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Transaction Processing News & Media

Payment, wireless industry leaders team up to take NFC Mobile payments into Slovenia

February 11, 2010

An international consortium of payment and wireless industry leaders on Thursday announced their participation in a field trial being conducted by Banka Koper…

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Marlin Equity Partners buys check, cash automation payments systems of Unisys

February 9, 2010

Marlin Equity Partners has acquired the check and cash automation equipment and related U.S. maintenance, printer and direct supply business of Unisys Corp. …

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SIMTEL to add Rwanda to list for EMV ATM cards

February 8, 2010

AllAfrica.com reports that SIMTEL is expected to soon produce EMV-compliant Visa ATM/debit cards in Rwanda. SIMTEL's CEO, Sigrid Bruch, says the company is…

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Fiserv beats earnings expectations for Q4

February 7, 2010

Fiserv Inc.'s shares were up in trading shortly after the company last week posted improved profit and revenue, according to FoxBusiness.com. Shares of Fiserv…

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Paragon, Bank of Hawaii complete ATM testing

February 4, 2010

Bank of Hawaii and Paragon Application Systems recently completed stress testing and regressing tesing of Bank of Hawaii's systems using Paragon FASTress. …

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Giesecke & Devrient, ARM partner for mobile security apps

February 4, 2010

ARM, which designs technology for advanced digital products such as wireless, networking and consumer-entertainment solutions, and security technology Giesecke…

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Wincor World: A.S. Watson Group adopts Wincor Nixdorf's Managed Services solution for more than 900 stores

January 27, 2010

Wincor Nixdorf AG has won a contract with the A.S. Watson Group, a retailer with one of the world's largest portfolios of retail formats, to provide hardware…

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Fiserv, MB Financial Bank wrap up conversions Signature bank platform

January 21, 2010

Fiserv Inc. has announced that Chicago-based MB Financial Bank ($11 billion in assets) has completed its conversions of FDIC-closed InBank and Corus Bank to…

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Merchant e-Solutions adds online PIN debit to e-commerce platform

January 21, 2010

Merchant e-Solutions Inc. has announced the addition of an online PIN debit payment option to its e-commerce platform.   "As the popularity of shopping on the…

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Maryland bank renews surcharge-free ATM deal with Allpoint

January 18, 2010

Allpoint Network, a Cardtronics Inc. affiliate and the operator of the largest surcharge-free ATM network in the United States, has renewed its surcharge-free…

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An ATM with a personal touch

by

UGenius' Personal Teller System is getting accolades from bankers and consumers for combining financial self-service with teller consultation.

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CO-OP extends ATM, POS network deal with STAR

January 13, 2010

CO-OP Financial Services says it has extended its electronic funds transfer network access agreement with First Data Corp.'s STAR Network.   According to a…

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Gemalto says it can fix card bug in Germany

January 13, 2010

PC World reports that smart card vendor Gemalto said on Wednesday that it is distributing a software fix to German banks for a programming glitch that caused…

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Credit Union 24 founding chairman retires from board of directors

January 11, 2010

Credit Union 24, the country's largest credit union-owned ATM and point-of-sale network, has announced the retirement of founding chairman Ray Cromer from the…

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Heartland, Visa reach $60 million settlement

January 10, 2010

Bank Info Security reports that Heartland Payment Systems has agreed to pay Visa-branded credit and debit card issuers up to $60 million, the largest known…

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RESEARCH: Future of Payments lies in innovation, customer service

January 10, 2010

New research from ACI Worldwide Inc. and Retail Systems Research reveals that retailers are not doing enough to keep pace with consumers' swift adoption of…

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Processing hiccups in U.S, Germany, Australia linked to software, year change

January 10, 2010

Digital Transactions reports that processing glitches struck in Germany and Australia over the past week apparently involved applications that couldn't…

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Spanish bank Santander gives free ATM use to U.K. account holders

January 6, 2010

CompareAndSave.com reports that Spain-based Santander bank, which now operates Abbey and Alliance & Leicester, is giving U.K. account holders fee-free ATM…

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ACH Federal plans new standard in e-payments for banks, small businesses

January 6, 2010

Chattanooga, Tenn.-based ACH Federal, which provides electronic payment services, has announced plans to introduce a new suite of solutions, including ACH…

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Calif. credit union signs with Fiserv for Mobile Money

January 4, 2010

Fiserv Inc. announced in a news release that Merced, Calif.-based Merced School Employees Federal Credit Union, with $371 million in assets, is now providing…

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