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Transaction Processing News & Media

More than a few retailers playing catch-up in EMV card compliance

October 1, 2015

While the big retailers are compliant with the EMV credit card chip mandate hitting today, many retailers are playing catch-up, a new study reveals.

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CSI tokenization to support payments via Android Pay

September 30, 2015

Android tokenization capability means that CSI customers can now fully participate with the major mobile wallet schemes, the company says.

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98 percent of US cards forecast to be EMV-enabled by end of 2017

September 30, 2015

By the end of 2015, 60 percent of cards will have chips, compared with 30 percent in June, the Payments Security Task Force says.

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ATMIA Africa publishes retail payment trends study

September 28, 2015

The document serves as a starting point for understanding South Africa's rapidly growing retail payments market, the ATM industry trade group says.

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Security pros predict rise in mobile payment-related breaches

September 25, 2015

But it's not as if the expectation keeps cybersecurity experts themselves from making mobile payments, a new study finds.

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Aruba Bank, Euronet team up on EMV implementation

September 25, 2015

The new solution gives Aruba Bank full EMV acceptance functionality at its ATMs, and enables instant issuance for chip cards, Euronet says.

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Bankladeshi bank to adopt TSYS Prime 4 for card management

September 24, 2015

With the upgrade, Premier Bank will launch a PA-DSS compliant dual-currency card with Bangladeshi taka and U.S. dollar billing accounts.

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'Mobile Wallets 101': Your guide to the future of cardless transactions

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

FIs have an edge in a bid for mobile wallet loyalty due to their trusted provider status. For those that have been late to the party, now is the time to…

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Report: Aussie smartphone users forecast a cashless future

September 23, 2015

A new study by Australian bank Westpac reveals that consumers Down Under believe cash could be history by 2022.

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Federal Reserve Board announces enhancements to ACH service

September 23, 2015

The changes are intended to align the Fed's same-day ACH service with recent amendments to NACHA ACH operating rules.

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New mobile billpay service targets cash-preferred customers

September 23, 2015

PayNearMe says its new app makes it possible for everyone — including the unbanked — to enjoy the convenience of digital transactions.

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Partners complete successful pilot of CardFree Cash at ATMs

September 18, 2015

The Fiserv solution was piloted by VyStar Credit Union on selected ATMs operated by the FI's acquiring partner PAI.

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TSYS, Acquirer Systems offer 'streamlined approach' to EMV testing

September 18, 2015

The companies say that their new solution, Astrex, reduces both time and cost for EMV certification.

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Cardknox solution promises 'EMV in 24 Hours'

September 18, 2015

The company says it offers a simple solution to a complex problem, with a sandbox testing account, SDK and API, documentation, and a test terminal.

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PAI, NSGA collaborate on EMV payments switch solution

September 18, 2015

PAI will provide an EMV switch solution for members of the National Sporting Goods Association.

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Consumers want convenient, flexible, and simple ways to pay

September 15, 2015

Retailers who make the purchase process slow, arduous and inconvenient aren't going to score big with consumers in the near future.

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Samsung Pay: The mobile wallet winner?

by Will Hernandez — Editor, NetWorld Media Group

That's what one industry executive declared during the first day of the annual ATM & Mobile Innovation Summit in Washington, D.C.

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Payments players join funding round for blockchain tech provider

September 11, 2015

Blockchain company Chain has raised $30 million from major financial services players including Fiserv, Visa and Capital One.

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Android Pay officially arrives

September 10, 2015

Expect in-app payments support from Android Pay to roll out by the end of the year.

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Access One ATM, Genmega venture into charitable giving

September 9, 2015

The two companies have partnered to offer ATM cardholders the opportunity to make charitable donations at cash machines.

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