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Transaction Processing News & Media

Qatari FI taps TSYS for payment solutions platform

February 28, 2017

International Bank of Qatar has entered a licensing agreement for the TSYS Prime payment solutions platform, according to a press release.

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Visa expands QR code mobile payments to more countries

February 27, 2017

Visa has announced that mVisa, its QR-based payment service, is now live in India, Kenya and Rwanda, and will soon be available to merchants and consumers in…

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Consumers trust mobile wallet over merchant computer for data safekeeping

February 23, 2017

Consumers worldwide are more concerned about the safety of financial and payments information stored on a computer than about the same data stored in a mobile…

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Hitachi breach cited as source of major ATM malware attack in India

February 21, 2017

In late 2016, Indian media outlets widely reported an ATM malware attack that compromised between 3.2 million and 6.5 million debit cards from several of the…

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NCR, Bottomline collaborate on Faster Payments platform for smaller UK banks

February 7, 2017

Bottomline Technologies, a provider of payment processing solutions, has integrated Authentic into its Direct Faster Payment Service solution.

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Cord Financial Services acquires continental US assets from Sky Processing

February 7, 2017

Cord Financial Services, a provider of ATM solutions, has purchased the continental U.S. ATM assets of Sky Processing, according to a press release.

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Digital Donations, ATM operators partner to support Heart Month

February 7, 2017

Digital Donations Inc., a provider of an integrated technology that enables the solicitation of donations at ATMs and e-payment channels, has launched a…

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CU payments, core processing providers ink partnership agreement

February 1, 2017

Co-op Financial Services, a payments and financial technology company, is partnering with FedComp, a credit union core processing provider, to offer Co-op…

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Vantiv partners with CardFlight to offer EMV mPOS

January 30, 2017

CardFlight, a mobile point-of-sale technology provider, and Vantiv, a provider of payment processing services and related technology products for merchants and…

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PAI to shed merchant services, sharpen focus on ATM processing

January 19, 2017

Independent ATM operator Payment Alliance International and payment processor Clearent have entered into a definitive agreement under which Clearant will…

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FIs' spat over Link Network fees could end up costing consumers

January 19, 2017

A squabble over fees paid by Link Network member banks could result in financial institutions across the U.K. charging customers for cash withdrawals…

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First Data Integrated Solutions Group marks 'important new chapter of openness'

January 17, 2017

First Data is launching a First Data Integrated Solutions Group, a new business segment focused on expanded software developer tools for integration with First…

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Can rewards programs push mobile payments past the tipping point?

by Will Hernandez — Editor, NetWorld Media Group

Mobile payments have caught fire in Europe, where the technology is making inroads on cash. But they haven't made a dent in the US — yet. Does the m-payment…

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MOM ATM eases India's cash access issue

January 13, 2017

MoneyOnMobile Inc., a mobile payments technology and processing company, has launched "MOM ATM" in selected retail outlets across India to meet the growing…

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RS Software, Paragon Application Systems aim to meet demand for next-gen testing solutions

January 13, 2017

Paragon Application Systems, a provider testing solutions, has partnered with RS Software India Ltd., a provider of digital payment technology solutions, to…

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Contactless transaction benefits, security outlined in free resources from Smart Card Alliance

January 12, 2017

The Smart Card Alliance has developed new resources for U.S. merchants and issuers seeking information about contactless payments.

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Elavon certifies Cayan Genius Platform for EMV processing

January 4, 2017

Payment technology provider Cayan has attained EMV certification with payments processor Elavon, a global payments company and subsidiary of U.S. Bancorp.

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Mitek, American Cancer Society make collecting check donations a snap

January 4, 2017

The American Cancer Society has integrated Mitek Mobile Deposit and MiSnap technology into its mobile fundraising app for iOS and Android platforms.

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Is it time to punt paper receipts?

Inspiring frustration isn't the analog receipt's worst crime. It also suffers from inertia — static and unable to influence or mobilize customers.

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'Productathon' promises cash prizes for cashless payment concepts

January 3, 2017

Chennai, India-based FSS, a provider of payment and fintech solutions, has announced the FSS Payments Productathon, a payments-focused contest open to both…

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