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Transaction Processing News & Media

Citi tests contactless mobile payments in New York

December 26, 2006

Digital Transactions: The latest U.S. trial of contactless payments that use mobile phones and near-field communication technology is expected to begin Jan.

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South Carolina credit union deploys Diebold ATMs

December 21, 2006

NORTH CHARLESTON, S.C. - South Carolina Federal Credit Union has partnered with North Canton, Ohio-based Diebold Inc. for the deployment of advanced…

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First Data, Lloyds TSB renew processing agreement

December 20, 2006

LONDON - First Data International has renewed its agreement with U.K.-based Lloyds TSB for transaction processing services.   First Data will continue to…

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SortLogic, Avalon expand software agreement

December 20, 2006

LAS VEGAS - Plano, Texas-based SortLogic Systems, a division of Omni-Soft Inc., and Norcross, Ga.-based Avalon International Inc., have signed an expansion…

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Cash Systems, Seminole tribe ink ATM deal

December 20, 2006

LAS VEGAS - Cash Systems Inc., provider of cash-access solutions for the gaming industry, announced Dec. 20 that it has signed a multi-year contract renewal…

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H&R Block intros prepaid MasterCard

December 20, 2006

KANSAS CITY, Mo. - H&R Block announced Dec. 21 the launch of its Emerald Prepaid MasterCard, designed to support the direct deposit of payroll and other…

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Indian bank gives free ATM access

December 19, 2006

(Mumbai) New Kerala: Private sector bank ICICI announced Dec. 19 that it is offering free access to more than 18,000 ATMs. Read more

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ATM scam targets Florida residents

December 19, 2006

CFnews13: An ATM/debit card scam is reportedly making its way across Volusia County, Fla. More than 40 people have reported money was stolen from their bank…

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First Data, Advanta renew card-processing deal

December 19, 2006

OMAHA, Neb. - First Data Corp. announced Dec. 20 that it has renewed a transaction-processing agreement with Advanta Corp., a subsidiary Advanta Bank Corp.

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Mercator launches EFT/ATM processor review

December 19, 2006

BOSTON - Mercator Advisory Group has launched its review of EFT and ATM processors' offerings. The report, available to financial institutions, examines debit…

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Bank Machine addresses need for fee-free ATMs in U.K.

December 19, 2006

HATFIELD, England - Following the report from the ATM Working Group set up by the Link Interchange Network Ltd., an additional 600 free-to-use ATMs are…

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CDS intros cash forecasting, balancing tools

December 18, 2006

DALLAS - Columbus Data Services announced Dec. 18 the release of its Web-based cash forecasting and cash balancing tools.   The new system is designed to…

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Currency recycling cuts costs in retail locations

December 18, 2006

Cash recycling at the POS, as well as the self-service channel, in a retail environment can help retailers and merchants cut costs and improve cash management.

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Tranax intros solution to stop unauthorized ATM access

December 17, 2006

FREMONT, Calif. - Tranax Technologies Inc. announced Dec. 16 the launch of its new software solution designed to help prevent unauthorized access to Tranax…

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California court denies motion to dismiss ATM interchange case

December 17, 2006

The Antitrust Monitor: A judge in the U.S. District Court for the Northern District of California has issued an interesting decision in a class action suit…

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FIs move more transactions to mobile phones

December 17, 2006

NewsFactorNetwork: Early next year, Citibank is expected to test a program that lets consumers check balances, pay bills, transfer funds and search for nearby…

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ATM ISOs in Korea shift gears

by

Korea's ISOs operate under a unique model. But heightened competition is forcing them to re-evaluate how they do business.

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Renasant Bank launches Metavante's remote-capture solution

December 14, 2006

MILWAUKEE - Renasant Bank of Tupelo, Miss., has launched the Metavante Image Solutions DirectMerchant distributed image-capture solution for its business and…

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Maxon, DeVoglaer join NetSpend exec team

December 13, 2006

AUSTIN, Texas - Prepaid card processor NetSpend Corp. announced Dec. 14 that Marlene Maxon and James DeVoglaer have been named to the company's executive…

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Illinois credit union joins Allpoint ATM network

December 13, 2006

Belleview News-Democrat: Illinois-based Scott Credit Union has joined the Allpoint ATM network, giving its more than 57,000 members access to 32,00…

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