Transaction Processing News & Media
PAI enables donations at ATMs in response to Hurricane Harvey
September 8, 2017
Payment Alliance International has joined the Hurricane Harvey relief effort through the company's network of ATMs and the Digital Donations charitable…
read nowAussie partners aim to offer 2-way bitcoin transactions at traditional ATMs
September 8, 2017
DigitalX Ltd., and Stargroup Ltd. have inked joint venture agreement to provide a two-way ATM solution for buying and selling bitcoin.
read nowU.S. Bank harnesses power of Alexa for everyday banking transactions
September 7, 2017
U.S. Bank customers can now check an account balance, make a payment on their U.S. Bank credit card and more, simply by speaking a command to an Amazon Alexa…
read nowFed publishes next steps for improving US payments system
September 7, 2017
The Federal Reserve has published Strategies for Improving the U.S. Payment System: Federal Reserve Next Steps in the Payments Improvement Journey. The paper…
read nowBarclaycard reflects on 10 years of contactless payments in the UK
September 5, 2017
Barclaycard marked the 10-year anniversary of launching contactless payments in the U.K. last week with figures that show how the technology has benefited…
read nowChina Union Pay seeks patent for blockchain-based ATM networking method
August 31, 2017
China Union Pay has developed a blockchain-based solution for networking ATMs and has now filed a patent application for the process with the People's Republic…
read nowCalifornia CU revs up CX with Accel real-time debit functionality
August 31, 2017
Golden 1 Credit Union, an FI with more than $11 billion in assets and 860,000 members, is implementing the Accel debit payments network from Fiserv Inc. to…
read nowHouston-area banks waive ATM fees in Hurricane Harvey's wake
August 29, 2017
As Level 4 Hurricane Harvey, now Tropical Storm Harvey, continues to dump epic amounts of rain on the greater Houston area, many banks in flood-ravaged areas…
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Madness in the midday sun: Time-to-cash is all that matters
by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC
It takes so many extra steps now to get cash from an ATM. The interrogation lasts for several screens as we are prompted for this and that. But at the height…
read nowBDO Unibank, Azimo Philippines partnership enables remittance cash pickup in minutes
August 25, 2017
Azimo, a provider of money transfer services, has extended its cash pickup service to enable customers in the Philippines to collect money minutes after a…
read nowCity Union Bank's Lakshmi robot promoted from greeter to customer cash custodian
August 24, 2017
Last November, City Union Bank introduced India's first banking robot, Lakshmi, who greets customers entering the branch and answered their questions.
read nowFiserv acquires real-time payments platform with Dovetail purchase
August 22, 2017
Fiserv Inc., a provider of financial services technology solutions, has acquired Dovetail Group Ltd., a provider of bank payments and liquidity management…
read nowCayan Genius gains wins card certification with Worldpay
August 17, 2017
Payments technology company Cayan has achieved chip card certification with Worldpay US, a provider of payments processing technology and solutions. Cayan's…
read nowCash use in Canada expected to fall 70 percent by 2030
August 15, 2017
By 2030, cash will account for only 10 percent of purchases in Canada, according to a prediction by Moneris Solutions Corp., a Canadian card processor. This…
read nowUS debit card fraud down 28 percent in year following EMV rollout
August 15, 2017
In the time since the fraud liability shift for most debit transactions in October 2015, an estimated 80 percent of U.S. debit cards have been converted to…
read nowWalmart leaps ahead of Amazon with Scan & Go
August 11, 2017
Walmart is getting the jump on Amazon to make checkout lanes obsolete as the world's largest retailer is rolling out a mobile app that enables to scan and pay…
read nowVantiv, Worldpay reach merger agreement
August 9, 2017
The boards of directors of Vantiv Inc. and Worldpay Group PLC have reached agreement on the terms of a recommended merger of Worldpay with Vantiv and its…
read nowMonitise board recommends acceptance of Fiserv acquisition terms
August 8, 2017
The boards of Fiserv UK Ltd. and Monitise PLC have agreed to the terms of an increased and final recommended cash offer for Monitise.
read nowFSS boosts data security with PCI DSS certification
August 4, 2017
Chennai, India-based FSS, a payments and fintech provider, has completed a PCI audit of its FSS NeT hosted payment services environment and received…
read nowB2 intros mag stripe card simulator for fleet, loyalty, gift cards
August 3, 2017
B2 Payment Solutions Inc., a provider of products and services for the payment industry, has announced the B2 Magstripe Card Simulator, a software application…
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