Transaction Processing News & Media
Nationwide Payment Solutions and GETI partner on no-fee service
February 2, 2012
Nationwide Payment Solutions, a registered merchant services provider, and Global eTelecom Inc., an electronic check processor and gift/loyalty card provider…
read nowInternational Financial eXchange releases IFX version 2.2
January 30, 2012
The Interactive Financial eXchange Forum announced today that it has published Version 2.2 of IFX, its open, interoperable standard for financial data…
read nowBoA to test Groupon-style program
January 27, 2012
Bank of America Corp. is testing a Groupon-style program in three states. The program delivers merchant offers directly to users within their online bank…
read nowNew Hampshire considering a cap on card fees
January 27, 2012
The New Hampshire legislature is debating a bill that would limit credit and debit card fees to 1 percent for state-charted banks, according to a report by New…
read nowSHAZAM launches Pentagon mobile payment application
January 26, 2012
The SHAZAM network has launched the Adaptive Payments Pentagon mobile POS payments application, the company announced yesterday in a press release at…
read nowTxVia Partners and Allpoint Network to expand surcharge-free ATM services
January 19, 2012
A press release yesterday announced that Allpoint Network, a Cardtronics, Inc. affiliate and operator of the largest surcharge-free ATM network, will partner…
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Check me in!
by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC
I finally found time to read the report “2011 ATM Software – Trends and Analysis.” It’s at the top of the list of the most popular white papers on…
read nowUOB ATMs down on Monday due to security checks
January 16, 2012
The recent DBS skimming scandal is continuing to spread edginess in the Singapore banking community. Following the theft of customer receipts from the bin at a…
read nowGRG Banking Equipment Co wins prestigious design award
January 16, 2012
According to a report yesterday at 4-traders.com, GRG Banking recently won its first China Design Award (the Kapok Prize) for the company’s ATM model H68N. The…
read nowCardtronics shares bumped up to $29 price target
January 15, 2012
On January 12, research analysts at JPMorgan Chase & Co. boosted their price target to $29 on shares of Cardtronics, a provider of automated consumer…
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Watch those NACHA emails
by Kevin Christensen — Vice President, Audit, SHAZAM
Community banks and credit unions can make a significant dent in fraud losses by giving cardholders a heads-up where fraud is concerned. This is particularly…
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Merchants will re-evaluate card acceptance in 2012
by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM
In the very recent past, some merchants have been hesitant to accept debit and credit cards. Particularly for those retailers working with small-ticket items…
read nowFree ATMs NYC offers free transactions … after you watch an ad
December 19, 2011
Founded last month by a 25-year-old entrepreneur, Brooklyn-based Free ATMs NYC is giving consumers free ATM transactions, if they are willing to first watch a…
read nowTNS inks multi-year agreement with Open Solutions
December 11, 2011
Open Solutions Inc., a provider of integrated enabling technologies for financial service providers throughout Canada, the United States and other…
read nowINETCO releases application performance monitoring system
December 5, 2011
INETCO Systems Ltd., a provider of transaction-level monitoring solutions for the payment processing industry, today announced its entry into the mainstream…
read nowTanzanian bank to offer card-less ATM transactions
November 30, 2011
According to The Citizen, CRDB Bank in Tanzania is offering its customers card-less ATM transactions. Customers will be able to access their accounts at the…
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Transaction and interchange analysis: To be or not to be?
by Bryan Bauer — President, Kahuna ATM
Picture this...you take your car to the auto garage for a simple service and after they ask you, "how has it been running?" and you reply, "I've had no…
read nowEuronet receives FSA authorization in the UK
November 27, 2011
Euronet Worldwide Inc., through its wholly owned subsidiary, Euronet Payments & Card Services Ltd., has been authorized by the Financial Service Authority…
read nowNRF, other groups sue Fed over Durbin Amendment
November 27, 2011
According to Bloomberg.com, the Federal Reserve is being sued by retailer groups over interchange fee regulations set forth by the Durbin Amendment, which went…
read nowThe U.S. unbanked go 'Boom'
November 14, 2011
Sending money is now as simple as sending a text message, according to m-Via, a company that launched Boom, a platform giving unbanked consumers access to…
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