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Transaction Processing News & Media

Mastercard scraps card signature, signature panel

October 22, 2018

Mastercard has announced that cardholder signatures will now be optional, both on the card and on receipts.

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TNS to acquire unattended payments provider Advam

October 16, 2018

Transaction Network Services has agreed to acquire Advam, a payments specialist in the unattended and e-commerce payments segments. The acquisition will allow…

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World Payments Report shows strong consumer demand for digital payments

October 16, 2018

Digital payments are experiencing a boom, according to the World Payments Report 2018 launched today by Capgemini and BNP Paribas.

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Gemalto, Vipps team up to secure digital wallets

October 15, 2018

Digital security player Gemalto and Vipps, the Nordic region's largest payment and identification company, are partnering on a secure digital turnkey solution…

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The rising threat of online card-skimming attacks — and how to prevent them

E-commerce is drawing greater attention from criminals as a vehicle for data hacking and fraud. To protect themselves, e-commerce players must pay greater…

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ATM off-us fees rise for 14th year; total fees drop slightly

October 12, 2018

The average surcharge assessed by a financial institution for an out-of-network ATM transaction has risen for the 14th consecutive year, from $2.97 to $3.02…

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Mobile deposit report ranks CX with apps of top US banks

October 11, 2018

Mitek has released its 2018 Mobile Deposit Benchmark Report, a rating of the mobile deposit experience for 20 U.S. retail financial institutions. Ratings are…

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VizyPay cash discount program benefits merchants, customers alike

October 11, 2018

VizyPay, a credit card processing company, has unveiled a cash discount program that allows merchants to offset service fees without increasing prices.

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The rise of digital identity: A conversation with Hrishi Talwar of Equifax

by Will Hernandez — Editor, NetWorld Media Group

Will Hernandez, editor of Mobile Payments Today, talks with Hrishi Talwar, Equifax mobile strategy leader, about the rise of biometrics, the benefits of…

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Renovite to roll out next-gen ATM payment software

October 9, 2018

Renovite plans to give legacy vendors a run for their money later this month with the introduction of its "next-gen" ATM transaction solution at the ATM &…

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Diebold Nixdorf presents 'Storevolution'

October 9, 2018

Diebold Nixdorf is presenting software-powered solutions behind its Storevolution strategy this week at the NACS Show in Las Vegas.

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Bolivian bank turns to Compass Plus for ATM driving, switching

October 4, 2018

Compass Plus, a provider of retail banking and electronic payments software to processors and financial institutions, has migrated the ATM network of its first…

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Euronet confirms Visa elimination of rules nixing DCC on ATMs

October 3, 2018

Euronet Worldwide Inc., an independent ATM deployer and electronic payments provider, has acknowledged press reports that Visa International will allow dynamic…

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Commonwealth Bank customers put away wallets, pay by phone

September 28, 2018

New data from Australia's Commonwealth Bank shows that customers are increasingly reaching for their smartphones instead of their wallets at the checkout…

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Fiserv to acquire ATM-related units of Elan Financial Services

September 27, 2018

Rumors of the sale of all or part of Elan Financial Services were resolved today with the announcement by Fiserv Inc. that it will acquire the debit card…

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Dollar Bank goes live with Zelle P2P payments

September 27, 2018

The Zelle person-to-person payments service is now available at Dollar Bank via the bank's online and mobile channels, according to a press release.

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Venmo outpacing ATM cash as payment method

September 27, 2018

Rubiix, a social spending platform that distributes ad revenues back to users who provide their data, has released a report showing that Venmo is now beating…

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PayPal closes purchase of iZettle

September 25, 2018

On Thursday, PayPal Holdings Inc. completed its acquisition of mobile payments provider iZettle for approximately $2.2 billion. This transaction is intended to…

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Saudi Arabian bank claims 'first' with contactless ATM access

September 21, 2018

Saudi Arabia's Alinma Bank has introduced contactless NFC withdrawals at selected Alinma ATMs, making it the first FI in the kingdom to offer contactless…

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14 new associates join EMVCo payment technology innovation program

September 21, 2018

Global technical body EMVCo has welcomed 14 associate organizations to its program of cross-industry collaboration for the development of EMV specifications.

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