Transaction Processing News & Media
Report: CNP fraud to balloon to $7B by 2020
May 9, 2016
Iovation, a provider of device intelligence for authentication and fraud prevention, has teamed with research and advisory firm Aite Group to release a new…
read nowCayan boasts EMV transactions that approach mag stripe speeds
May 9, 2016
Cayan, a provider of payment technologies, has announced that the proprietary ChipIQ technology built into its Genius platform is helping to speed up EMV…
read nowVocaLink, LINK ink 5-year ATM processing deal
May 5, 2016
VocaLink, the international payment systems provider, has signed a five-year agreement to provide exclusive processing for the LINK ATM network. The U.K.'s…
read nowEMV Migration Forum publishes testing, certification update
May 5, 2016
The EMV Migration Forum, a cross-industry body focused on supporting EMV chip implementation in the U.S., has published a revised version of its white paper…
read nowFIs rate well as providers of payment tech, but few are focused on it
May 5, 2016
A survey of more than 1,100 executives from leading banks, retailers and billing organizations across the Americas, APAC and EMEA has found that while 8…
read nowUL type approval program for mobile devices gets EMVCo OK
May 3, 2016
UL has announced that it is now able to provide official certification of mobile devices under new EMVCo requirements, according to a press release.
read nowCo-op, TMG investigate blockchain opportunities
May 2, 2016
Co-op Financial Services and TMG are commissioning a series of studies by Mercator Advisory Services on blockchain technology with the goal of educating credit…
read nowQuatrro wins Visa nod to provide global third-party processing
May 2, 2016
Bangladesh-based Quatrro Processing Services has received certification from Visa Inc to operate as a global VisaNet third-party processor. This will allow…
read nowUL Cloud-based Payments Test Suite wins MasterCard qualification
May 2, 2016
UL has extended its cloud-based payments test tool portfolio with a test suite to validate functional behavior of MasterCard cloud-based payment applications.
read nowUS Bank launches loyalty app pilot
April 29, 2016
U.S. Bank has launched Deal Local, a mobile app designed to help local businesses attract new customers and build loyalty with existing customers through deals…
read nowMasterCard joins Visa in effort to speed up EMV transactions
April 28, 2016
MasterCard has unveiled M/Chip Fast, an application based on the company's existing technology and intended to help speed EMV transactions and shoppers through…
read nowFraud prevention solutions saved FI clients $40M in 2015, TMG says
April 26, 2016
Fraud detection and prevention strategies implemented by payments processor TMG saved the credit union service organization's clients more than $40 million in…
read nowReport: Cross-border remittance market 'ripe for disruption'
April 25, 2016
Cross-border remittances are a big business: They totaled $582 billion in 2015; in 2016, they're expected to grow to $587 billion; and by 2020, says research…
read nowUS migration to EMV drives CNP fraud to alarming high
April 21, 2016
Forter, a provider of fraud prevention systems, has released the latest edition of its Global Fraud Attack Index. The publication reflects the full range of…
read nowWesTech intros check fraud detection featuring Parascript
April 19, 2016
The solution identifies counterfeit checks, finds CAR-LAR mismatches and protects against signature forgeries, the company says.
read nowCash crisis forces shutdown of Zimbabwean ATMs
April 15, 2016
The country is so short on hard currency that in order to initiate a cash withdrawal, bank customers must queue up and wait for someone else to make a cash…
read nowFSS to provide unified payment interface for major Indian banks
April 14, 2016
The company says that its UPI PSP solution allows FIs integrate multiple channels so that their customers can make P2P and merchant payments from their mobile…
read nowIn Europe, surging costs from ATM skimming, physical attacks
April 14, 2016
According to EAST's full-year 2015 report, card fraud carried out in non-EMV markets remains a huge headache for European issuers; locally, lower-tech card…
read nowReport: Digital transactions to reach $8T by 2020
April 13, 2016
Juniper said that the digital commerce market will see strong contributions from three key sectors — digital banking, remote digital goods and remote physical…
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