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Transaction Processing News & Media

Report: Technologies and trends shaping walk-in bill payment

December 11, 2014

The report provides a perspective on walk-in bill payment market transactions, dollar volume, and revenue, and highlights changing trends.

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G&D signs on to Datacard smart card validation program

December 8, 2014

The program validates and tests G&D chips with Datacard personalization solutions to ensure accurate encoding.

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UL adds tokenization functionality to Collis Host Test Tool

December 8, 2014

To support implementation of cloud-based mobile payment solutions, UL has launched a host test tool for tokenization technology.

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Bebe Stores Inc. confirms payment card data breach

December 8, 2014

An undisclosed number of records was stolen from customers who used their bankcards at the retail chain's POS terminals between Nov. 8 and Nov. 26.

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Experian study forecasts rise in pre-EMV data breaches

December 5, 2014

It is more important than ever for companies to prepare for a data breach and stay ahead of the game, the company says.

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Merchant Financial Cyber Partnership outlines steps for securing the payments system

December 5, 2014

One of the major steps is an effort to urge Congress to pass cyberthreat information-sharing legislation, the organization says.

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EMV, encryption and tokenization: the payment fraud 'holy trinity'

Taken together, these three key pieces of security technology can ensure that the good guys continue to stay one step ahead of the fraudsters.

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Discover takes Visa to court over debit card practices

December 4, 2014

The company has filed a suit claiming that Visa engages in anticompetitive behavior by requiring issuers to use its services for both PIN and signature debit.

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Resumption of ATM fees drives Nigerians to other channels

December 4, 2014

ATM transaction has volume declined by approximately 9.6 percent since the reinstatement of charges, according to figures from the nation's central bank.

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The paper check: One step closer to extinction?

December 4, 2014

VerifyValid Mobile Checkbook lets businesses and consumers write, approve, sign, receive and deposit checks directly from their Android-based mobile device.

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Scotiabank Mexico adds DCC to 1,500-ATM network

December 3, 2014

International MasterCard cardholders can now instantly view, select and manage the conversion to their home currency of Mexican peso amounts dispensed at…

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KAL clocks fastest-ever ATM transaction times in German tests

December 2, 2014

In tests on machines from three major ATM makers, KAL achieved the fastest times ever recorded — beating even the manufacturers' own transaction times.

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Being prepared: A little extra cash helps!

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

Being prepared but having the wrong tools doesn't really count for much when trouble truly develops ...

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Co-op designated by Visa as 'engaged issuer-processor' for Apple Pay

November 25, 2014

The company says that, to date, it is the only CUSO authorized to facilitate the enrollment of credit unions in Apple Pay.

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12 months on, bitcoin ATMs are making money

November 21, 2014

Lamassu says that its Bitcoin ATMs have been paying off their initial investments short order, drawing $1,000–$3,000 in gross profits monthly.

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Vietnamese bank accelerates ATM network growth with FIS switch solution

November 21, 2014

Solving its scalability issues has allowed the bank to expand its ATM network by 100 machines in less than 90 days.

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Real time payments coming soon ... or not?

November 21, 2014

A new report from Mercator Advisory Group considers opportunities in real-time payments for US service vendors and financial institutions.

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HP study investigates trends in electronic payment methods

November 20, 2014

Of 634 IT professionals surveyed, nearly half said virtual currencies will be widely used within in five years, and that they eventually will overtake paper…

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Asia-Pacific takes over No. 1 spot as largest EFTPOS region

November 20, 2014

New research from London-based strategic research and consulting firm RBR shows that the installed base of EFTPOS terminals in the Asia-Pacific region expanded…

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Fed's controversial 'Choke Point' collars ATM processors

The government's Operation Choke Point initiative has put a stranglehold on many law-abiding businesses — including payment processors and pornographers.

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