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Transaction Processing News & Media

Huawei partners with WorldRemit to boost mobile money in Africa

July 11, 2017

Digital money transfer service WorldRemit and Huawei have announced a partnership to make WorldRemit's international money transfer service available to all…

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Visa turns to QR codes in Taiwan for mobile payments

July 6, 2017

Visa plans to introduce a new QR code-based mobile payments system in Taiwan, according to local reports.

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Vantiv bids to buy Worldpay for nearly $10B

July 6, 2017

According to multiple media reports, merchant acquirer Vantiv Inc. has agreed to buy U.K.-based processor Worldpay Group PLC for $9.9 billion.

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How elotes and tamales keep a cashless society at bay

by Will Hernandez — Editor, NetWorld Media Group

A Chicago neighborhood is one example of the many anomalies when it comes to the digital discussion and pushing mobile payments forward.

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Austrian festival's 4K attendees go cashless

July 4, 2017

Six Payment Services, a European cashless payments provider, enabled cashless payment at the recent Fifteen Seconds Festival, according to a press release.

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Partnership delivers self-service channelUnited kiosk

June 27, 2017

Source Technologies, a provider of integrated solutions for managing financial transactions and other secure business processes, has teamed with Zenmonics, a…

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Co-op welcomes 11 new ATM, payments processing clients

June 27, 2017

Co-op Financial Services has secured 11 new credit union agreements for its Co-op ATM and payments processing services, and now counts as clients 23 of the 2…

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Venmo challenges cash with proprietary mobile-based debit card

June 27, 2017

Venmo, the P2P payment app near and dear to every millennial's heart, is reportedly testing a prepaid debit card that would allow users to pay for goods and…

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Study: Banks lag with payments strategy

June 23, 2017

Eighty-seven percent of respondents to the American Bankers Association first-time payments survey indicated that their bank does not have a formal payments…

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PayPal to roll out instant account transfers for US customers

June 23, 2017

PayPal will soon make it possible for customers in the United States to transfer funds instantly to their bank account via a debit card linked to their PayPal…

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FIS launches test solution for real-time payments systems

June 22, 2017

FIS has introduced a test solution to help banks, payment service providers and clearing houses introduce and improve testing as they move to real-time…

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KAL launches open banking technology ahead of Europe’s PSD2 initiative

KAL, a world-leading provider of banking software, is delighted to announce the launch of its new open banking technology designed to help banks get ready for…

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Partnership merges check-cashing capability, bitcoin ATM functionality

June 20, 2017

First Bitcoin Capital Corp., a developer of digital currencies and blockchain technology, has teamed with Simple Automated Money Inc., a provider of automated…

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Online card spending to reach $6T by 2021

June 20, 2017

The value of e-commerce card payments made worldwide grew 26 percent during 2015 to reach $2.7 trillion. This represented 12 percent of all card expenditure…

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Are we there yet? Understanding the complexities of blockchain production

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

At this week's Blockchain and Digital Currency Conference in New York, blockchain project veterans explained why getting up and running with blockchain…

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Fiserv strikes cash deal to acquire Monitise

June 14, 2017

Fiserv Inc., a provider of financial services technology solutions, has reached agreement on the terms of a recommended cash offer to acquire Monitise PLC.

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Diebold, Samsung demo mobile-based biometric ID for cardless ATM transactions

June 13, 2017

Diebold Nixdorf and Samsung SDS America have partnered to demonstrate how integrating advanced mobile technology — such as facial recognition and the…

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TSYS introduces machine-learning platform to fight fraud

June 13, 2017

TSYS, in conjunction with Featurespace, has introduced TSYS Foresight Score with Featurespace.

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Financial industry foresees no letup in fraud, survey finds

June 13, 2017

Financial and payment professionals do not anticipate any respite from cyberfraud and cyberattacks in the near future, according to a recent survey conducted…

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NCR, Bahraini payments provider partner to enable transactions at the touch of a finger

May 31, 2017

Eazy Financial Services B.S.C., a Bahraini financial technology company, will introduce the region's first biometric payment network. The system, powered…

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