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Transaction Processing News & Media

First Data, SBI Card partnership to support cashless India

January 26, 2018

First Data has expanded its partnership with SBI Card, a leading credit card issuer in India with more than 5.6 million customers.

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PCI SSC unveils PIN-on-glass security standard

January 26, 2018

The PCI Security Standards Council has issued a new PCI Security Standard for software-based PIN entry on commercial off-the-shelf devices such as smartphones…

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Bitcoin ATM provider's proprietary software adds new services, enhances UX

January 24, 2018

The Coinsource bitcoin ATM network has unveiled a new in-house software stack that will significantly improve the user experience at the company's nearly 40…

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American Airlines goes cashless at Miami ticket counters

January 23, 2018

American Airlines is going cashless at Miami International Airport. This means that any fees paid at check-in — say, for a checked bag — will have to be…

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Convergence, cooperation are bywords for financial institutions, fintechs in 2018

January 23, 2018

The convergence of mobile platforms, APIs, machine learning and faster payments systems will require an unprecedented level of cooperation between payments…

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Discover card acceptance expands to Hong Kong

January 22, 2018

Discover Global Network, the payments brand of Discover Financial Services, will expand card acceptance at key merchants in Hong Kong in partnership with First…

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UK consumer group sounds alarm over ATM 'deserts'

January 22, 2018

Research by the U.K. watchdog organization Which has identified more than 200 communities in Britain with poor ATM access — or none at all — and says the…

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Interac, ICC partnership enables U.S. merchant certification for Canadian card transactions

January 19, 2018

Canadians will be able to use chip technology through the Interac Debit service at more U.S. merchant locations as the result of a partnership between Interac…

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PCI SSC program aims to increase ranks of qualified security assessors

January 19, 2018

The PCI Security Standards Council is accepting applications for its new Associate Qualified Security Assessor program. According to a press release, the…

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Sri Lanka chalks up its 1st fully EMV-compliant ATM network

January 19, 2018

The Commercial Bank of Ceylon has announced that its ATM network is the first in Sri Lanka to achieve full EMV compliance. 

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The future of cash and digital payments

It is undeniable that the payment landscape is changing, and that electronic money is a key part of this. However, technological advancements are also being…

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States want safe harbor for FIs serving legal cannabis industry

January 18, 2018

A bipartisan group of state attorneys general is urging Congressional leaders to enact legislation that would allow marijuana dispensaries to participate in…

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Visa launches pilot test of biometric EMV cards

January 16, 2018

Visa has initiated the first commercial test of an EMV dual-interface payment card with on-card biometric ID, according to a press release. 

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TSYS finalizes acquisition of Cayan

January 16, 2018

TSYS has completed its acquisition of Cayan, a payment technology company focused on integrated payment products and merchant acquiring. The deal, announced…

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Fime Savvi platform qualified by Union Pay International

January 12, 2018

Fime has announced the qualification of its Savvi test platform by UnionPay International. Qualification means that acquirers overseas can now receive local…

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Visa boards the signature-free EMV bandwagon at last

January 12, 2018

Visa has now joined the other major card networks in eliminating the signature requirement for consumer purchases made in the U.S. with an EMV-enabled…

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Wells Fargo rolls out Fitbit Pay mobile payment capabiltiy

January 12, 2018

Wells Fargo & Co. has partnered with wearables provider Fitbit to launch Fitbit Pay, a solution that will allow the financial institution's customers to…

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ICBA Bancard offers NYCE access to community banks

January 11, 2018

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America, has announced that it will offer NYCE Payments Network LLC…

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Vantiv stockholders OK Worldpay merger

January 11, 2018

At a special meeting, stockholders of Vantiv Inc. voted to approve all proposals necessary for Vantiv to acquire Worldpay Group PLC and create Worldpay Inc.

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Visa, Dynamics unveil multifeature wallet card

January 9, 2018

Visa Inc. and Dynamics Inc., an intelligent card developer, have unveiled the Dynamics Wallet Card, a connected payment card slated for availability early this…

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