Transaction Processing News & Media
Technavio projects global market for wearable smart devices to reach $35.6B by 2023
May 14, 2019
The global wearable electronics market is expected to post a CAGR of more than 15% to reach $35.67 billion by 2023, according to market research by Technavio.
read nowACI, BMO team to offer real-time B2C payments
May 14, 2019
ACI Worldwide Inc., a provider of real-time electronic payment and banking solutions, has announced that BMO Financial Group is using its BMO Payment Hub…
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San Francisco puts the kibosh on cashless retail, restaurants
by David Jones — Editor, Networld Media Group
San Francisco has become the latest city to say no to cashless retail and foodservice as advocates for vulnerable populations demand equal access to shopping…
read nowFSS receives honors for prepaid, online, alternative payment solutions
May 10, 2019
Financial Software and Systems Pvt. Ltd., a digital payment and financial technology company, has been recognized for excellence and leadership in cards and…
read nowRenovite announces senior appointments
May 10, 2019
Cloud specialist Renovite Technologies Inc. has announced the appointment of two senior product managers, Anton Godfrey and David Lock, who will work closely…
read nowCashless initiatives catching on in Japan
May 9, 2019
Japan is taking steps toward becoming a cashless society, with all transactions paid in cash expected to decline from 76.2% in 2018 to 71.4% in 2022, according…
read nowNacha, Faster Payments Council to partner in educational effort
May 9, 2019
Nacha, the nonprofit organization behind the ACH Network, and its Payments Innovation Alliance have announced a collaboration with the U.S. Faster Payments…
read nowInComm integrates prepaid cards with wearables
May 9, 2019
InComm Inc. an Atlanta-based payments firm, has announced the integration of its MyVanilla prepaid Mastercard with Fitbit Pay and Garmin Pay mobile wallet…
read nowCustomers in Dubai, Reykjavik opt for Fiserv AML solution
May 9, 2019
Fiserv Inc., a provider of financial services technology solutions, has announced that a payment scheme in the Middle East and a universal bank in Iceland have…
read nowJCB International, Viva Wallet enter joint licensing deal in Europe
May 7, 2019
JCB International Co. and Viva Wallet announced a joint licensing agreement that allows JCB payment cards to be used at the POS and online at 108,000 merchants…
read nowMastercard tests biometric cards in pilot with Mexican state benefits program
May 7, 2019
Mastercard and Edenred, a provider of payment solutions via mobile apps, online platforms and cards, have launched the first regional test of biometric card…
read nowUK to form committee on cash access amid ATM fee increases
May 3, 2019
The U.K. government has announced that it will form a committee to ensure Britons' continued free access to cash. A blog posted by the U.K. watchdog group…
read nowFacebook aims to introduce blockchain-based payments platform
May 3, 2019
Facebook Inc. has entered discussions with financial companies and online merchants in hopes of launching a blockchain-based payments system, according to a…
read nowCanadian banks tap into blockchain tech for secure ID
May 3, 2019
Verified.Me, the digital identity network of authentication solutions provider SecureKey Technologies Inc., is now available for customers of Canadian banks…
read nowATM deployer Euronet reports Q1 financial results
May 2, 2019
Euronet Worldwide Inc., an electronic payments provider, has reported consolidated year-over-year results for the Q1 2019 as follows (percentage on a constant…
read nowOman Arab Bank, NCR intro NFC, personalized transactions at ATMs
May 2, 2019
NCR Corp. has announced that Oman Arab Bank has become the first bank in Oman to deploy NFC contactless card-reading technology.
read nowTaxis at Dublin Airport get cashless payment option
May 2, 2019
The Taxi Alliance of Ireland entered an agreement with eComm Merchant Solutions, an Irish fintech, to equip cabs serving Dublin Airport with in-car payment…
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I only have cash — but for how much longer?
by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC
It looks like cash is putting up a fight after all. Should we be surprised?
read nowSainsbury's tests Scan, Pay and Go in London grocery
April 30, 2019
Sainsbury's has launched what is says is the first till-free grocery store in the U.K. at its Holborn Circus location in London, where customers can check out…
read nowVisa, Mastercard to lower EU merchant fees on transactions with non-EU cards
April 30, 2019
The European Commission has announced its acceptance of legally binding five-and-a-half year commitments from Mastercard and Visa to cut interregional…
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