Transaction Processing News & Media
Visa US-based chip transactions top 1B in March
April 25, 2017
In March, the number of U.S. consumer transactions on Visa chip cards topped 1 billion for the first time. The new statistic represents an increase of 33…
read nowACI rolls out real-time payments scheme for US banks
April 25, 2017
Banking and payments solutions provider ACI Worldwide is offering its UP Immediate Payments solution via a hosted cloud, providing financial institutions of…
read nowMasterCard tests biometric EMV card
April 21, 2017
MasterCard has unveiled what it is calling the "next generation biometric card," combining chip technology with biometrics to verify the cardholder's identity…
read nowPayza marries cash, e-commerce in Mexico
April 20, 2017
Payza, an online payments provider, has made the Mexican peso an available currency within its platform.
read nowUS ACH transaction volume sees 1.3B year-to-year growth
April 17, 2017
New statistics from NACHA-The Electronic Payments Association show that ACH transaction volume in 2015 grew to more than 24 billion electronic payments, an…
read nowStudy: Credit transaction amounts fall — along with cash use
April 14, 2017
Consumers are increasingly using credit cards to pay for small transactions, according to a new CreditCards.com survey.
read nowMajor 'Pays' expected to attract 500M users by 2021
April 14, 2017
New data from fintech analysts at Juniper Research projects that the number of OEM-Pay contactless users — including Apple Pay, Samsung Pay, and Android Pay …
read nowACI to provide fraud protection solutions to Panama-based payments provider
April 14, 2017
ADSI, a banking IT services and fraud protection provider operating in South America, the Caribbean and Central America, has selected real-time electronic…
read nowUK competition authority OKs MasterCard-VocaLink deal
April 13, 2017
The U.K. Competition and Markets Authority has cleared the way for completion of the planned acquisition by MasterCard of London-based VocaLink Holdings Ltd.…
read nowFSS supports India's cashless payment initiative with card-free solution
April 10, 2017
FSS, a Chennai, India-based provider of ATM and payments services, has launched FSS Aadhaar Pay to support the digital payment initiatives of the Indian…
read nowFIs in western US a bit foggy on Fed's Faster Payments initiative
April 7, 2017
A survey of 430 financial institutions in the western part of the U.S. revealed low awareness and adoption of faster payments products, according to a press…
read nowCo-op financial services acquires TMG, announces restructuring
April 4, 2017
Co-op Financial Services has acquired TMG and restructured its leadership, the credit union service organization announced on April 3.
read now
For mobile payments adoption, it's the same old story
by Will Hernandez — Editor, NetWorld Media Group
Mobile transactions have a long way to go before they overtake cash use in the US. A recent field test by the payments strategies group of the Boston Fed…
read nowPayments Canada enlists Accenture to help with payments system overhaul
March 28, 2017
Payments Canada has tapped Accenture to assist with a multiyear initiative to transform the systems and rules of Canada's payments ecosystem.
read nowAustralia's Stargroup reports ATM news, good and bad
March 21, 2017
Australia's Stargroup Ltd. recently announced that NeoICP Korea Inc., a private South Korean ATM manufacturer in which Stargroup owns an 11.28 percent…
read nowPaytm launches mobile bill-payment service in Canada
March 17, 2017
New Delhi-based Paytm, has launched its bill-payment service in Canada, making it the first Indian company to debut such a service in the Great White North.
read nowFirst Data to add PIN debit e-commerce with Acculynk acquisition
March 16, 2017
Payment technology solutions provider First Data has entered into an agreement to acquire Acculynk, a provider of e-commerce solutions for debit card…
read nowCUSO, CU association sign processing, call center pact
March 16, 2017
Credit union service organization PSCU and the MD-DC Credit Union Association have announced an agreement covering credit, debit and bill payment processing…
read nowATM withdrawals way down Down Under
March 14, 2017
Reserve Bank of Australia statistics released Monday show that ATM withdrawals have declined to the lowest level in 15 years and are falling at the fastest…
read nowCard payments continue to gain ground in UK
March 7, 2017
Brits spent 647 billion pounds ($853 billion) using payment cards last year compared with 620 billion in 2015, according to new data from the U.K. Cards…
read nowSubscribe
Get the latest news and resources from ATM Marketplace.
