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Transaction Processing News & Media

Source Technologies intros mobile prestaging for personal teller machine

July 19, 2016

Source Technologies, a provider of integrated solutions for managing financial transactions, has enhanced its personal teller machine to include proximity…

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FIS, PAI to roll out of cardless cash access at retail ATMs nationwide

July 19, 2016

Fintech provider FIS and independent ATM deployer Payment Alliance International have announced a partnership that will allow consumers to withdraw cash from a…

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TSYS, Lloyds re-up card processing agreement

July 19, 2016

Lloyds Banking Group, a U.K.-based provider of retail banking services, has renewed its agreement with TSYS for processing of the bank's U.K. commercial card…

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Rapid shift in payment preferences more perception than reality, report says

July 14, 2016

While the U.S. has moved from paper payments to electronic payments over the last two decades, changes in consumer preferences have not been as sudden and…

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Early Warning adds big-name banks to real-time P2P network

July 14, 2016

Early Warning, a provider of real-time payments, authentication and risk mitigation, has announced that Capital One, Chase and Wells Fargo will offer real-time…

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Elan puts debit card management in cardholder hands

July 12, 2016

Elan Financial Services, a division of U.S. Bank and a provider of ATM and debit processing, has launched a suite of mobile service offerings that allow…

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Walmart Pay completes nationwide rollout as impressive returns roll in

by Will Hernandez — Editor, NetWorld Media Group

After months of staggered rollouts, the retailer's mobile wallet is now online at all of its 4,600-plus locations across the country — and boasting a repeat…

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The best of June at ATM Marketplace

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Summer is here, which means it's time to chill, grill — and get into high gear on making ready for the fast-approaching deadline for EMV, a subject touched on…

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MasterCard blesses UL EMV tool for CPV testing against 9.2 spec

July 5, 2016

UL has announced that its UL EMV card personalization validation tool is ready for testing of both contact and contactless payment cards according to the…

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EMV liability shifts: A backward stampede by the networks? [Corrected]

As retailers file suit and legislators fire off letters of inquiry, the card brands seem to be mitigating the harsher aspects of their liability shifts. Could…

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VirtualATM trims time required for ATM transaction testing

June 30, 2016

Paragon Application Systems, a testing services provider for the financial services industry, has introduced VirtualATM, a simulator designed to replace…

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Hardware group allies with PAI for processing, payment services

June 28, 2016

The North American Retail Hardware Association and Payment Alliance International, a provider of ATMs and payment-related services, have formed a partnership…

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The terrible toll of going cashless

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

On a recent road trip, ATM Marketplace blogger Richard Buckle recently discovered that not carrying cash can get very, very expensive.

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FI multiplies customer touch points with branded mobile wallet

June 28, 2016

Prairie Cloudware, a provider of omnichannel digital payments services, has implemented its Digital Payments Guardian mobile wallet on behalf of an unnamed…

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Y-Labs Marketplace helps FIs develop next-gen payments apps

June 27, 2016

Yantra Financial Technologies, a company that designs, develops and manages e-payment systems, has launched Y-Labs Marketplace to help banks rapidly introduce…

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Payments players search for the power within the blockchain

June 27, 2016

Credit union service organizations TMG and Co-op Financial Services have teamed with research and consulting firm Mercator Advisory Group in a venture to…

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Discover joins major card brands with Quick Chip offering

June 24, 2016

Discover has followed the rollout of Visa, MasterCard and American Express Quick Chip programs with its release of Discover Quick Chip. The technology…

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Chase teams with BofA, US Bank for real-time P2P transfers

June 24, 2016

Customers of Chase can now conduct real-time funds transfers with customers of Bank of America and U.S. Bank using Chase QuickPay.

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On the hot seat, networks streamline EMV cert, soften chargeback rules

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Lawsuits, lawmakers and loads of complaints about improper chargebacks seem to have spurred AmEx, MasterCard and Visa to ease up a little on the penalties for…

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Fime achieves UnionPay card manufacturer certification

June 23, 2016

Fime has announced that its French and Taiwanese test laboratories have become the first international centers to be accredited by UnionPay to perform card…

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