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Transaction Processing News & Media

TNS expands in South America with acquisition of Link Solutions

January 18, 2019

Transaction delivery service provider Transaction Network Services is expanding into Brazil through the acquisition of mobile and Internet of Things…

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Coinstar teams with Crypto ATM provider to enable bitcoin sales at kiosks

January 17, 2019

Bitcoin users can now buy bitcoin at select Coinstar kiosks in Safeway and Albertsons stores in California, Texas and Washington, according to geekwire.com.

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US Faster Payments Council announces leadership, 2019 agenda

January 17, 2019

The U.S. Faster Payments Council, a new organization formed to facilitate payments with near-immediate funds availability, has named Kevin Christensen, an…

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Fiserv to acquire First Data

January 17, 2019

Fiserv and First Data Corp. have announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will…

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First Data adds PCI point-to-point encryption validation for enterprise

January 15, 2019

First Data has added a new PCI P2PE validation to its portfolio — TransArmor P2PE using the On-Guard solution by Ingenico Group. 

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Bitcoin ATM market gets a boost from new kiosk, software venture

January 11, 2019

Bitcoin ATM provider Bitstop has partnered with Kiosk Information Systems, a provider of custom self-service solutions, to create a bitcoin ATM platform that…

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Elavon acquires CenPOS, uniting payment processing, software solutions

January 10, 2019

Elavon, a global payments provider and subsidiary of U.S. Bancorp, has acquired CenPOS, a Miami-based provider of integrated payment software solutions to…

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Paramount names ATM industry veteran to sales team

January 8, 2019

Paramount Management Group has hired Paul Gandolfi as new business development manager for financial institutions and strategic accounts in the company's…

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SECU, Co-op expand partnership with ATM driving, processing agreement

January 7, 2019

SECU of Maryland, an FI with $3.6 billion in assets and 260,000 members, is expanding its partnership with Co-op Financial Services to include ATM terminal…

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Xpress-pay now offering online and mobile payments

December 28, 2018

Xpress-pay is now offering a SubscripXion Plan for online and mobile payments through its portal. Merchants can pay a flat $10 fee per month for unlimited…

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Visa to acquire UK based global transaction provider Earthport

December 28, 2018

Visa International Service Association, a unit of Visa Inc. known as Bidco, has agreed to pay 198 million pounds for Earthport Plc., a U.K. firm that provides…

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Putting modern payment technologies to the test

Automated testing is an increasingly important consideration as payment providers, retailers and others expand the number of options available option to…

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BofA files blockchain patent for ATM transactions

December 27, 2018

Bank of America ATMs might soon make use of blockchain technology if a patent filed by the bank is any indication. 

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Instarem simplifies multicurrency transfers for SMBs

December 25, 2018

Instarem, a Singapore-based money transfer service, has introduced a new feature to its money transfer platform that enables small and medium business users to…

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Consumers take holiday spending online

December 25, 2018

As of Dec. 19, U.S. consumers were on track to spend more online than ever before this holiday season, with an increase of 18.3 percent year-over-year expected…

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USA Technologies, Pepsi distributor to expand cashless vending

December 25, 2018

USA Technologies Inc. has entered a new five-year agreement with Pepsi Cola of the Hudson Valley to upgrade cashless payment devices on 1,000 existing vending…

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Facebook gets into the cryptocurrency game

December 25, 2018

Facebook reportedly is developing its own cryptocurrency for use in a blockchain-based funds transfer service, according to a report by Bloomberg.

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How biometrics will shape the future of mobile authentication

No longer the stuff of science fiction, biometrics technology is fast becoming a reality for today’s businesses and consumers. And it is poised to have a…

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Payment card use grows worldwide, driven by government initiatives, consumer demand

December 18, 2018

The number of merchant outlets accepting card payments worldwide grew 13 percent in 2017 to reach 69.2 million by year-end, according to the RBR report, Global…

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