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Transaction Processing News & Media

Fime wins Discover accreditation for EMV testing in EMEA

June 16, 2015

The demand for D-PAS products is growing globally, Discover says.

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Report: Prepaid gaining favor as checking account alternative

June 16, 2015

Surcharge-free ATM access is a component of all four cards named 'Best Alternative Checking Account' in a new study by CardHub.

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Under the Milky Way tonight ...

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

How brightly do our systems shine today? How proudly do we stand beneath the overarching technology we rely on to compete in today's business world?

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Banks officially launch clearXchange real-time payments

June 15, 2015

Bank of America, Captial One, JPMorgan, US Bank and Wells Fargo own the network and will bring bank-to-bank payments to more than 100 million account holders.

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Forum answers FAQs about US common debit AIDs at ATMs

June 12, 2015

'Implementing EMV at the ATM: Requirements and Recommendations for the U.S. ATM Community' answers questions about US common debit AIDs.

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Fed to explain reasoning behind Durbin interchange fee calculation

June 12, 2015

US District Court Judge Richard Leon expressed pessimism that 'everyone could be happy' with the promised guidance.

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Visa confirms Collis EMV Personalization Validation Tool for US market

June 11, 2015

UL says that its confirmed Visa validation module includes global personalization requirements as well as specifications unique to Europe and the US.

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Study: EMV a $35B 'money pit' for merchants

June 5, 2015

A new report from research firm IHL says that an "EMV tax" imposes an unrealistic burden on retailers — and creates a mess for consumers.

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BPC, Russian bank partner on ATM support for visually impaired

June 5, 2015

Software voices all transaction processes in Russian or English, depending on choice. Sound support is also provided for the ATM keyboard.

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Chinese collaboration produces facial ID ATM for commercial use

June 2, 2015

The technology works alongside current PIN identification to add an extra layer of security to the ATM transaction, a report says.

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Minimize Threats with a Private Wireless Leased Line

Although wireless connectivity is increasingly being used to transmit personal and cardholder data, moving that data across the public internet can pose a host…

Presented by ATMmarketplace.com

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UL wins Discover approval for EMV personalization, payment test tools

May 28, 2015

The Collis EMV Personalization Validation Tool and Collis Brand Test Tool have met requirements for use on the Discover Global Network, UL says.

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PSCU to start members' EMV debit activations with First Data in June

May 27, 2015

The company said it is the first CUSO certified to issue its members EMV-enabled debit cards for the First Data Debit Solutions platform.

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Collis, Aspects test tools to take on UL branding

May 27, 2015

The products themselves will remain the same; foreseeable aesthetic changes will include packaging, GUIs, user manuals and promotional material, UL said.

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Mobey Forum seeks to help FIs understand mobile options

May 26, 2015

A white paper by the forum analyzes the impact of the secure element and the role of third parties, as well as current acceptance status and business models.

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Central Bank of Oman, FSS partner to create national payment gateway

May 26, 2015

OmanNet Payment Gateway will process national debit transactions and enable merchants in the sultanate to offer e-commerce services.

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TMG reports strong issuer enrollment in Apple Pay

May 21, 2015

The payment processor expects that 50 percent of its issuer clients will be signed up for the NFC payment solution by the end of the year.

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Torching mom and pop

With the major card schemes looking to offload up to $6B in annual card fraud beginning this year, the EMV risks to 'mom-and-pops' will grow exponentially.

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ATM cash limit for TANF recipients puts Kansas crosswise with Fed

May 21, 2015

The legislature will have shot itself in the foot if a daily ATM cash limit of $25 for welfare recipients costs the state $102 million in annual block grants.

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Authentic platform to power ATM, payments processing in Ukraine

May 21, 2015

Ukraine's largest independent payment processor will deploy Alaric Authentic software for payment services across central and eastern Europe.

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