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Transaction Processing News & Media

Co-op announces c-suite additions

November 30, 2018

Co-op Financial Services has appointed new members to its executive leadership team. Bruce Dragt has been named chief product officer, and Cheryl Middleton…

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NYC councilman aims to outlaw cash-free eateries

November 29, 2018

A New York City council member seeks to crack down on cashless restaurants, arguing that the increasingly popular business model locks out low-income consumers…

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PAI, GivePay to roll out digital gift card platform at ATMs nationwide

November 29, 2018

ATM provider Payment Alliance International has signed a master agreement with GivePay Commerce, provider of a digital gift card platform for ATMs and kiosks…

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7-Eleven to accept WeChat Pay, Alipay in Toronto, Vancouver

November 28, 2018

7-Eleven Inc. is partnering with cross-border payment firm Citcon to enable the Chinese mobile payment platforms WeChat Pay and Alipay at 35 Canadian locations…

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First Data to adopt latest nexo standards specifications

November 28, 2018

Nexo standards, an association dedicated to delivering fast, interoperable and borderless card payment acceptance, has announced that First Data will integrate…

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Gens Y and Z expected to outdo other demos in holiday spending

November 28, 2018

Nearly three-quarters of consumers expect to spend the same or more this holiday season as they did in 2017, however, younger shoppers will likely outspend…

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Reshaping the future of retail cash management

Previously a technology that solved cash supply chain management problems for a select few, retail cash capture has truly come of age, providing a cost…

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Christmas comes early for Houston ATM users

November 27, 2018

Bankcard holders who used a Bank of America ATM in the Houston area will get to keep the extra money accidentally dispensed to them by the machine, according…

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Amazon Pay seeks foothold in brick-and-mortar marketplace

November 27, 2018

Amazon is making a push to get its Amazon Pay digital wallet into restaurants, gas stations and other merchants that it doesn’t directly compete against…

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First Data dashboard provides real-time holiday spending insights

November 27, 2018

First Data, a provider of commerce enabling technology, has launched SpendTrend Holiday Insights, a real-time spending dashboard.

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Card issuers make progress toward seamless mobile transaction protocols

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

As mobile payments expand, credit card issuers find themselves challenged to develop technical protocols that ensure a seamless experience for consumers. A…

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Fime receives Mastercard accreditation for bio-authentication testing services

November 19, 2018

Fime has received accreditation from Mastercard to deliver biometric authentication testing services for fingerprint, in line with the network's guidelines for…

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ACI projects 14 percent increase in payment fraud attempts over the holidays

November 19, 2018

Attempted payment fraud will jump approximately 14 percent this holiday season, according to benchmark data from ACI Worldwide, a provider of electronic…

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Americans mostly happy with their FI's online, mobile experience

November 16, 2018

Almost all Americans (93 percent) rate their bank's online and mobile app experience as "excellent," "very good," or "good," according to a new survey…

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Co-op adds 9 Michigan CU locations to shared branching network

November 16, 2018

Co-op Financial Services today has announced that United Federal Credit Union, a $2.6 billion Michigan-based financial cooperative, is adding nine of its…

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Cummins Allison intros coin redemption rental program for FIs

November 15, 2018

Cummins Allison, a provider of ATMs and coin, currency and check-processing technology, has rolled out a new rental program that makes it easier for financial…

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Chase to roll out contactless Visa cards in US

November 15, 2018

JP Morgan Chase, the largest card issuer in the U.S., will roll out Visa contactless payment cards — including debit, credit and co-branded cards — to millions…

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Faster Payments Council to accelerate adoption of digital payments framework

November 15, 2018

The U.S. Faster Payments Council, an organization backed by some of the nation's largest banks, retailers, fintech companies and other payments industry…

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Discover sees partnerships driving digital financial networks

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Roger Hochschild, the recently installed president and CEO at Discover, says that his vision for the company is to be a leading direct bank and payments…

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Wireless ATM Store software solution combats man-in-the-middle ATM attacks

November 13, 2018

In response to recent man-in-the-middle ATM attacks reported in California, the Wireless ATM Store, working with ATM manufacturer Genmega, has introduced new…

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