Transaction Processing News & Media
WorldRemit, Xpress Money partner on instant money transfer project
December 28, 2016
Digital money transfer service WorldRemit and global money transfer brand Xpress Money are partnering to open up new remittance routes to Jordan, according to…
read nowAdoption of ATM innovations will grow in 2017, Paragon predicts
December 27, 2016
Paragon Application Systems, a provider of independent testing services for the financial services industry, has published its prognostications on trends and…
read nowACI to support Europe's instant credit transfer scheme
December 19, 2016
ACI Worldwide has been named a frontrunner service provider for the pan-European EBA Single Euro Payments Area Instant Credit Transfer Scheme, due to go live…
read now42 pct. of card-present transactions worldwide now EMV-compliant
December 15, 2016
EMVCo, the technical body that manages EMV specifications, has published transaction data detailing year-over-year growth in the volume of card-present…
read nowAmEx chimes in with EMV delay at US fuel pumps
December 15, 2016
Visa, MasterCard, Discover … and now American Express has announced it will extend the effective date of its EMV fraud liability shift for U.S. fuel merchants…
read nowPayPal adds partnerships with Citi, FIS
December 15, 2016
PayPal has announced separate deals with Citi and Fidelity National Information Services as extensions of partnerships the company recent signed with Visa and…
read nowSavvi secures certification for UnionPay terminal integration testing
December 15, 2016
Savvi, the chip payment test platform from Fime, now supports the new certification process for terminal integration with China UnionPay.
read nowCash still king with mass transit riders
December 8, 2016
Cash is the prevalent method of payment for mass transit riders across the U.S. and is viewed as the most secure payment method, as well, according to new data…
read nowMasterCard to use AI for fraud detection
December 2, 2016
MasterCard has introduced Decision Intelligence, which the company described in a press release as a comprehensive decisioning and fraud detection service. The…
read nowPayment card acceptance sees sizable uptick in 2015
November 29, 2016
The number of card-accepting merchant outlets worldwide rose more than 7 million in 2015 to 54 million, according to "Global Payment Cards Data and Forecasts…
read nowRenovITe launches 'seamless' payments switch
November 29, 2016
RenovITe Technologies Inc., a payment products and solutions company, has launched a new switching product, the RenovITe Integrated Payment Processing System.
read nowJack Henry partners with Early Warning to peddle Zelle to FIs
November 29, 2016
Jack Henry & Associates Inc. and Early Warning have announced a strategic partnership that will see Jack Henry resell Early Warning's Zelle…
read nowSupreme Court dismisses Visa, MasterCard case against ATM independents
November 22, 2016
Before oral arguments had even begun, the United States Supreme Court last week dismissed a case brought by Visa and MasterCard raising the question whether…
read nowSupreme Court action allows ATM industry's antitrust case against Visa, MasterCard to proceed
November 22, 2016
The U.S. Supreme Court's dismissal of an appeal by Visa, MasterCard and big banks to block antitrust litigation against the global networks brings the ATM…
read now2016 sees a rapid uptick in mobile wallet uptake
November 22, 2016
According to recently released findings from the Capital One Wallet Survey, nearly one quarter (24 percent) of consumers are using mobile wallets in some…
read nowVantiv to close Kentucky call center
November 22, 2016
Vantiv, a provider of payment processing services and related technology products, has filed notice with the state of Kentucky that it will close its…
read nowIndian payments provider links with ACI to help banks, retailers
November 22, 2016
AGS Transact Technologies Ltd., an India-based end-to-end payment provider for the banking, retail and petroleum sectors, has announced a strategic alliance…
read nowIngo, Enacomm enhance instant check cashing with intelligent self-service
November 15, 2016
Users of the Ingo Money mobile check cashing service can now get answers to account and transaction questions using a new self-service system developed by…
read nowPayment processing, auto deposit providers unite under Alogent banner
November 15, 2016
Bluepoint Solutions and Alogent Corp., companies that merged earlier this year, have announced both are now operating under the Alogent name.
read nowIn the US, bankcard use to continue steady ascent through 2020
November 11, 2016
Credit, debit, and prepaid cards issued in the United States initiated 104.41 billion purchase transactions in 2015, up 8 percent from the previous year…
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