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eFunds buys fraud-prevention company ClearCommerce

  Scottsdale, AZ-based eFunds Corp., provider of risk management, electronic payments and global outsourced payments processing, will acquire ClearCommerce Corp., a privately-held provider of fraud prevention and payment processing solutions for card-not-present transactions, including online and mail order/telephone order sales. EFunds will pay approximately $19.4 million in cash. The sale is expected to close by […]

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