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Transaction Processing News & Media

US banks pull together in hurricane's wake with ATM and loan fee relief, charitable donations

September 20, 2018

In the aftermath of Hurricane Florence, financial institutions  across the U.S. are pitching in with donations and other relief efforts to help storm victims…

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Alogent, DefenseStorm integrate digital, self-service banking solutions with cybersecurity, fraud protection

September 19, 2018

Alogent, a provider of end-to-end payment processing, content management and digital account opening solutions for financial institutions, has partnered with…

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Network alliance expands Discover reach at ATM, POS locations in Mexico

September 18, 2018

Discover Financial Services and Promoción y Operación S.A. de C.V., a payment solutions provider and domestic payments network in Mexico, have formed a…

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FDIC letter encourages ATM fee, cash limit waivers for hurricane victims

September 18, 2018

The FDIC has circulated a letter encouraging depository institutions to consider "all reasonable and prudent steps" to assist customers in communities affected…

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US consumers value cash convenience over credit card points for small purchases

September 18, 2018

For purchases of less than $10, American consumers still prefer folding money. The tipping point for plastic is around the $25 mark, according to new research…

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India Post Payments Bank taps FSS to bring banking, payment services to underserved populations

September 14, 2018

India Post Payments Bank is using the Payments-in-a-Box solution from Financial Software and Systems, a provider of payments technology and transaction…

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Euronet, Sprint team up to offer Ria remittances at Boost Mobile dealers

September 14, 2018

Ria Money Transfer, a global money transfer provider and subsidiary of Euronet Worldwide Inc., has signed an agreement with Boost Mobile, a subsidiary of…

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7-Eleven adds Apple Pay, Google Pay to choice of payment options

September 13, 2018

You can now buy your coffee, Slurpee, beef jerky or anything else you'll find on the shelf at a 7-Eleven c-store using Apple Pay and Google Pay.

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Remittances provider Remitly expands service in Europe

September 13, 2018

Digital remittances provider Remitly is adding 11 new send countries across Europe, according to a press release.

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Fime Shenzhen lab OK'd for EMVCo, MasterCard, Visa testing and approval

September 13, 2018

Chinese vendors with international aspirations can now receive local multischeme support for their EMV projects at the Fime testing laboratory in Shenzhen…

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Xoom adds 17K cash pickup locations in Mexico

September 11, 2018

Ten days after announcing a tie-up with the Ria network, Xoom, the money transfer arm of PayPal, has announced another international partnership.

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Seven Bank blames underperforming 7-Eleven ATM network for lost revenue

September 11, 2018

Japan-based Seven Bank will record 14.6 billion yen ($131 million) in write-downs related to its ATM network at 7-Eleven convenience stores in the United…

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Green Dot, Movo e-wallet team to offer cash reload for Movo card

September 11, 2018

Users of the Movo e-wallet app can now use Green Dot MoneyPak and Reload at the Register cash load products, available at approximately 70,000 retailers…

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Airtel, Empays partnership to enable cardless cash at ATMs across India

September 7, 2018

Airtel Payments Bank and Empays Payment Systems have partnered to enable cardless cash withdrawals at ATMs across India. The service will be available to both…

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FIS signs over Certegy to investment manager

September 7, 2018

FIS announced this week that it has sold "substantially all of the assets" of its Certegy Check Services business unit. Certegy, a provider of check and credit…

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ATM-based virtual gift card, mobile top-up service adds NYC partner

September 6, 2018

GivePay Commerce has partnered with ATM World, a New York-based ATM operator to distribute digital gift cards and wireless air time through thousands of ATM…

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US Bank merchant processing arm Elavon picks up ETS

September 6, 2018

Merchant processing provider and U.S. Bancorp subsidiary Elavon has acquired Electronic Transaction Systems, a Virginia-based fintech.

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Rep. Luetkemeyer drafting data breach notification bill

September 6, 2018

Missouri Congressman Blaine Luetkemeyer is crafting a bill to legislation that would clarify and codify the obligations of financial companies to report data…

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New software enables standard ATMs for bitcoin transactions

September 4, 2018

Virtual Crypto Technologies Ltd., an Israeli cryptocurrency technology company, now offers software that will enable consumers to buy and sell bitcoin at…

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Biometric security: One size does not fit all

Biometrics has rapidly expanded to consumer applications such as payment services and ATM cash withdrawal in high-fraud markets. By 2020, nearly all smart…

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