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Transaction Processing News & Media

Ask the Experts: Why do U.S. ATM operators want surcharges on international transactions?

February 16, 2009

U.S. ATM operators are working with the ATM Industry Association to lobby state legislatures for changes to ATM-surcharging rules involving international…

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Postilion co-sponsors East Africa 2009 Banking & Payment Technologies Conference

February 15, 2009

JOHANNESBURG, South Africa — Postilion, a division of S1 Corp., will be participating at the annual AITEC event in Nairobi, Africa, Feb. 17-19.   According to…

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ATMIA spearheads grassroots push for more ATM surcharging in U.S.

In the wake of Visa's recent decision to allow U.S. ATM deployers to levy a surcharge on international cardholders, the industry looks to ATMIA for strong…

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Ask the Experts: Preventing card data breaches

February 15, 2009

What actions can be taken by the industry and the card associations to prevent another major card data breach? Security expert David Shackleford weighs in.

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Lafayette Federal Credit Union signs with Postilion for online business solutions

February 12, 2009

ATLANTA — CU Business Capital LLC and Postilion, a division of S1 Corp. and provider of integrated solutions for self-service banking and payment processing…

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Study shows U.K. adoption of contactless, mobile payments is consumer driven

February 10, 2009

DALGETY BAY, Scotland — Convenience, rather than security, will be the driving force behind the U.K. adoption of new payment methods, according to an…

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Co-Op Financial Services unveils mobile banking, contactless card payments solutions

February 10, 2009

RANCHO CUCAMONGA, Calif. — CO-OP Financial Services is now offering credit unions a turnkey entry into mobile banking and contactless card payments, according…

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CardWizard software used to reissue cards to consumers hit by Heartland Systems data breach

February 10, 2009

ENGLEWOOD, Colo. — Dynamic Card Solutions (DCS), an instant card issuance and PIN selection provider for financial institutions, has announced that its…

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New ATM fees to be applied to some Aussie users

February 9, 2009

The Australian: Aussie residents who live in rural areas could face higher ATM fees than city customers under new Reserve Bank rules set to take effect next…

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Purepay Receivables Automation to hold customer forum Feb. 25

February 9, 2009

TORONTO -- Purepay Receivables Automation, a Purepay portfolio company, today announced plans for a new customer forum later this month in Las Vegas.   The…

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Nigerian MTN subscribers can recharge via ATM

February 9, 2009

Nigeria Exchange: MTN Nigeria, has unveiled airtime recharging for its subscribers by ATM or point-of-sale, or POS, terminal connected to the InterSwitch…

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Nexxo Financial sends $200 million via self-service remittance

February 8, 2009

SAN BRUNO, Calif. — Nexxo Financial Corp. says California consumers have deposited more than $200 million dollars into Nexxo's patent-pending money transfer…

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Gate City Bank issuing new ATM cards after breach

February 4, 2009

(Grand Forks, N.D.) GrandForksHerald.com: Area banks are issuing new credit and debit cards after a data breach at a New Jersey company that processes…

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ClairMail names Daffern CEO; new exec will build biz for mobile banking and payments

February 2, 2009

NOVATO, Calif. — ClairMail Inc., provider of two-way mobile banking and payment solutions for the financial market, has named Pete Daffern its new chief…

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Heartland Payments CEO says end-to-end encryption could prevent card, data breaches

January 29, 2009

Digital Transactions: After news of the Heartland Payments Systems breach — possibly the largest data breach on record to date — details about how much damage…

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Processors say economic recession has led to increase in chargebacks

January 29, 2009

Digital Transactions: With the recession throwing people out of work, payments processors are reporting that their merchants are experiencing sharp increases…

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U.S. FIs get less income from ATM fees as consumer spending falls

January 28, 2009

Chicago Tribune: Banks have more to worry about than bad loans cutting into their interest income. Now they have to worry about consumers pulling back on their…

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Singapore's DBS Bank upgrades ATMs to top-up prepaid cards

January 28, 2009

Network World: Singapore-based DBS Bank has signed with EZ-Link Pte. Ltd., provider of contactless stored-value cards used by public transport commuters in…

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NCR self-service billpay gets deployment in Mexico

January 27, 2009

MEXICO CITY, México — Nextel has signed with NCR Corp. for a self-service bill-payment solution that allows Nextel customers to pay their bills at service…

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PULSE signs ATM, POS processing deals with two Wisconsin FIs

January 26, 2009

HOUSTON — PULSE, one of the nation's leading ATM/debit networks, says it has signed network deals with two Wisconsin financial institutions: Madison-based Park…

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