Total System Services Inc. (TSYS) announced Friday after the stock market closed that Pamela A. Joseph, the processor’s president and chief operating officer, had resigned from her positions and as a member of TSYS’s board of directors, effective Sept. 30. The resignation triggered speculation about the company’s future and apparently …

Netspend, the prepaid card unit of processor Total System Services Inc. (TSYS), will pay $53 million as part of a settlement it reached with the Federal Trade Commission over allegations concerning how it handled some marketing materials. The settlement, announced Friday, calls for Netspend to set aside $40 million to …

• Total System Services Inc. (TSYS) reported that it is talking with the Federal Trade Commission to settle the FTC’s November lawsuit accusing TSYS’s NetSpend prepaid card unit of deceptively marketing reloadable prepaid cards. TSYS took a $13 million charge in the fourth quarter in connection with the settlement talks. • Newtek …

Total dollar volume on Discover Financial Services’ networks increased 2% in the fourth quarter to hit $80.2 billion versus $78.8 billion a year earlier, but results varied among the company’s payment operations. Riverwoods, Ill.-based Discover reported Tuesday that the Discover credit card unit posted proprietary volume of $34 billion, up …

• Processor Total System Services Inc. (TSYS) reported that John Shlonsky, senior executive vice president of TSYS, and president of TSYS’s Merchant Services segment, has resigned effective Oct 7. Shlonsky joined TSYS in April with the company’s acquisition of merchant processor TransFirst Holdings Inc., where he was president and CEO. …

• Processor Fiserv Inc. said a new scoring model for its Payment Fraud Manager service designed specifically for automated clearing house transactions detected more than 90% of fraud while reviewing only 2% of the transactions in model validation tests. • Payment gateway Network Merchants LLC announced its SwIPe EMV chip …

• VeriFone Systems Inc. released an updated version of the EMV application for point-of-sale terminals used on processor Total System Services Inc.’s network that now includes EMV tip adjust among other functions. • ClickBid, a provider of mobile-bidding technology, says it is using hosted fields from Braintree, a unit of PayPal …

The U.S. migration to the EMV chip card standard continues to pay off for point-of-sale terminal maker Ingenico Group as the company reported a 14% increase in its North America revenue for the first six months of 2016. France-based Ingenico, in its earnings results released Tuesday, said it recorded 148 …

• Payments veteran Michael J. Schwartz was appointed interim chief executive of mobile-payments and -marketing firm Spindle Inc. upon founding chief executive Bill Clark’s resignation. Schwartz comes to the company from Fiserv Inc. Clark had been CEO since 2011. • Processor Total System Services Inc. (TSYS) purchased the 45% stake …