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Transaction Processing News & Media

Chase goes contactless with Visa debit cards

June 25, 2006

Digital Transactions: JPMorgan Chase & Co. plans to re-issue 1.8 million Visa debit cards with contactless payment technology that uses radio waves. The…

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GFG meets 2006 product development milestones

June 22, 2006

AUCKLAND, New Zealand - GFG Group Ltd. reported strong earnings for the fiscal year ended March 31.

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Star Network, Golden 1 sign processing agreement

June 21, 2006

DENVER - First Data Corp. has renewed its agreement with Golden 1 credit union to provide Star Network access and PIN-debit processing for the credit union's…

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Fiserv EFT, AFFN extend contract

June 21, 2006

BROOKFIELD, Wis. - Fiserv EFT and the Armed Forces Financial Network (AFFN) have signed a contract extension for network switching services.

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PACB names Fifth Third preferred vendor

June 21, 2006

CINCINNATI, Ohio - The Pennsylvania Association of Community Bankers (PACB) named Fifth Third Processing Solutions as its preferred processor for EFT services…

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Mobile payment project to launch in Netherlands

June 20, 2006

AMSTERDAM, Netherlands - Japan-based JCB International Co. will launch a pilot project in Amsterdam that will use short-range wireless technology to provide…

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GFG signs mobile-payments deal in Asia

June 20, 2006

MANILA, Philippines - New Zealand-based GFG Group has signed a reseller agreement for its mobile-payments solution, GFG:Mobile, with Philippines-based Infocom…

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Asia Pay appoints new director

June 18, 2006

HONG KONG - Choo Jee Sam has been appointed to Asia Payment Systems Inc.'s board of directors.

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Wausau expert Robert Rice to speak in Chicago

June 15, 2006

MOSINEE, Wis. - Robert Rice, a Wausau Financial Systems consultant, is slated to speak June 22 at the International Quality & Productivity Center in…

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Link acquires stake in Prepay Technologies

June 15, 2006

NORTH YORKSHIRE, England - Link Interchange Network Ltd. has acquired a 17-percent stake in London-based prepaid-card company Prepay Technologies Ltd.

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About Fifth Third Bank Processing Solutions

June 13, 2006

Fifth Third Processing Solutions processes over 17 billion ATM and POS transactions per year for more than 1,480 financial institutions and over 132,000 retail…

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First Data completes acquisition of German company

June 13, 2006

DENVER - First Data International completed its acquisition of Germany-based GZS, a card-based payment-transactions processor, the company announced in a press…

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SURVEY: Australians prefer net banking

June 12, 2006

The (Australian) Advertiser: Online banking is the most popular way for Australians to undertake financial transactions, according to a survey conducted by…

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Remittance Processing Council becomes Payments Capture & Clearing Council

June 12, 2006

CHICAGO - The Association for Work Process Improvement (TAWPI) announced a name change for its Remittance Processing Council. The industry group will be called…

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Chicago bank renews First Data contract

June 11, 2006

OMAHA, Neb. - Amalgamated Bank of Chicago renewed its deal with First Data Corp. for card-processing and statement-production services, and mailing and…

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Wausau, Associated Bank showcase solutions at TAWPI forum

June 11, 2006

MOSINEE, Wis. - Representatives from Wausau Financial Systems and Associated Bancorp Services will speak June 13 in Chicago at The Association for Work Process…

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System brings ATMs to remote retailers

June 7, 2006

TMCnet: Retailers and banks in remote areas of India will soon be linked wirelessly through a new point-of-sale system that uses cell sites to transmit data.

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Co-Op Financial Services opens St. Louis office

June 6, 2006

ONTARIO, Calif. - Co-Op Financial Services, formerly the Co-Op Network, announced the opening of a sales office in St. Louis that will cover Missouri, Kansas…

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