment of card hacker unlikely to end thefts

(AP) -- This week's indictment of a hacker believed responsible for the biggest retail-store data breaches in U.S. history doesn't necessarily make shoppers safer from having their credit card numbers plundered.

Aug 18, 2009
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Group says poker winnings are frozen

(AP) -- An advocacy group for online poker said Tuesday that the federal government has frozen more than $30 million in the accounts of payment processors that handle the winnings of thousands of online poker players.

Jun 10, 2009
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