Transaction Processing News & Media
Maestro, Electron give way to MasterCard, Visa in Europe
November 10, 2017
Bankcard issuers in Europe are upgrading cards from Maestro and Electron — particularly debit cards — to MasterCard and Visa, taking advantage of the wider…
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The ATM world is in for a seismic shift ... Are you ready?
by atm Atom — blogger, atmatom
The speed and magnitude of the recent changes seen in major Western ATM markets cannot be overstated. It will likely be the ability to quickly adapt — or not …
read now6 post-EMV fraud trends to watch
November 9, 2017
Two years after the EMV deadline for U.S. merchants, Auriemma Consulting Group, a boutique management consulting firm, has identified six notable EMV trends:
read now20 percent cut in ATM fees potentially 'catastrophic' for UK cash users
November 7, 2017
A decision by Link, the U.K.'s largest ATM network provider, means that 1 in 5 ATMs will disappear from Britain's high streets within four years, according to…
read nowCo-op, First Tech FCU renew and expand partnership
November 7, 2017
Co-op Financial Services, a credit union service organization, and First Tech Federal Credit Union have agreed to renew and expand their 8-year-old…
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My transaction was rejected — and it was a deposit!
by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC
"Check rejected for technical reasons," the screen said. What? I had endorsed it correctly and it all looked good, but rejected? Not even accepted and flagged…
read nowReal-time payments making inroads worldwide
November 3, 2017
Global adoption of real-time payment programs by financial institutions is picking up speed, according to new research from FIS.
read nowEMVCo releases framework for secure remote commerce
November 3, 2017
EMVCo has released EMV Secure Remote Commerce — Technical Framework version 1.0.
read nowFiserv thrives in Q3
November 2, 2017
Fiserv Inc., a provider of financial services technology solutions, has reported financial results for the third quarter of 2017 as follows:
read nowRemote cash payment takes (a little) pain out of parking tickets in NYC
November 2, 2017
PayNearMe, a company that enables government agencies and businesses to accept remote cash payments, has partnered with the New York City Department of Finance…
read nowFintrax Group to acquire Planet Payment
October 31, 2017
Fintrax Group, a Galway, Ireland-based provider of multicurrency digital payment processing for tourists, and Planet Payment Inc., a Long Beach, New…
read nowACI to support Europe's instant payment schemes
October 31, 2017
ACI Worldwide, a provider of real-time electronic payment and banking solutions, will support the European Payments Council SEPA Instant rulebook standard ISO…
read nowTNS adds wireless POS support for major US processor
October 31, 2017
Transaction Network Services, a provider of data communications and interoperability solutions, has signed an agreement with a major U.S.-based processor to…
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Funds disbursement via Visa: A bigger slice of the pie for ATMs?
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
At Money 20/20 this week, Visa EVP Oliver Jenkyn mapped out growth opportunities that push money the other way — that is, toward the consumer — across the…
read nowRetail-BCG announces 'extended' end-to-end ATM services
October 26, 2017
Retail Bank Consulting Group, a U.K.-based provider of ATM and business processing outsourcing, has launched extended end-to-end ATM services for the European…
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Mobile wallets: In a lull or just another nonstarter?
by Will Hernandez — Editor, NetWorld Media Group
Is the mobile wallet movement toast? A new study concludes that consumers and merchants might just be taking a break from adopting the technology while they…
read nowIndustry petitions Visa to end prohibition of DCC at US ATMs
October 24, 2017
The National ATM Council Inc., on behalf of the U.S. ATM industry, has launched a petition drive requesting that Visa authorize dynamic currency conversion at…
read nowVisa ID Intelligence promises smarter, faster customer authentication
October 20, 2017
Visa has launched Visa ID Intelligence, a platform that lets issuers, acquirers and merchants quickly adopt emerging authentication technologies, according to…
read nowMasterCard, The Clearing House strike tokenization deal
October 20, 2017
In an agreement with MasterCard, The Clearing House will provision and manage MasterCard-branded tokens on behalf of banks. The agreement paves the way for The…
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The whats and whys of EMV noncompliance at merchant-owned ATMs
by atm Atom — blogger, atmatom
If you are an IAD or ISO with processing agreements currently in force for independently owned, EMV-noncompliant ATM locations, the $64,000 chargeback question…
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