MCM staff

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DELUXE CORP. BUYS CUSTOM DIRECT

| MCM staff

DELUXE CORP. HAS ACQUIRED Custom Direct, a firm that provides direct-to-consumer checks. The sale price was $98 million, of which $86 million was used

Foiling friendly fraud

| MCM staff

FRIENDLY FRAUD NOW ACCOUNTS FOR one-third of total fraud losses for merchants that accept online payments, said Bob Botelle, executive vice president,

Management Shuffling at Neiman Marcus

| MCM staff

Burton M. Tansky will retire as president/CEO of luxury retailer The Neiman Marcus Group effective Oct. 6, and will be succeeded by Neiman Marcus Stores division president/CEO Karen W. Katz. Tansky, who has been president/CEO since 2001, joined the …