Global Payout bids to acquire prepaid-based mobile banking provider

Global Payout will purchase 100 percent of Maxie Mobile, a company that enables payments and ATM withdrawals from a prepaid mobile account.

FEATURES


Will smart cards leapfrog mobile?

The ability to securely download apps to a consumer's smart card has been demonstrated. But why is this important to a market that is already moving toward mobile payment?

New guide caters to restaurateurs, retailers looking to boost income with ATMs

'How to Profit from ATMs: A Guide for Retailers and Restaurateurs' delivers 40 pages packed with essential information about the business of owning, operating and earning revenue from ATMs.

PayToo bridges mobile and ATM worlds with cardless cash access for the unbanked

The company's mobile wallet, which combines telecom and payment services, is crossing over to the ATM market to provide card-free cash access at PayToo-enabled Genmega ATMs.

Who's on first and who will lead down the stretch ...

The 'Acquiring and Switching Vendor Comparison Report' by PayX International is about as good a summary as you'll find when it comes to comparing payment processing platforms.

Cardtronics continues its upward course through Q2

With profits up 25 percent year-over-year, Cardtronics is looking like a company with plenty of blue sky ahead.

The 'cashless street': useful experiment or shameless PR stunt?

Who benefited from the one-day, cash-free tryout in a Manchester, UK, shopping district? We can give you a hint: It wasn't the customers or the merchants.

Card blocking, consumer alerts are keys to fraud prevention

Financial organizations are on high alert regarding payments fraud in the wake of recent high profile customer data breaches. Although overall payments fraud has decreased, attacks targeting debit and credit cards continue to rise. The majority of financial service companies...

Consumers' real-world cost of cash: A defining moment for ATM deployers and merchants

Many IADs believe it's a race to zero in terms of fees, but the true opportunity is to shift ATM transactional costs from the consumer to the marketers trying to reach them while they're “out-of-home."

Could Apple or Google smash the banks?

Tech giants don't need to compete head-to-head with traditional banks and payment networks — they can simply innovate around them.

Why do consumers hate ATM fees so much?

It might be because they don't have a clue where the money goes ... and nobody's taken the time to educate them.

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NEWS


Supervalu the latest brand to report data breach

The company doesn't specify that PIN numbers were stolen, but refers to 'other numerical information' in the announcement that its POS system was compromised.

First Data SpendTrend analysis: Credit cards tops in payments for July

The dominance of charge purchases reflects consumers' preference for credit when it comes to big ticket purchases like air travel and hotels.

Research: 'Preparing for 2015: The Year of the Liability Shift'

A new Mercator research note explores factors influencing the willingness, motivation and speed of payments players in implementing EMV technology.

Check fraud solution detects suspicious activity using cross-channel analytics

Detection capabilities are based on the solution's integration with core systems, check processing systems, and even ATM image archives.

US Bank ATMs enable donations to Red Cross wildfire relief effort

Donations will go directly to the Red Cross, which will use the funds to assist victims of wildfires in Oregon and Washington state.

CFPB study raises new concerns about ATM, debit overdrafts

Despite regulatory changes, the agency still frets about overdraft fees, saying they "should not be 'gotchas' when people use their debit cards."

TD Bank serves up a memorable, multichannel 'thank you' to customers

In addition to phone, online and branch giveaways, the FI created some spectacular surprises for selected customers at the 'automated thanking machine.'

Study looks at opportunities for payments industry to migrate to digital payments

New research from Mercator presents case studies that illustrates best practices for transitioning into digital distribution. The competitive landscape for payments is rapidly changing with the emergence of new technologies and consumer preferences for virtual, digital, and mobile products. Companies...

Russia retracts demand for massive security deposits from Visa, MasterCard

The government has dropped its requirement that the companies put up an estimated $2.9 billion in security deposits, but some restrictions still apply.

Judge says retailer fee complaints vs. Visa, MasterCard can move forward

A US District Court judge has ruled that retailers who opted out of last year's settlement with Visa and MasterCard over surcharge fees may sue the card companies separately.

Brazilian banks to improve availability of off-us ATMs

The new agreement among Brazilian FIs will improve ATM access for travelers attending the 2016 Olympics in Rio de Janiero.

Shazam adopts MasterCard common debit solution for EMV transactions

The Shazam Network has announced that it will make the MasterCard EMV debit solution available to all of its participants. The agreement provides all members of the Shazam Network with an EMV license for MasterCard products. “The objective of our...

Aussie central bank mulls mandatory fee notices

The Reserve Bank of Australia wants ATM operators to provide a fee notice at the beginning of a transaction rather than the end so that customers may opt out of high fees.

Vantiv expands presence in Northeast through venture with People's United Bank

The new People's United Merchant Services combines the FI's strong reputation and broad access to commercial merchants with Vantiv's payments expertise, products, security tools, technology and processing scale.

ATMIA to discuss transaction routing concerns with Fed board

The ATM Industry Association announced today that a member task force will meet July 22 with the Federal Reserve Board of Governors in Washington. ATMIA requested the meeting to address growing concerns over the routing of ATM debit transactions. Implementation...

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Topic Center Sponsored by:


ATM transaction processing is a core function of the ATM business equation. This Topic Center focuses on ATM transaction processing and the companies who provide processing services.