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Transaction Processing News & Media

UL OK'd by Diners Club for contact, cardless E2E terminal certification

April 11, 2016

UL can now guide organizations that accept Diners Club cards through the payment terminal end-to-end certification process, ensuring global interoperability of…

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Pivotal taps Tango for in-house payment processing

April 7, 2016

The Lusis product gives Pivotal an advanced system for acquiring, routing, switching, authenticating and authorizing transactions across multiple channels, the…

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ACI, PayNearMe partner on mobile cash tax payments

April 7, 2016

Consumers can make a tax cash payment at a participating 7-Eleven after they scan a PayNearMe barcode.

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Survey: M-wallets powered by differing technologies will coexist in the future

April 6, 2016

However, market consolidation within the next two to three years will reduce their numbers, according to a new report on trends in the global payments…

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AEVI, EVO partner on payment processing in Europe

April 5, 2016

AEVI's patent processing system will become part of EVO's offering to merchants, banks and independent ATM deployers.

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Chase rethinks ATM cash limits for noncustomer withdrawals

April 4, 2016

After upping its per-transaction limit to $1,000, the FI saw some eyebrow-raising cash withdrawal amounts from noncustomers.

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EMVCo intros 'payment account reference' to link tokens, accounts

March 29, 2016

PAR can enhance security by limiting references to a cardholder's primary account number within the payment ecosystem, the standards organization says.

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The benefits of putting a business lens on ATM big data

For an ATM operator concerned about profitability and the end-user experience, big data is a goldmine — if they can tap into it in a timely, cost-effective way.

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UL tool for EMV personalization validation earns AmEx qualification

March 28, 2016

UL says that its EMV personalization validation tool enables testing for AEIPS and ExpressPay chip cards.

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UL adds mobile payment module to test tool

March 25, 2016

The UL Mobile Payments Module simulates the behavior of payment terminals with wallet features such as fingerprint ID, mobile PIN and payment card selection.

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SmartVista meets with stress test success on HPE Superdome X

March 17, 2016

In a transaction-switching simulation with 1 million card accounts, 100,000 POS terminals and 10,000 ATMs, the solution supported 3,800 TPS, or 13.8 million…

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Uber gives drivers faster access to funds with mobile checking account

March 17, 2016

The service is a customized version of Green Dot's GoBank.

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Transport for London and the hyping of contactless payments

by Ron Delnevo — Chairman, Cash and Card World

Despite the hype, the reality is that contactless payments last year accounted for less than 3 percent of all Transport for London journeys. That's how much…

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Use of e-payments adds $300B to GDP of 70 nations, Visa says

March 10, 2016

The study does note that expanding electronic payments alone will not necessarily increase prosperity — well-developed financial systems and healthy economies…

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Payments go 'Hands Free' with Google app

by Will Hernandez — Editor, NetWorld Media Group

The company is testing a cash-free payment method that lets users make and confirm purchases without reaching for a payment card — or even a smartphone.

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Orbograph wraps up successful test of cloud-based validation solution

March 8, 2016

Working with partner Digital Check, the company demonstrated that its OrboAnywhere interface methodology really does live up to its name.

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US Bank among first to go live on clearXchange with real-time payments

March 4, 2016

U.S. Bank is one of five banks that own the clearXchange network.

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PIN4 aims to turn US ATMs into cardless 'mobile money terminals'

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The Europe-based open cardless cash network provides real-time cardless cash withdrawals at any enabled ATM, the company's US CEO says.

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ATMs and mobile wallets: Bumping down the road to ubiquity

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In a pre-conference workshop at ATMIA 2016, a small army of experts offered an overview of brand-name mobile wallets and the problems the industry must solve…

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Digital Check intros new image enhancement software for ATMs

March 2, 2016

New Clear Inline software automatically recognizes difficult-to-scan checks and money orders and re-renders them into legible images while the transaction is…

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