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Transaction Processing News & Media

Mitek launches mobile-phone check, billpay app for banking

January 21, 2008

SAN DIEGO — Mitek Systems Inc., provider of image-analytics and pattern-recognition software, says it's launched the first mobile-banking software that allows…

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Milwaukee-based bank inks deal with NYCE for ATM, debit transactions

January 21, 2008

SECAUCUS, N.J. —  M&I Marshall & Ilsley Bank have signed an exclusive deal with the NYCE Payment Network for PIN-debit access and domestic ATM…

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FSV, MiCash team for international money-transfer service

January 21, 2008

HOUSTON — FSV Payment Systems Inc., provider of stored-value processing and prepaid-card solutions, and MiCash Inc., a licensed money transfer business, have…

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Goldleaf enters remote-deposit biz with Alogent acquisition

January 20, 2008

Digital Transactions: Goldleaf Financial Solutions Inc., a technology-services provider for 2,800 community financial institutions, announced last week that…

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Bank of Moscow signs with Fiserv for risk-management solution

January 20, 2008

BROOKFIELD, Wis. — Fiserv IPS-Sendero, a unit of Fiserv Inc. and provider of risk and value-management solutions, announced that Bank of Moscow has selected…

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Aussie banks criticized for ATM-fee hikes

January 17, 2008

Brisbane Times: Australian consumer group Choice has branded recent moves by two major Aussie banks to increase ATM-withdrawal fees as "unfair." The fee…

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Chase ups ATM fees to $3

January 15, 2008

Chicago Tribune: Chase, which leads the Chicago market in the number of branches and ATMs, has hiked the fee it charges non-customers to $3 at most of its…

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IFX Forum adds members, extends global reach

January 15, 2008

WAKEFIELD, Mass. — Four new companies have joined the Interactive Financial eXchange (IFX) Forum, an international not-for-profit industry association that…

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Calif. bank signs with MoneyPass ATM network

January 13, 2008

FOLSOM, Calif. — Folsom Lake has joined the MoneyPass surcharge-free ATM network, which includes more than 12,000 ATMs throughout the United States. …

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Metavante buys European debit, prepaid processor for $58 million

January 9, 2008

MILWAUKEE — Metavante Technologies Inc., provider of banking and payments technology, has acquired London-based Nomad Payments Ltd., which provides prepaid…

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EMV and the United States

by Tracy Kitten — Editor, AMC

Most of the world is complying with EMV, but not the U.S.

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First Data gift-card glitch strikes after Christmas

January 7, 2008

Digital Transactions: The day after Christmas, First Data Corp.'s ValueLink unit, which processes prepaid-card transactions, delayed gift-card authorizations…

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Western Europe sees strong debit-card growth

January 6, 2008

LONDON — The number of payment cards in Western Europe increased by 9 percent from 2004 to 2006, hitting a total of 787 million, according to research firm…

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SURVEY: French say fee-charging ATMs impact customer retention

December 27, 2007

PARIS — A recent survey conducted by Level Four Software reveals that 70 percent of people in France would consider moving their bank accounts if their bank's…

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India-based bank proposes free inter-bank ATM services

December 25, 2007

Indian Express: The Reserve Bank of India (RBI) has proposed that banks offer free ATM services, which would take effect on April 1, 2009. Currently, banks do…

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ATM mistakingly prints out private information

December 25, 2007

The Edmonton Sun: A Canadian resident got more than he bargained for when he made a transaction at a Royal Bank of Canada ATM earlier this month. Without…

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Australian government halts sale of Virtual Money ATM cards in Australia

December 19, 2007

iTnews:  The Australian Securities and Investments Commission (ASIC) has halted the sale of Virtual Money ATM cards in Australia. The cards, which are similar…

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Woman says ATM dispensed fake twenties

December 18, 2007

(ATLANTA) WAGA-TV, Channel 5: A woman living in Atlanta claims she received counterfeit $20 bills from a ATM owned by Wachovia Bank. Three retail stores…

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MerchantPortfolios.com launches online ATM, merchant-processing marketplaces

December 13, 2007

BOSTON — MerchantPortfolios.com has announced the debut of its online marketplace for buyers and sellers of merchant processing portfolios, ATM portfolios…

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SURVEY: Integrating Mobility into Your Financial Self-Service

December 12, 2007

LOUISVILLE, Ky. — ATM Marketplace, which is owned and operated by online publisher NetWorld Alliance, has launched a new report that covers consumer banking…

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