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Transaction Processing News & Media

ANALYSIS: A look at encryption, from then to now

by

August 14, 2005

Steve Weingart, a cryptography expert, examines the future of Triple DES by recapping encryption's history.

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Wincor signs ATM service contract with British bank

August 14, 2005

PADERBORN, Germany - Wincor Nixdorf announced in a news release that it has signed a contract with Britain's Co-operative Bank to provide end-to-end ATM…

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WAUSAU originates one-third of ACH ARC tranasactions

August 14, 2005

MOSINEE, Wis. - Nearly one-third of the Automated Clearinghouse network's 383 million interbank accounts receivable conversion transactions originated from…

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Professional Photographers of California joins RBS Lynk program

August 11, 2005

ATLANTA - Payment processor RBS Lynk announced in an Aug. 9 news release that the Professional Photographers of California has joined its OneLynk Alliance…

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First Data signs merchant alliance deal with Citibank

August 10, 2005

DENVER - First Data Corp. is buying Citibank's current U.S.-based Citi Merchant Services unit, which provides credit and debit card payment processing services…

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Credit Union 24 hits 17 million transactions in July

August 9, 2005

TALLAHASSEE, Fla. - The Credit Union 24 Network announced in a news release that it hit an all-time high in monthly volume in July, nearing 17 million. The…

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SunTrust extends contract with ACI

August 9, 2005

OMAHA, Neb. - ACI Worldwide announced in an Aug. 9 news release that its contract with SunTrust Banks Inc. to provide BASE24 transaction-processing software…

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Fiserv EFT reports record transaction volume

August 9, 2005

BROOKFIELD, Wis. - Fiserv Inc.'s EFT business unit announced solid EFT transaction volume and strong growth rates in key transaction categories for the first…

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First Data expands Asian presence

August 7, 2005

SHANGHAI, China - First Data Corp., a global provider of electronic commerce and payment services, has significantly expanded its presence in China and North…

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Wausau to provide software to Kodak

August 4, 2005

MOSINEE, Wisc. - Wausau Financial Systems announced in a news release that Eastman Kodak Co. has chosen WFS as its software technology partner for Kodak's…

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First Data to acquire Austrian processor

August 4, 2005

VIENNA, Austria - First Data Corp., a provider of electronic commerce and payment services, announced in an Aug. 5 news release that it has signed an agreement…

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Court orders CardSystems to retain breach data

August 3, 2005

Computerworld.com: A California state court has ordered CardSystems Solutions Inc. and three other defendants in a class-action lawsuit to preserve evidence…

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RBS Lynk, ATM USA introduce Internet processing for ATMs

July 31, 2005

The Green Sheet: RBS Lynk, a leading payment processor, and ATM USA, one of the nation's largest ATM distributors, have announced plans to introduce Internet…

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Euronet launches money-transfer, bill-payment services with acquisition of TelecommUSA

July 27, 2005

LEAWOOD, Kan. - Euronet Worldwide Inc., an electronic payments provider, completed its acquisition of TelecommUSA, a consumer financial services company based…

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Wausau is first to integrate with OPEX Eagle

July 27, 2005

MOSINEE, Wis. - Wausau Financial Systems, a provider of image-based payment processing solutions, announced in a news release that it is the first to integrate…

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Cash back at the POS versus the ATM

by Tracy Kitten — Editor, AMC

July 26, 2005

ATM deployers have been keeping watchful eyes on cash-back transactions at the POS, but a recent study shows that cash back at the POS might not be as popular…

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Euronet reports 34% increase in 2Q earnings from '04

July 26, 2005

LEAWOOD, Kan. - Euronet Worldwide Inc., an electronic-payments provider, announced in a news release that its revenue for the second quarter of 2005, ended…

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First Data acquires EuroProcessing International

July 26, 2005

LONDON - First Data Corp., an electronic commerce and payment services provider, has completed the acquisition of EuroProcessing International, a major card…

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Fury over ATM cash fees in UK continues

July 25, 2005

Manchester Evening News: Consumer groups in the United Kingdom have accused the government of complacency over its refusal to restrict the number of…

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Fiserv reports strong 2Q

July 24, 2005

BROOKFIELD, Wis. - Fiserv Inc. announced last week that its net income during the second quarte, which ended June 30, rose 20 percent, from $95 million (4…

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