Transaction Processing News & Media
Contactless payments win the day at World Cup matches
June 29, 2018
Approximately 1 in 5 purchases made with Visa cards at World Cup soccer matches in Russia used contactless payment technology, including smartphones, bracelets…
read nowDollar Bank taps Fiserv to update digital banking, payment capabilities
June 28, 2018
Dollar Bank, the nation's largest independent mutual bank, has tapped Fiserv Inc., a provider of financial services technology solutions, to update its digital…
read nowFIS, TCH team to offer automated solution for RTP precertification
June 27, 2018
FIS, a provider of financial services technology, has struck an agreement with The Clearing House to provide technology to speed up testing and certification…
read nowVenmo reaches into ATM, retail markets with MasterCard-branded debit card
June 26, 2018
After a year of tests, Venmo has officially launched a debit card that expands the capabilities of its popular P2P mobile payment app to encompass retail and…
read nowAlfa-Bank migrates card processing to OpenWay platform
June 25, 2018
Alfa-Bank Belarus, an Alfa-Bank Group subsidiary with assets of $44 billion, has completed its migration to the Way4 platform by OpenWay, a digital payment…
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Are your ATM fees driving away cardholders?
by Rebecca Hellmann — Director of Marketing, FCTI
Cash may be on its way out, but the trip looks to be slow, tedious and accomplished by fits and starts. In the meantime, more than three-quarters of consumers…
read nowBanks, billers, merchants see benefits in open banking, real-time payments
June 22, 2018
Eighty-six percent of banks, 82 percent of billing organizations and 78 percent of merchants expect to see improvements in their customer service as a result…
read nowPayPal gets acquisitive in deals with Simility, Hyperwallet
June 22, 2018
PayPal announced yesterday that it will acquire Simility, a fraud prevention and risk management platform, for $120 million in cash, subject to certain…
read nowShake Shack shutters cashless store experiment
June 22, 2018
Shake Shack has decided not to go cashless after testing the idea in a store that had order-and-pay kiosks and no cashiers. However, the fast casual chain…
read nowNational Bank of Greece migrates debit card portfolio, services to Way4 platform
June 15, 2018
National Bank of Greece has migrated its debit card portfolio to the Way4 card management system by digital payments software provider OpenWay.
read nowCash, cards and contactless: Survey examines unattended payment preferences
June 14, 2018
Seventy percent of consumers want unattended terminals to accept both card and cash payments, and a significant number are willing to transact at these…
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ATMs going, going, already gone?
by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC
I have begun observing that there are fewer and fewer ATMs in places where I used to see them — at airports, railway stations and malls.
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Real-time data: The key to transaction satisfaction for the contemporary bank accountholder
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
While delivery of retail banking services is growing more complex, accountholders are growing more impatient with service disruptions and slow transaction…
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1 simple way to make merchant cash management a snap
by atm Atom — blogger, atmatom
Admittedly, cash sales present merchants with challenges — the cost of theft and shrinkage and the time spent separating and counting notes, filling out bank…
read nowIndustry coalition aims to boost payment system security
June 8, 2018
Retail and payments industry stakeholders have formed a new association, the Secure Payments Partnership, to promote security across the payments system.
read nowVisa, Wirecard join forces to drive fintech forward
June 7, 2018
Wirecard and Visa have signed a partnership agreement to collaborate on new products in the field of digital financial technology, according to a press release.
read nowAs frictionless payments struggle for traction, consumers cling to cash
June 7, 2018
Consumer concerns about data security and privacy are hampering the move to frictionless payments, according to Lost in Transaction: Payment Trends 2018, a…
read nowTNS brings on chief product officer in pursuit of strategic growth
June 6, 2018
Transaction Network Services has hired telecommunications industry veteran Bill Versen to the newly created position of chief product officer.
read nowPaysafe finalizes acquisition of iPayment to broaden SMB footprint
June 5, 2018
Paysafe Group, a global payments provider, announced Monday it has completed the acquisition of iPayment Holdings Inc., which was signed on April 12.
read nowDiebold, MasterCard to pilot cardless ATM solutions
June 4, 2018
Diebold Nixdorf is teaming up with MasterCard to pilot test two cash provision services — MasterCard Cash Pick-Up and Cardless ATM powered by MasterCard.
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