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Transaction Processing News & Media

Amex OKs ICC Solutions Contactless Pre-tap test suite

December 7, 2017

ICC Solutions has announced that its ExpressPay Test Suite version 1.5, which supports American Express Contactless Pre-tap, has been qualified by Amex in both…

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Discover rubs out signature requirement for card-present transactions

December 7, 2017

Beginning in April 2018, Discover will no longer require signatures at the point of sale for credit and debit transactions on the Discover Global Network in…

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Amazon Pay now an option within Alexa skills apps

December 5, 2017

Software developers will soon have the option to add Amazon Pay to their voice apps in the Alexa Skills Store, according to an announcement from Amazon.

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TIO Networks breach might have exposed 1.6M consumer records

December 5, 2017

TIO Networks, the bill payment platform acquired this summer by PayPal, has said that a security vulnerability could have exposed the personal information of…

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Bitcoin ATMs laundering money in London, police say

December 5, 2017

Authorities in London have said that criminals are using the city's bitcoin ATMs to launder the proceeds from drug sales and other illicit activities.

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PNC rolls out real-time payments

December 5, 2017

PNC, a top 10 U.S. bank by assets, has gone live on RTP, The Clearing House real-time payment system, using the Finastra payment services hub, Fusion Payments.

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Fime certification streamlines Pulse D-PAS implementation for ATM, POS deployers

November 30, 2017

U.S. payments consultancy Fime has achieved D-Payment Application Specification consulting services accreditation.

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ACI, Zelle partner to provide real-time payments option for FIs

November 29, 2017

ACI Worldwide, a provider of real-time electronic payment and banking solutions, has been named a technology partner of the Zelle P2P network, and will provide…

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Do bitcoin and blockchain have a future in financial services?

Distributed ledger technology undoubtedly has characteristics that could improve payment processing efficiency and security ... if financial service providers…

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Brits keen to use contactless payments for larger purchases

November 28, 2017

Nearly half (48 percent) of U.K. shoppers would like to customize their contactless card transaction limit or, at least would like to have the option to do so…

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How Brits got easy ATM access — and could lose it just like that

by Ron Delnevo — Chairman, Cash and Card World

IADs in the UK have always fought an uphill battle. The fight will become harder still — in fact, hopeless for some — if the banks that own the Link ATM…

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TSS intros hardware encryption support for mobile wallets

November 20, 2017

Trusted Security Solutions Inc., developer of the A98 ATM key management system, now supports FIs and card issuers with hardware encryption for mobile wallet…

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Hyosung software enables virtual currency transactions at traditional ATMs

November 20, 2017

Nautilus Hyosung America has announced the introduction of Just Cash, ATM functionality that enables bitcoin transactions on a standard ATM.

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Payrailz aims to help FIs bring simplicity to digital payments

November 17, 2017

Payrailz, a provider of digital bill payment and money transfer products for banks and credit unions, has officially launched.

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Cashless payment just the ticket for global public transit, Visa says

November 16, 2017

Visa has announced plans to take a sizable bite out of cash with Visa Global Transit Solutions, a new program designed to accelerate the use of debit, credit…

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PSCU welcomes 4 FIs back to the fold for ATM, card processing services

November 16, 2017

PSCU has announced that four credit unions have returned to the credit union service organization as member-owners. The four have signed agreements with PSCU…

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Aussie providers strike Android Pay deal

November 14, 2017

Australia's domestic debit payments network, eftpos, has announced that approximately 2 million cardholders from financial institutions ANZ and Cuscal can now…

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US Bank app implements location services for purchase verification

November 14, 2017

U.S. Bank has added location services to its mobile banking app, allowing Visa credit and debit card customers to use their phone's location to help verify…

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GMV, AGS strategic partnership brings Checker ATM security to India

November 14, 2017

Madrid, Spain-based GMV, provider of Checker ATM security software, and AGS Transact Technologies Ltd., an Indian provider of end-to-end payment solutions…

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Energy drink company develops thirst for bitcoin ATMs

November 13, 2017

DNA Brands Inc., an energy drink company making the transition to blockchain technology provider and incubator, has closed a deal with Bitcoindepot.com to…

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