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Transaction Processing News & Media

A big transaction to process: First Data to acquire CardConnect

May 31, 2017

Transaction processing and payment solutions providers First Data and CardConnect Corp., have entered into a definitive merger agreement under which First Data…

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Brits expected to choose debit over cash by 2018

May 30, 2017

Rapid growth in the use of contactless cards means that cash will be overtaken as Britain's most frequently used payment method by the end of 2018, according…

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No relief for NAC in ATM access fee lawsuit

May 30, 2017

This week, a D.C. federal court denied a motion by the National ATM Council to enjoin Visa and MasterCard from enforcing ATM fee rules over the companies…

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Contactless retail payments to top $1T worldwide by 2019

May 23, 2017

New data from fintech analysts at Juniper Research forecasts that the global value of contactless transactions made via payment cards, mobile devices and…

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OpenWay rolls out multicurrency pricing solution for global acquirers

May 23, 2017

OpenWay, a provider of software for bankcard acquiring and issuing, digital banking, omnichannel payments and e-commerce gateways, has launched multicurrency…

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Payment card use sees double-digit global growth in 2016

May 19, 2017

Global card purchase volume for goods and services (excluding cash advances on credit cards and cash withdrawals on debit cards), grew 5.8 percent to $20.60…

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Digiliti, Cubus to deliver mobile RDC solution for CUs

May 19, 2017

Fintech provider Digiliti Money Inc. and Cubus Solutions, a provider of online banking solutions for credit unions, have partnered to add mobile remote deposit…

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Clearant intros Quick Chip solution for faster EMV processing

May 19, 2017

Payment processor Clearent has launched Quick Chip technology for EMV, a solution that significantly speeds up chip card transactions to make them just as fast…

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Puloon USA announces CDS certification

May 18, 2017

Puloon ATMs USA has announced that its Sirius I and Sirius II ATMs have been certified for processing with Columbus Data Services.

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WorldRemit grows US footprint to 47 states

May 16, 2017

WorldRemit is expanding its service in the U.S. to allow 40 million migrants living in the states to send money directly from their mobile phone to the mobile…

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Millennials likely to bail on banks, card companies in case of false declines

May 12, 2017

Iovation, a provider of device-based consumer authentication and fraud prevention solutions, has released findings from its study of the effects of false…

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Aussie gaming clubs sidestep ATM limits with eftpos cash-outs

May 12, 2017

Macau isn't the only place with a gambling problem. Authorities in the Australian capital of Canberra are also wrestling with issues at "pokies," that is…

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Standardized mobile QR codes streamline Thailand's quest to go cashless

May 12, 2017

MasterCard, UnionPay International and Visa have introduced a standardized quick response code for payments in Thailand, accelerating the country's transition…

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First Data, Alipay strike mobile payments deal

May 9, 2017

Hot on the heels of last week's announcement by ACI Worldwide, First Data has announced that it, too, is expanding its relationship with Alipay. According to a…

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ACI Worldwide expands relationship with Alipay

May 5, 2017

ACI Worldwide, a global provider of real-time electronic payment and banking products, has expanded its relationship with Alipay to enable merchants across…

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FIME lays claim to largest network of EMVCo accredited labs

April 28, 2017

FIME has that, with the addition of four new accreditations, six of its laboratories around the world are approved by EMVCo to perform Level 1 tests on payment…

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Euronet weathers India's ATM woes, keeps revenue growth going

April 27, 2017

IAD and electronic payments provider Euronet Worldwide Inc. reported first quarter 2017 financial results on Tuesday.

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Entrust Datacard lends its voice to PCI Security Standards Council

April 27, 2017

Entrust Datacard, a provider of trusted identity and secure transaction technology solutions, has joined the PCI Security Standards Council as a Participating…

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Wal-Mart links with Amex Bluebird for mobile funds transfer

April 27, 2017

Walmart and American Express have introduced a new service that will enable Bluebird prepaid debit cardholders to to digitally send money for cash pickup at…

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Why consumers still love cash

by atm Atom — blogger, atmatom

With so many "more convenient" options available, why do people continue to rely on hard currency?

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