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Transaction Processing News & Media

UnionPay International pursues global growth with ACI

March 23, 2018

ACI Worldwide, a provider of real-time electronic payment and banking solutions, has formed a key strategic partnership with Shanghai-based bankcard company…

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Bulgarian card processor launches digital transformation with WAY4 platform

March 22, 2018

Borica AD, a provider and operator of payments infrastructure for financial institutions in Bulgaria and 30 neighboring countries, has chosen the OpenWay WAY…

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PAI named among 'Best Bets' in Kentucky

March 20, 2018

Payment Alliance International, the nation's largest privately held ATM provider, has been named to the inaugural Kentucky's Best Bets 2017 list by Dean Dorton…

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PAI, Planet Payment renew contract for direct currency conversion at ATMs

March 16, 2018

Payment Alliance International, the nation's largest privately held ATM provider, and Planet Payment Inc., a provider of international and multicurrency…

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Chase, PayPal partner for mobile wallet promo

March 15, 2018

As of today, Chase Freedom has added a new quarterly category — PayPal — and has brought back a customer favorite — Chase Pay and grocery stores — from April…

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Will real-time payments really transform the US market?

Real-time payments infrastructure officially arrived in the U.S. with the launch of The Clearing House RTP system in November. Will the technology ultimately…

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US ATM operators petition Visa to lift DCC prohibition

March 9, 2018

The National ATM Council has sent a formal public petition to Visa on behalf of consumers and the U.S. ATM industry seeking elimination of network rules that…

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ATM, merchant card reader compromises hit new high

March 7, 2018

The number of payment cards compromised at U.S. ATMs and merchant locations climbed 10 percent in 2017, according to Silicon Valley-based FICO. The number of…

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Fiserv, MasterCard team to debut AI-based transaction decisioning solution

March 7, 2018

Fiserv Inc., a provider of financial services technology solutions, has become the first processor to offer MasterCard Decision Intelligence, a comprehensive…

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Payments platform provider HPS sets sights on US market

March 7, 2018

HPS, a Casablanca, Morocco-based provider of electronic payment solutions for financial institutions, card processors, merchant acquirers, independent sales…

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Online card payments to double by 2022

March 6, 2018

The number of card payments made online worldwide is set to jump from 29 billion in 2016 to 70 billion in 2022, according to Global Payment Cards Data and…

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A pathway to fee-free profitability for ISOs and IADs

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Want to increase traffic at your ATMs and realize greater profitability from every card transaction? A March 8 webinar hosted by ATM marketplace and sponsored…

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US Payments Forum issues updated EMV certification, testing white paper

March 2, 2018

The U.S. Payments Forum, a cross-industry body focused on supporting the introduction and implementation of new and emerging payment technologies, has updated…

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New Jersey increases number of bitcoin ATMs

March 1, 2018

North Bergen, New Jersey, now has its first cryptocurrency ATM. The machine allows users to exchange U.S. currency for bitcoin, Litecoin and Ethereum.

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UK millennials plan to foist paper 'tenners' onto friends

March 1, 2018

Britain's paper 10 pound note officially goes out of circulation today, giving way to the new plastic "tenner" featuring Jane Austen. This means that the paper…

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Visa charts 70 percent drop in card present fraud post-EMV

February 28, 2018

Visa has published EMV chip card statistics for December, and they show that the technology has made major inroads since the company's first liability shift…

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The ATM gave her $100s instead of $5s; the bank wants them back

February 23, 2018

Christina Ochoa might've felt like the luckiest girl in the world when an ATM at Central National Bank in Wichita, Kansas, allegedly dispensed a $100 bill that…

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Credit Europe Bank, JCB partner on ATM, POS acceptance

February 21, 2018

Credit Europe Bank Ltd., a Russian financial institution, has announced that it will begin to accept JCB Cards acceptance at the bank's ATM and…

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Discover debuts Cashback for debit card purchases

February 21, 2018

Discover has launched a new rewards program for its Cashback Checking product that allows customers to earn cash back on everyday debit card purchases.

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US Payments Forum offers guidance on mobile wallet strategy

February 20, 2018

The U.S. Payments Forum has released a white paper meant to help merchants and issuers understand the key factors and considerations for developing a mobile or…

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