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Transaction Processing News & Media

Boehm to lead First Data global product group

April 8, 2010

First Data Corp. has named Steve Boehm as senior vice president, to lead global product management and innovation for First Data's Financial Services division.

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Acculynk launches new ISO online payment platform

April 7, 2010

Acculynk has launched a new online card processing and Internet PIN debit payment solution for Independent Sales Organizations (ISOs). PaySecure Plus, which…

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TNS plans to launch mobile-payments offer in May

April 4, 2010

Digital Transactions reports that Transaction Network Services Inc. has entered the mobile payments space with an application that allows smart phones to act…

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Open Solutions Canada provides ATM processing to Diners Club, Discover, PULSE cardholders

April 1, 2010

Open Solutions Canada, the Canadian subsidiary of Open Solutions Inc., has signed an agreement with Acxsys Corp. to provide ATM transaction processing services…

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Wincor Nixdorf, IRIS Analytics partner to promote e-payment security via ProClassic Enterprise

March 30, 2010

Wincor Nixdorf AG and IRIS Analytics, a provider of real-time fraud prevention software for e-payment transactions, are partnering to distribute IRIS software…

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North Shore Credit Union signs with INETCO for transaction management software

March 30, 2010

INETCO Systems Ltd. today announced that North Shore Credit Union has purchased INETCO Insight as part of the financial institution's strategy to host its own…

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New report says prepaid card use should rebound in 2010

March 30, 2010

A new report from Javelin Strategy & Research finds that while the economic recession hit the U.S. prepaid card business hard in 2009, the positive…

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Credit Union 24 intros PINless billpay for credit union members

March 29, 2010

Credit Union 24 now supports PINless bill payment transactions for participating credit-union members, without the need to implement new processing systems.…

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Flagstar Bank expands relationship with NYCE

March 28, 2010

NYCE Payments Network LLC, an FIS company, has renewed its relationship with Flagstar Bank of Troy, Mich., and has named NYCE as its exclusive provider of ATM…

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TJX hacker gets 20 years for credit, debit breach

March 25, 2010

Help Net Security reports that Albert Gonzales, better known as the "TJX hacker," whose breach of TJX reportedly led to the loss of some $200 million through…

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Heartland Payment Systems' end-to-end encryption gets thumbs up from payments players

March 25, 2010

Heartland Payment Systems says several of the world's leading electronic-payments-system manufacturers are working with Heartland to ensure their point-of-sale…

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CDS, Switch Commerce sign with Triton for remote-key transport

March 25, 2010

Triton Systems of Delaware Inc. has announced that Dallas-based Columbus Data Services and Irving, Texas-based Switch Commerce have both implemented Triton's…

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Open Solutions endorses Fifth Third Processing's EFT payment services

March 24, 2010

Open Solutions Inc., a provider of integrated data-processing technologies for banks and credit unions throughout North America and international markets, has…

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Collis names Q-Card a value-added reseller for U.S. market

March 24, 2010

Collis says it has signed Q-Card as a value-added reseller for Collis' products in the United States According to a news release from Collis, the signing of…

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PayPal signs deal with China UnionPay, expands into Asia

March 18, 2010

AuctionBytes.com reports that PayPal has entered into an agreement with China UnionPay to allow Chinese cardholders to use PayPal to shop online. The deal is…

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Wyoming legislation to limit ATM surcharge fees gets turned down

March 18, 2010

Legislation to put a cap on ATM surcharge rates proposed in the state of Wyoming was turned down last month by The Wyoming House of Representatives.  …

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Visa card spending topped $115 million during Olympic Winter Games

March 18, 2010

According to Visa Inc., spending by international visitors on Visa cards at the Vancouver 2010 Olympic Winter Games and in British Columbia exceeded U.S. $11…

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Fifth Third Processing Solutions release new security, encryption solution

March 16, 2010

Fifth Third Processing Solutions has designed a solution that encrypts critical payment and cardholder data at the front end of the payments process and…

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Illinois CU plans to sell ATM, debit business to CO-OP

March 15, 2010

Credit Union Times reports that Members United Corporate Federal Credit Union ($8.4 billion in assets) has decided to drop its ATM and debit card program, the…

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More than 100 FIs expected to launch POPmoney P2P payments in 2010

March 15, 2010

CashEdge Inc., which provides mobile and online person-to-person payments, says it expects more than 100 financial institutions to add its POPmoney P2P…

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