MasterCard expands mobile remittance services in Africa

The card network announced deals that will allow customers in Nigeria and Zimbabwe to send funds via mobile phone — and cash out at the ATM.

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Bitcoin and cash: 'Like peanut butter and jelly'

Robocoin's new (and free) software development kit gives ATM operators a 'margin-expanding opportunity,' CEO Jordan Kelley says.

Note-worthy: January's top 5 ATM features

From siloed banking channels to mobile ATMs at the Super Bowl, a countdown of our readers' favorites for the month.

Fed to roll out roadmap for faster payments

The effort comes in response to research findings that consumers want instant payments and would be willing to pay for them.

Where will payments be in 10 years?

If the last 10 years has taught us anything, it's that disruptive technologies can shift the course of events in a way few would expect.

New payments players must fight their way through space junk

The payments ecosystem is much like space: It's difficult to get to; it's uninhabitable unless you're properly equipped; and it exists in a vacuum.

EMV, encryption and tokenization: the payment fraud 'holy trinity'

Taken together, these three key pieces of security technology can ensure that the good guys continue to stay one step ahead of the fraudsters.

Being prepared: A little extra cash helps!

Being prepared but having the wrong tools doesn't really count for much when trouble truly develops ...

Fed's controversial 'Choke Point' collars ATM processors

The government's Operation Choke Point initiative has put a stranglehold on many law-abiding businesses — including payment processors and pornographers.

EMV chip-and-signature: The mirage of protection

Without a holistic approach to user and transaction verification we're only presenting an appearance of protection — one that will vanish when tested by sophisticated cybercrooks.

Virtual currency dominates day one of Money 20/20 conference

Ben Lawsky, New York's superintendent of financial services, addressed the status of the state's controversial BitLicense regulatory framework.

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NEWS


ChangeGroup broadens market for value-added services with LINK membership

Joining the national payment scheme will allow the company to extend its multicurrency and DCC services to the UK's ATM market.

ACI, LD Systems partner on flexible kiosk payment solution

The strategic partnership will offer US consumers quick, easy and safe bill pay options at kiosks nationwide, the companies say.

ValidSoft, FICO anti-fraud partnership scores another win

The companies have teamed up to address a growing threat from fraudsters who redirect mobile calls and texts in order to defeat authentication systems.

G&D offers white label mobile cloud payment service for FIs

The Convego CloudPay payment service provides secure mobile transactions, Giesecke & Devrient says.

Wincor Nixdorf pilots new cashless payment solution

The system connects card terminals with a central server at Wincor where data is processed and forwarded to card acquirers.

SSL no longer acceptable for data protection, PCI SSC says

Weaknesses in the secure socket layers protocol will require revisions to the PCI DSS — and upgrades to providers' encryption methods.

Discover qualifies Collis test tool for ATM, POS applications

UL says its test tool has been qualified for qualifying Discover specifications, including D-PAS Issuer Response Simulation.

Ascert, Cashware 'close the loop' with end-to-end ATM application testing

The companies have combined backend and user interface ATM testing in a solution that allows financial institutions to test all aspects of ATM operation, according to a news release from Ascert.

UL announces its Collis Brand Test Tool qualified by Discover

UL has announced that its Collis Brand Test Tool is qualified by Discover for acquirer end-to-end testing of both contact and contactless payment terminals.

Global Payout gets approval for chip-and-PIN prepaid card

According to the company, this new prepaid MasterCard debit card program is based upon the EMV standard.

ACI to power ATM network, payments for Poland's largest bank

One key element is the bank's migration to ACI's next-generation payments platform, which will support the bank's extensive network of more than 3,000 ATMs.

In cash we trust: UK consumers see hard currency as most secure payment method

They're using more payment methods than ever, but by a wide margin, Brits still place the greatest confidence in cash.

Brits keen on contactless, UK Cards Association says

Spending on contactless cards trebled in both volume and value over the last year, according to figures from the group.

ChangeGroup rolls multicurrency, DCC capabilities into ATM solution

The new features are targeted to the travel sector and intended for use at retail, hotel and travel centers locations across Europe, the company says.

TCH, CBA buy into same-day ACH proposal, but CUNA balks

In comment letters, the three organizations outlined pros and cons of implementing and operating a same-day processing and settlement system.

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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.