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Transaction Processing News & Media

FIME expands in US to provide contactless testing services

September 9, 2015

The company plans to add capacity for end-to-end consulting and certification testing for EMV-ready mobile and contactless solutions.

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Contactless card use rising fast in the UK

September 3, 2015

Britons spent 2.5 billion pounds ($3.8 billion) using contactless cards in first half of 2015, exceeding the contactless total for all of 2014.

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G&D 'first' with Durbin-compliant EMV dual interface debit card

September 3, 2015

Convego Join supports both contact and contactless payments, and includes a range of U.S. debit EMV-certified products, G&D says.

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The 'Great Debate' about cash

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

At the ATM & Mobile Innovation Summit next week, panelists will argue for and against the death of money; the state of cash in the U.K. today offers talking…

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Study finds changes in prepaid card use, user demographics

September 3, 2015

New research from Mercator reveals that young, affluent, smartphone-carrying adults are behind much of the growth in prepaid cards.

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The chicken, the egg and the chip card

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Card issuers and merchants have engaged in a two-year standoff over who should be first with EMV. But a month from now, it'll be a moot point.

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Report offers practical guide to EMV debit transaction process

August 31, 2015

A report by Mercator follows the post-EMV routing of nine debit types from payment selection through authorization response.

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TMG completes in-market testing of EMV debit

August 27, 2015

The company has partnered with pilot clients across the US to issue and successfully test EMV debit cards in real-world merchant environments.

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Befuddled and confused about EMV

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

Those needing to update their infrastructure to support EMV might be befuddled and confused by chip and signature, but wrongdoers have it all figured out.

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Eval 4dev sends EMV Level 2 kernel testing to the cloud

August 25, 2015

Fime says its new solution allows development teams to check their work step by step, reducing the risk of failure in certification testing.

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Brunei bank taps Euronet for ATM-switch changeover

August 25, 2015

The ITM Payment Hub solution allows Brunei-based Perbadanan TAIB to manage a host of transaction functions from a single platform.

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7 mobile wallets that are shaking things up in payments

There are umpteen mobile wallets in the marketplace angling for customer loyalty (and marketing data). Here are seven contenders to keep an eye on.

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First Tech, MasterCard pilot puts selfies to the test

August 21, 2015

'Selfie Pay' will test the use of facial recognition and fingerprint ID for online credit and debit card purchases transacted via smartphone.

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Boston-area FI joins ATM cardless cash movement

August 20, 2015

Avidia Bank, a community FI serving suburban Boston, has partnered with FIS to offer QR code-based cardless cash access at its ATMs.

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Partnership ups the effectiveness of check fraud detection

August 20, 2015

IMM and Advanced Fraud Solutions say they are now able to provide almost real-time notification of potentially fraudulent check transactions.

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Capital Prepaid Visa card adds mobile RDC

August 19, 2015

Using a smartphone, cardholders can take a picture of a check and, if it's approved, load the funds to their card within minutes.

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Euronet aids Indonesian FI with chip card issuer-acquirer cert

August 17, 2015

Euronet and its local partner, PT Sigma Cipta Caraka, worked with Bank Antardaerah to implement support for chip card ATM and debit transactions.

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EMV solution offers workaround for complex certifications

August 17, 2015

Payment solutions provider OpenEdge says its systems are tested, certified and ready to process EMV transactions.

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DNA approves Fime chip card personalization validation service

August 17, 2015

The new DNA program confirms that EMV chip cards using the DNA Shared Debit AID and corresponding acceptance terminals comply with DNA requirements.

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Australian banks reportedly at odds with Apple over interchange

August 17, 2015

At the center of the debate is the $2 billion in interchange fees the banks make per year.

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