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Transaction Processing News & Media

Consolidating credit and debit processing

August 8, 2007

Do FIs benefit from consolidating their credit and debit-card processing with a single provider?

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NCR invests in contactless, NFC tech

August 7, 2007

DAYTON, Ohio - NCR Corp. has made a minority investment in Silicon Valley-based ViVOtech Inc., provider of payment terminals and software, to incorporate…

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AmEx pinched for money-laundering

August 6, 2007

CNN Money: American Express Co. has agreed to pay $65 million for failing to detect drug-related money transactions laundered through a subsidiary over…

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Postilion solutions get security validations from Visa

August 6, 2007

ATLANTA - Postilion, a division of S1 Corp., has received Visa Payment Application Best Practices validation for its applications used by banks and credit…

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Transportation, logistics company signs with Wausau

August 2, 2007

MOSINEE, Wis. - Wausau has signed a deal with San Mateo, Calif.-based Con-way Inc., a $4.2 billion freight-transportation and logistics services provider, for…

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B of A signs with Pulse for PIN debit

August 2, 2007

HOUSTON - Pulse EFT Association has reached a new agreement with Bank of America to renew and expand their relationship.   According to a news release, Pulse…

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B of A increases ATM fees

August 1, 2007

Portland (Ore.) Business Journal: Bank of America Corp. is increasing ATM fees at its banking centers and in-store locations for non-customers to $3 in most…

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Fiserv to buy CheckFree for $4.4 billion

August 1, 2007

BROOKFIELD, Wis. - Fiserv Inc. has announced plans to acquire CheckFree Corp. for approximately $4.4 billion.   Fiserv says CheckFree, which provides online…

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Tranax, CDS partner for self-service gift-card program

July 30, 2007

NEWARK, Calif. - Tranax Technologies Inc. and Columbus Data Services are providing gift-card dispensing on Tranax's Hybrid ATM platform, which is based on the…

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ATM vendors look to Brazil

by

Manufacturers and vendors fight to lay claims in Brazil.

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2007 is year of processing restructuring

July 29, 2007

Digital Transactions: Columbus, Ga.-based bank-holding company Synovus Financial Corp. last week said it would consider spinning off its processing…

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Wausau experts to speak at TAWPI

July 29, 2007

MOSINEE, Wis. - Wausau, provider of payments, remittance and document processing, said industry experts from within its company are expected to be featured…

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MasterCard shares up since IPO

July 25, 2007

The (Rockland, N.Y.) Journal News: Despite frequent predictions that MasterCard Inc.'s stock will slow, it has spent most of this year speeding to new…

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Coinstar to buy money transfer firm for $60 million

July 25, 2007

BELLEVUE, Calif. - Coinstar E-Payment Services Inc., a subsidiary of Coinstar Inc. July 25 announced plans to buy GroupEx Financial Corp., which provides…

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Taking the kiosk to the ATM

by Tracy Kitten — Editor, AMC

Tranax says advanced functions will build brands and revenue.

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Bank in Ecuador selects Transoft's OptiCash, OptiNet for ATM, branch

July 19, 2007

CARY, N.C. - Transoft International Inc., provider of currency supply-chain-management solutions, has signed a deal with Ecuador's Produbanco bank for the…

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New Core Banking Systems signs with CIT for branch-capture solution

July 19, 2007

LAS VEGAS - New Core Banking Systems has ordered the Cheq-IT Vermezzo System from Cheq Information Technology Inc. The company says it plans to use the system…

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Alaric drives contactless MasterCard in Europe

July 18, 2007

LONDON - Alaric Systems Ltd., supplier of technology and fraud detection solutions for card payments, announced that its authentic-authorization and switching…

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Canadian company tests processing solution in New Zealand

July 18, 2007

TORONTO - Smart Processing Solutions, a TNS Group company, has entered into a partnership with Electronic Transaction Services Ltd. to pilot its Smart…

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