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Transaction Processing News & Media

TSYS, US Bank re-up agreement

July 10, 2015

Under the long-term agreement, TSYS will continue to support the FI's card payment services and acquiring business, the company says.

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Auriga marks growth in regional offices, revenues

July 8, 2015

The Italian company said that fiscal year 2014 produced 23 percent sales growth, helped by its success in securing significant international orders.

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WSFS Bank intros cardless cash withdrawal at branch ATMs

July 6, 2015

WSFS says it is the first FI in the region — and just the fourth in the nation — to offer an option for cardless cash withdrawal at its ATMs.

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SPA updates report on card authentication methods

July 6, 2015

The Smart Payment Association has revised its publication, "Strengthening Card Authentication: A migration to DDA," to reflect an evolving payment environment.

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PAI adds ATM fundraising functionality

July 6, 2015

Users of ATMs with Digital Donations functionality can make tax deductible donations to charitable causes along with their everyday transactions.

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Cardtronics acquires CDS

July 6, 2015

The $80 million deal brings Cardtronics a dedicated, purpose-built technology platform serving ATM deployers in the independent retail sector, the company says.

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Canadian consumers keen on credit cards

July 2, 2015

In the space of just one year, Canadians' preference for credit cards as a payment method spiked from 34 percent to 46 percent, a recent TSYS poll reveals.

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ANZ, CR2 partner to intro UnionPay acceptance at ATM, POS

July 1, 2015

Phase one of the project went live last month, making ANZ the first bank in the Southern Hemisphere to accept contactless and EMV-enabled UnionPay cards.

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UK FI turns to Authentic solution for improved payment operations

July 1, 2015

The Alaric platform supports triple-DES connectivity, an upgrade to the Link Information Security Standard, and improved device functionality, parent company…

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Legal tender? Time to reexamine the cost of cash

Cash has a cost for sure, but the real question is what price is a world without cash? The cost of ditching it could be a lot higher than many people realize.

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Aussie Senate to investigate 'infuriating' ATM fees

June 30, 2015

Members of Australia's Labor and Greens parties called for banks to justify the 'pure profit' they make by charging off-us fees.

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Hell's Bells — no more transaction fees!

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

Payments software giant ACI Worldwide has acknowledged that, in the future, users of licensed payments solutions won't look favorably upon vendors charging…

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ATM cash-outs drive up cross-border fraud on UK debit cards

June 26, 2015

Though the US ranks third in total cross-border transactions on UK cards, it ranks first in fraudulent cross-border transactions on those cards, FICO says.

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Walmart, Green Dot good to go for 5 more years

June 23, 2015

Green Dot Corp. and Green Dot Bank will continue to serve as issuer and program manager for Walmart MoneyCard reloadable debit card products.

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UL attains GlobalPlatform qualification for compliance test suite

June 22, 2015

GlobalPlatform is the cross-industry association that develops specs for secure, interoperable deployment of multiple embedded applications on a secure chip.

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Multiparty deal to allow Romanians to receive international remittances at ATMs

June 19, 2015

Maestro and MasterCard cardholders in Romania will be able to withdraw funds sent via Western Union at more than 900 Banca Transilvania ATMs.

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World's 10th biggest bank experimenting with blockchain

June 19, 2015

Santander, the 10th largest bank in the world, is currently experimenting with blockchain to see how it might be used to improve banking.

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The Bitcoin ATM: An objective view

The new 'Bitcoin ATMs 101' guide from ATM Marketplace cuts to the chase on the risks and rewards of mixing traditional and virtual currencies at the ATM.

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'Bank-in-a-box' hosted solution streamlines launch plans for Indian FI

June 17, 2015

Chennai-based FSS says it will provide payments technology, hosted services and banking industry know-how to help facilitate the launch of IDFC Bank.

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Printec, Inetco team to deliver real-time data analytics to European FIs

June 16, 2015

In the 15 countries where it currently operates, Printec will serve as a licensed reseller of Inetco Analytics for retail banking channels.

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