Transaction Processing News & Media
Wells Fargo intros mobile banking
January 21, 2007
(St. Paul, Minn.) Pioneer Press: Wells Fargo and other big U.S. banks are expected to begin allowing their customers to check account balances, pay bills and…
read nowTNS Smart Network renews PCI compliance
January 21, 2007
TORONTO - Canada-based transaction processor TNS Smart Network Inc. has renewed its annual compliance with the Payment Card Industry Data Security Standard.…
read nowU.K.'s ATM withdrawals up in December
January 18, 2007
Money News: December 2006 proved to be a record month for ATM withdrawals in the United Kingdom, according to Link Interchange Network Ltd. Cash withdrawals…
read nowRESEARCH: Converging wire-transfer, ACH to revolutionize payments
January 18, 2007
BOSTON - A new report from Aite Group, "Converging Wire Transfer and Automated Clearing House (ACH) to Revolutionize U.S. Electronic Wholesale Payments,…
read nowCard data compromised at U.S. retail chains
January 17, 2007
CNET News: TJX, which operates the T.J. Maxx and Marshalls chains, said the computer systems that process its customer transactions have been breached, and…
read nowEuropean Commission cuts cost of cross-border payments
January 17, 2007
ePaynews: European consumers have seen a big drop when it comes to what they pay for cross-border money transfers and using their ATM/debit cards across…
read nowAccel/Exchange teams with Allpoint for free ATM access
January 16, 2007
BROOKFIELD, Wis. - The Accel/Exchange Network, owned and operated by Fiserv Inc., has signed a deal with Allpoint, the surcharge-free ATM network owned by…
read nowPrePay Technologies, Link launch prepaid payroll card
January 15, 2007
LONDON - Paying employees by cash or check could fade into the past as Link Interchange Network Ltd. rolls out its new prepaid payroll card for U.K.
read nowFirst Data, Microsoft, HP offer automated POS solution
January 15, 2007
DENVER - First Data Corp., Microsoft Corp. and Hewlett-Packard have come together to create a point-of-sale solution for smaler retailers. According to a…
read nowU.K. FI launches new travel card
January 14, 2007
ePaynews: Lloyds TSB has entered the prepaid travel card market with the launch of its Visa Travel Money Card. United Kingdom-based Lloyds is charging £7.5…
read nowAlaric International achieves Visa validation
January 14, 2007
LONDON - Alaric International Ltd., supplier of advanced-technology solutions for the card-payments industry, has received Visa Payment Application Best…
read nowMetavante buys Valutec, expands prepaid offerings
January 14, 2007
MILWAUKEE - Metavante Corp., the financial-technology subsidiary of Marshall & Ilsley Corp., has acquired Franklin, Tenn.-based Valutec Card Solutions…
read nowU.S. Bank provides ATM processing to Barona Valley Casino
January 11, 2007
MINNEAPOLIS - U.S. Bank Gaming Services, a division of U.S. Bancorp subsidiary Ultron Inc., announced it has signed an ATM-processing deal with Barona Valley…
read nowGlobal Axcess, Elan ink ATM cash deal
January 11, 2007
PONTE VEDRA BEACH, Fla. - Elan Financial Services, a business unit of U.S. Bank, announced that it has signed an ATM vault-cash deal with Nationwide Money…
read nowFourth-largest credit union expands deal with Co-Op
January 9, 2007
ONTARIO, Calif. - BECU, the fourth-largest credit union in the United States, has selected Co-Op Financial Services for ATM processing and signature debit…
read nowNetwork International, JCB sign alliance in UAE
January 9, 2007
TOKYO - Network International, card-solutions provider in the United Arab Emirates, and JCB International have signed a deal to expand JCB card acceptance in…
read nowIndia's Reserve Bank works to block fake notes ATMs
January 8, 2007
New Kerala: The Reserve Bank of India is working to help banks ensure that counterfeit notes are not dispensed through their ATMs. In a public notice issued…
read nowFirst Data extends reach into Pakistan
January 8, 2007
LAHORE, Pakistan - First Data International has signed a card-processing deal with Alfalah Bank, a credit-card issuer and merchant acquirer in Pakistan. …
read nowCanada's Interac sets debit record
January 7, 2007
Digital Transactions: Interac, Canada's national EFT network, announced that it processed more point-of-sale debit card transactions on Dec. 22 and 23 than in…
read nowNACHA's number of ACH professionals jumps 85%
January 4, 2007
HERNDON, Va. - NACHA-The Electronic Payments Association announced that it accredited 668 payments professionals in 2006 under the Accredited ACH Professional…
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