Transaction Processing News & Media
MoneyPass, FCTI team to provide surcharge-free ATMs at 7-Eleven stores
August 3, 2017
MoneyPass, the card processing network of Elan Financial Services, and FCTI Inc., an IAD, have reached a multiyear agreement for the MoneyPass Network to…
read nowFrance's Worldline to acquire First Data Baltic operations
July 28, 2017
Worldline, a Paris-based provider of payments and transactional services, has inked an agreement to purchase First Data operations in Lithuania, Latvia and…
read nowAllpoint ATM network adds Atlanta Kroger stores
July 28, 2017
Allpoint, the surcharge-free ATM network owned by Cardtronics, has announced the addition of approximately 125 Atlanta-area Kroger grocery stores.
read nowA 'summer snapshot' of EMV progress in the US
July 28, 2017
The U.S. Payments Forum has released a summer 2017 market snapshot with updates on the progress of EMV implementation in the United States.
read nowDoes cash still matter? Ask the people of Port Angeles
July 27, 2017
It's back to cash and checks for utilities payments in the city of Port Angeles, Washington, after the city shut down its card payment service to investigate a…
read nowFiji national switch to allow ATM access by benefits recipients
July 27, 2017
A national switch to be implemented in Fiji will allow the government to provide pension and welfare benefits via ATM cards, which recipients can use to…
read nowFaster Payments Task Force releases final report
July 25, 2017
Faster Payments Task Force Unveils Proposals and Sets 2020 Target
read nowOn a roll, PayPal announces expanded relationships with Citi, Chase
July 21, 2017
PayPal is stepping on its own press releases this week. On the heels of yesterday's press release saying that PayPal is joining the Visa network of client…
read nowMasterCard puts more stock into QR code mobile payments
July 20, 2017
MasterCard has outlined plans for greater choice in retail payments through the planned expansion of its QR-based programs, according to a press release.
read nowPayPal to issue Visa cards in Europe
July 20, 2017
Visa and PayPal have extended their strategic partnership to Europe.
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The war on plastic
by atm Atom — blogger, atmatom
Initially hailed as innovative, it appears that Visa's 'war on cash' is in reality a war on merchant profitability and customer payment choice. However, a 'war…
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With 'cashless challenge,' Visa puts its own interests ahead of consumers'
by Mike Lee — CEO of the ATM Industry Association, ATM Industry Association
Last Wednesday, Visa distributed a press release touting its "Cashless Challenge" campaign in the U.S.
read nowUrban FT snags iParse in deal to bolster mobile banking efforts
July 18, 2017
Urban FT has completed the acquisition of iParse LLC, an Oregon-based tech firm and holder of a number of mobile banking-related patents.
read nowMultinational payments collaborative sets up shop in Barcelona
July 18, 2017
Global Payments Inc., a provider of payment technology services, has partnered with CaixaBank, Visa, Samsung and the U.K.-based vehicle leasing company Arval…
read nowBlockchain tech wins big at FSS Payments Productathon
July 18, 2017
Indian payments and fintech provider FSS has announced the winners of the FSS Payments Productathon 2017.
read nowACI Worldwide expands operations in Romania
July 14, 2017
ACI Worldwide, a provider of real-time electronic payment and banking solutions, has opened a new, larger office in Timisoara, Romania.
read nowBLM Technologies re-ups with Silver Bullet
July 14, 2017
BLM Technologies Inc., a provider of IT solutions for the financial industry, has renewed a reseller relationship with Silver Bullet Technology that will allow…
read nowICC earns China UnionPay certification for EMV level 3 test suite
July 14, 2017
ICC Solutions has announced that its CUP level 3 test suite has been certified by China UnionPay on the ICCSimTMat test tool platform.
read nowAllpoint Network adds Rite Aid locations
July 11, 2017
Allpoint Network, a wholly owned subsidiary of Cardtronics, has announced the addition of selected Rite Aid Pharmacy locations in the Northeast, Mid-Atlantic…
read nowEvertec acquires Chile-based PayGroup
July 11, 2017
Evertec Inc. a Puerto Rico-based payment processor, has completed the acquisition of EFT Group S.A., commercially known as PayGroup. According to a press…
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