Transaction Processing News & Media
Danes test finger vein payment tech
April 27, 2018
Nets, a digital payments specialist, has launched a test of finger vein payments at the Copenhagen Business School in Denmark.
read nowEMV card issuance, transactions surpass 50 percent globally
April 20, 2018
By the end of 2017, 54.6 percent of all cards issued globally were EMV-enabled, and the number of EMV payment cards in circulation worldwide stood at 7.…
read nowIndia's cash woes just won't quit
April 20, 2018
ATM cash outages are again an issue in India, nearly 18 months after Prime Minister Narendra Modi's government sent the banking industry into turmoil by wiping…
read nowIowa bank taps Fiserv for solutions to increase efficiency, attract customers
April 19, 2018
Fiserv Inc., a provider of financial services technology solutions, has announced that Farmers & Merchants Savings Bank, based in Iowa City, Iowa, will…
read nowCoinstar solution lets consumers pay bills with cash
April 16, 2018
Coinstar, a provider of self-service coin counting kiosks, and doxo, a web and mobile bill payment solution, have partnered to provide a cash bill pay service…
read nowCo-op upgrades ATM terminal driving with services aimed at 'digital first' users
April 13, 2018
Co-op Financial Services is rolling out enhancements to its ATM terminal driving solution, including new personalization capabilities and upgraded hardware and…
read nowCapital One ATM fees 'unconscionable,' class action suit claims
April 13, 2018
A class action lawsuit filed April 6 charges that Capital One NA imposes unfair ATM fees on in- and out-of-network transactions.
read nowNearly all US ATMs now EMV-capable, study finds
April 6, 2018
The vast majority (91 percent) of U.S. ATMs are now EMV-capable, and fully 86 percent accept chip-on-chip transactions, according to new research from the ATM…
read nowIs 'Cash Rebellion' brewing in Sweden?
April 6, 2018
In Sweden, there's a name for it: Kontantupproret. That translates to "Cash Rebellion," the name chosen by a group of Swedes who are speaking out against the…
read nowFiserv expands reach of CardFree Cash program
April 5, 2018
Fiserv Inc., a provider of financial services technology solutions, has announced that retail ATM manufacturers Nautilus Hyosung America, Genmega and Triton…
read nowConsumers keen on digital payments, TSYS study finds
April 5, 2018
Emerging payment options are gaining widespread acceptance with consumers across age groups, especially those in the 25–34 age demographic, according to the…
read nowConsumers using mobile wallet to total 2.1B in 2019
April 5, 2018
Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30 percent from 1.6 billion recorded at the…
read nowElavon announces Atlanta expansion
April 5, 2018
Elavon, the end-to-end payments subsidiary of U.S. Bancorp, is expanding its presence in Atlanta, with a plan to hire approximately 180 new employees during…
read nowMobile payments to rack up 34 percent CAGR through 2023
April 3, 2018
Data from Allied Market Research suggests that the mobile payment market will expand at a compound annual growth rate of 33.8 percent from 2017 to 2023, to…
read nowBrazil caps debit interchange, considers cap for credit
March 30, 2018
Brazil has announced a cap on debit card fees paid by merchants to card issuers, cutting the revenue banks collect for transactions by as much as 40 percent.
read nowPSCU to provide card processing, ATM driving for Florida CU
March 30, 2018
PSCU, a credit union service organization, has announced that one of its founding credit unions, Dunedin, Florida-based Achieva Credit Union, has rejoined the…
read nowMint mobile wallet extends ATM, banking services to unbanked in UAE
March 29, 2018
The Mint Corp., a Toronto-based payments company with its primary business in Dubai, has announced that its majority-owned subsidiary Mint Middle East LLC has…
read now8 in 10 Canadians choose cards over cash for payments
March 29, 2018
Like their American counterparts, Canadians are becoming card-first buyers, with nearly 8 in 10 (79 percent) going to that payment method first when making a…
read nowA2iA RDC solution captures deals with major FIs in Europe, UK
March 29, 2018
A2iA Corp., a Paris-based developer of artificial intelligence and machine-learning based software for data capture, document processing, and payment systems…
read nowFSS, JIT alliance to deliver digital banking solutions to Sri Lanka
March 27, 2018
Financial Software Systems, a provider of payments technology and transaction processing solutions, has forged a strategic partnership with Just In Time Group…
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