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Transaction Processing News & Media

CardConnect P2PE solution gains PCI SSC validation

May 21, 2015

The creator of CardSecure says that widespread adoption of point-to-point encryption is a necessary step in stopping malicious card data hackers.

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The FI’s opportunity in a mobile payments world

As mobile banking and payments converge, financial institutions have the benefit of one critical advantage over non-FI competitors: customer trust.

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Corporate prepaid cards to benefit from real-time transaction visibility

May 19, 2015

Mexico's Edenred has implemented Inetco Insight to monitor performance of transactions on prepaid cards used for corporate benefits, expenses and incentives.

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5 ways to boost your ATM revenue

True, interchange rates are beyond an the control of IADs. But those who focus on factors that are within their control have the opportunity to grow their…

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Compass Plus expands business in UK, Europe

May 13, 2015

The software vendor says it has purchased a building in the UK to house a data center that will facilitate its expanding service to FIs across the globe.

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Global Payments, AmEx roll out OptBlue in Canada

May 13, 2015

The program provides one settlement process and one point of contact for all major card brands, including American Express.

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Position paper champions the right to choose cash

May 11, 2015

'It boils down to giving consumers the economic freedom of choice expected in all self-respecting free economies,' ATMIA CEO says.

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Government proposal would let Danish retailers reject cash payment

May 11, 2015

The measure would save retailers considerable expense related to cash-handling and security, the government claims.

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Does virtual currency's past dictate its future?

An excerpt from opening remarks by Networld Media Group Publisher Tom Harper at the first annual Virtual Currency Today Summit in Boston.

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Authentic payment platform update touts integration, ease, security

May 7, 2015

The latest version of the EFT processing solution adds features and enhancements to further improve usability and flexibility, NCR says.

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Indian payments players march forward on EMV transition

May 7, 2015

EMV processing infrastructure is in place and banks have been instructed to issue only chip-based cards beginning Sept. 1.

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Alaska USA FCU, FIS partner on payment initiatives

April 24, 2015

FIS will provide ATM driving, EFT processing, card production, and a number of related services.

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Datablink solution validates a transaction before it's a done deal

April 23, 2015

The Datablink 200 Mobile app allows credit and debit card providers to validate and confirm transactions instantly — before they are completed.

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Early Warning, NCR partner on bank-to-bank good funds network

April 23, 2015

The project will allow consumers to enjoy safe, secure, and fast transactions across every touch point for their banking or purchases, NCR says.

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Robocoin rolls out Romit cash remittance app

April 23, 2015

The company will exit the Bitcoin ATM business in order to focus on implementation of Romit software, which enables ATMs, kiosks and human cashiers to send…

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Celebrating 21 Years in Payments Testing and Still Getting “Carded”

Independent ePayment Testing Solutions Provider Paragon Application Systems Celebrates 21 Years in Business

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FIME aligns terminal integration services, tools to new MasterCard M-TIP 2.0 spec

April 21, 2015

Following its terminal integration process update, the company says it can now accommodate testing for contact, contactless and dual-interface scenarios.

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'A minimal portion of the actual damages incurred'

April 21, 2015

Through their court-appointed lead counsel, FIs are lambasting the proposed $19 million settlement agreed upon by MasterCard and Target.

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Is your bank missing the payoffs of surcharge-free ATMs?

Fees are the No. 1 reason why consumers change FIs, and ATM fees are especially despised. Here are two ways to cut ATM fees and encourage consumer stickiness.

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RBI mulls interoperability for cash-accepting ATMs

April 17, 2015

Such a move would allow accountholders to deposit cash at any bank's deposit-taking machine and have it credited to their home bank account.

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