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Transaction Processing News & Media

Giesecke & Devrient buys SmartTrust

April 21, 2009

MUNICH, Germany — Giesecke & Devrient, a global supplier of banknotes and smart card solutions, has announced its acquisition of SmartTrust AB, based in…

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GFG Group raises $10 Million in shareholder funding for mobile, banking solutions

April 20, 2009

AUCKLAND, New Zealand — The GFG Group has completed its latest round of capital funding, bringing the total amount of money raised by the group to $10 million.

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Banks in India halt ATM expansion, consolidate tellers

April 19, 2009

The Times of India: As access to ATMs became free from April 1, many banks are expected to consider consolidating their teller operations instead of…

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Open Solutions Canada to sell payments hardware to Canadian ISOs, merchants

April 19, 2009

TORONTO — Open Solutions Canada, the Canadian subsidiary of Open Solutions Inc., and its independent sales organizations are now selling S700 point-of-sale…

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Bling Nation completes beta of local payments network

April 19, 2009

PALO ALTO, Calif. — Bling Nation, a payments network provider for community banks, has completed a beta project with its Community Payments Service. Employees…

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2008 was a year of security, payment card breaches, report says

April 15, 2009

CNET: Payment card breaches in 2008 led to the most compromises and security breaches of record in the last four years, according to a new report from Verizon…

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A West Coast bank joins MoneyPass for surcharge-free ATM access

April 15, 2009

MINNEAPOLIS — Frontier Bank, with more than 50 branches throughout Western Washington and Oregon, has joined the MoneyPass surcharge-free ATM network, owned…

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India's ICICI joins Allpoint ATM network in the U.S.

April 12, 2009

Banking Business Review: India-based ICICI Bank opened its first U.S. branch in New York City in March. Now the bank has joined the Allpoint ATM network to…

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Custom Credit Systems expands streamlined processing to regional, community banks

April 7, 2009

RICHARDSON, Texas — Custom Credit Systems, which provides integrated, end-to-end, credit processing and maintenance systems for small business and commercial…

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ACI Worldwide says FIs are committed to online banking, consolidation

April 6, 2009

NEW YORK — ACI Worldwide Inc. says the ongoing success of its online banking solution, ACI Enterprise Banker, demonstrates a commitment on the part of the…

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NYCE branches ATM network out to mobile phones

April 5, 2009

SECAUCUS, N.J. — NYCE says it will offer balance inquiries by text message to its financial institution participants as a standard feature of full…

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Georgia utility offers image-based payments with NCR tech

April 5, 2009

TORONTO — Purepay Receivables Automation, a Purepay portfolio company, has been awarded a contract by the Fayette County Water System of Georgia for an…

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Fed could change rules regarding overdraft fees at ATMs

April 5, 2009

Best Reverse Mortgage: Bank fees are taking a bigger chunk out of many people's checking and savings accounts these days. But the Federal Reserve is…

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House says Visa, MasterCard are to blame for security hacks, card compromises

April 5, 2009

Forbes: In security breach cases last year, such as Hannaford Bros. supermarket and the card processing firm Heartland Payment Systems, cybercriminals gained…

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PCI, customer data and the kiosk

by

Post-TJX, kiosks remain a vulnerable step in the gathering, storing and transmitting of customer data. Here's how to shore them up.

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NRT Technology buys Canadian ATM processor TNS Smart Network

April 2, 2009

TORONTO — NRT Technology Corp.  has acquired Toronto-based TNS Smart Network Inc. and Smart Processing Solutions Inc.   NRT is a privately owned company that…

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Fidelity National's acquisition of Metavante creates processing giant

April 2, 2009

Digital Transactions: Fidelity National Information Services Inc.'s plan to buy Metavante Technologies Inc. in a $2.94 billion all-stock deal will create a…

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Free cash withdrawals at all ATMs in India

April 1, 2009

India Server: The Reserve Bank of India has directed all banks operating in India to stop charging any fee for cash withdrawals at ATM beginning April 1. Banks…

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Datalogic Mobile, Wincor Nixdorf to deliver more mobile solutions to retailers and banks

April 1, 2009

PADERBORN, Germany — Datalogic Mobile, a global player in the Rugged Mobile Computers and self-shopping solutions market, and Wincor Nixdorf AG have signed a…

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Antitrust case against MasterCard is dropped by E.U.

April 1, 2009

The New York Times: MasterCard has settled an antitrust case by agreeing to reduce fees that raise costs for retailers, European Union regulators said…

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