Co-op Financial expands ATM services

September 20, 2010

Co-op Financial Services, which provides ATM transaction processing for its 3,000 credit union members, today announced that it has expanded its range of…

First Data partners with Korean company to offer mobile payments

First Data Corp. yesterday signed a partnership agreement with a Korean company to provide mobile payments services in the first quarter of 2011, said Chris…

INETCO supports Advanced Message Queuing Protocol Working Group

September 16, 2010

INETCO Systems Limited recently announced its support and active participation in the Advanced Message Queuing Protocol (AMQP) Working Group.The AMQP Working…

Fifth Third Processing signs deal to buy National Processing

September 15, 2010

Fifth Third Processing Solutions, LLC, announced late yesterday that it has signed a definitive agreement to purchase National Processing Co., for an…

Canada's largest surcharge-free ATM network is EMV capable

September 14, 2010

The Exchange network, Canada’s largest surcharge-free ATM network, is now capable of processing chip-enabled debit cards, its operator FICANEX Services Limited…

Jack Henry & Associates launches P2P service

September 12, 2010

Jack Henry & Associates Inc., which announced last week that it will offer a standalone person-to-person electronic payments service, becomes the second…

INETCO signs deal with Moneris Solutions

September 1, 2010

Moneris Solutions, Canada’s largest payments processor and acquirer of credit and debit card transactions, announced yesterday that it purchased INETCO Systems…

ATM ISO Cardtronics reports much higher second-quarter net income

August 4, 2010

Cardtronics Inc., the world’s largest non-bank owner of ATMs, Wednesday reported higher second-quarter net income on improved revenue for the three-month…

NCR Canada targets country’s white-label ATM market

NCR Canada Ltd is planning a big push into Canada’s white-label ATM market, the largest- and fastest-growing part of the country’s ATM estate, company…

Air Force credit union flies into ATM network

August 1, 2010

Security Service Federal Credit Union today announced that it has joined Co-op Financial Services. San Antonio, Texas-based Security Service’s 760,00…

Jack Henry rebrands Pemco Technologies as JHA Payment Processing Solutions

July 1, 2010

Jack Henry & Associates Inc. has renamed Pemco Technologies to JHA Payment Processing Solutions. The Seattle-based company, which processes ATM, debit…

Alaric's Authentic lets banks modernize legacy payment systems

June 22, 2010

Alaric International, headquartered in London, has announced benchmarking results for its Authentic product, a component of Oracle's Consumer Payments…

Durbin says Visa and MasterCard raise antitrust concerns

May 27, 2010

Senator Richard Durbin (D - Illinois) said "serious antitrust concerns" will be raised if Visa and MasterCard punish small banks that use their payment…

Administration not taking sides in interchange issue

May 26, 2010

While credit unions hope to stop further regulation of interchange fees, they will have to do it without the support of the Obama administration.

Mr. Goldstone goes to Washington … and Tweets

by ATM marketplace

One retailer is on a campaign to educate the public, press and politicians about the big difference between interchange fees and ATM surcharge fees.

INETCO launches professional consulting services division

May 24, 2010

INETCO Systems Limited, provider of transaction monitoring for the payment processing industry, has announced the launch of its Professional Consulting…

Visa disappointed with Durbin Amendment

May 23, 2010

Visa Inc. said it was disappointed with an amendment limiting interchange fees passed Thursday as part of the U.S. Senate financial regulation bill.

Heartland Payment Systems, MasterCard agree to $41.4 million settlement

May 19, 2010

Heartland Payment Systems, the nation's fifth largest payment processor, has agreed to a $41.4 million settlement with MasterCard and its issuers to resolve…

Bank card issuer stocks drop on fee-reform fears

May 18, 2010

Shares of bank card issuers continued to plunge Tuesday, likely due to fears of bank reform legislation that aims to cut debit card fees.

ATM industry insider sends an open letter to Senator Harkin

The CMO of Morphis gives a plain-language explanation of why the Harkin Amendment is bad for consumers.