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Transaction Processing News & Media

Euronet's ATM-management jumps 23% in 1Q '06

April 25, 2006

LEAWOOD, Kan. - Euronet Worldwide Inc. reported increases in both revenue and net income for the first quarter of 2006, the result, the company said, of a 3…

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Fiserv reports revenue increase, net income decrease

April 25, 2006

BROOKFIELD, Wis. - Fiserv Inc. reported a 13 percent revenue increase for the first quarter of 2006, up from $937.1 million in 1Q 2005 to $1.1 billion. Net…

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ATM surcharges at banks continue to rise

April 24, 2006

Digital Transactions: More banks now levy surcharges on ATM transactions performed by non-customers, and the fee is higher than ever, according to…

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Debitman's new CEO stresses more merchants, issuers, products

April 23, 2006

Digital Transactions: Debitman Card Inc.'s new chief executive sees no significant strategic changes ahead for the PIN debit network, though he says some new…

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Banks fight Wal-Mart's application for bank charter

April 20, 2006

WASHINGTON - Wal-Mart Stores Inc. hopes to pacify growing resistance to its application for a bank charter by insisting it has no intention of offering retail…

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NACHA's payment pilot to launch in early '07

April 20, 2006

Digital Transactions: NACHA's long-expected pilot project to test Internet payments to retailers and billers is expected to launch early next year. The pilot…

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Fed won't set interchange fees

April 20, 2006

WASHINGTON - The Federal Reserve said last week it won't intervene in the growing market of card interchange fees, now as much as $30 billion a year.

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Singapore QFBs waive ATM fees

April 18, 2006

The (SINGAPORE) Star: Five qualifying full banks, known as QFBs - ABN Amro, Citibank, HSBC, Maybank and Standard Chartered - announced they have waived the ATM…

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DCI elects Capeloto, Kohart to board

April 18, 2006

HUTCHINSON, Kan. - DCI, a provider of full-service bank technology and processing solutions to the financial industry, announced in a news release the election…

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SVPCO swaps more images in Q1 '06

April 18, 2006

Digital Transactions: The country's largest image-exchange network reported today it handled more volume in the year's first quarter than it processed in all…

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ACI develops payments system for SEPA

April 18, 2006

OMAHA, Neb. - ACI Worldwide announced in a news release the launch of the ACI Wholesale Payments System for SEPA, a global payments processing engine that…

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ATM fees in Scotland come under fire

April 18, 2006

The Scotsman: Scottish National Party trade and industry spokesman Mike Weir has launched a scathing attack on the United Kingdom's "scandalous" proliferation…

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Indian FIs sign ATM-sharing deal

April 13, 2006

Business Standard: India's HDFC Bank and Kotak Mahindra signed a deal to share their ATM networks, which give customers of both the banks access to more than…

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Wal-Mart bank approval will hurt independent bankers, analysts say

April 12, 2006

CNN Money: In ongoing hearings before regulators in Washington this week, Wal-Mart executives pledged that the discounter has no interest in opening…

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FastLane to exhibit at ETA

April 12, 2006

BOULDER, Colo. - FastLane One Swipe technology will officially launch April 18 at the Electronic Transactions Association in Las Vegas, the company announced…

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PIN debit has advantages over signature

April 12, 2006

ePaynews: Debit-card use continues to grow in the United States, with the Star network reporting that 2005 debit purchases were 32 percent higher than cash and…

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Discover expands ATM card acceptance through Pulse

April 11, 2006

RIVERWOODS, Ill. - Discover Financial Services LLC's cards are now accepted at ATMs on the Pulse network.

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Tio Networks, Tranax launch hybrid-ATM strategy

April 11, 2006

BURNABY, British Columbia - Tio Networks Corp., formerly Info Touch Technologies Corp., and Tranax Technologies Inc. have entered a strategic partnership to…

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New merchants to fuel contactless growth in North America

April 11, 2006

Digital Transactions: Shipments of contactless-payment transponders - the cards, keyfobs and other devices consumers use to make radio-wave payments at the…

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Latin America's card markets nearing maturity

April 10, 2006

ePaynews: Latin America's card-payment systems are nearing maturity, as are the economies of scale necessary for sustained growth, as POS terminal penetration…

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