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Transaction Processing News & Media

New card from Oberthur changes up CVC... literally

October 9, 2014

Oberthur Technologies says that it has developed a solution to card-not-present fraud — a payment card that generates a dynamic card verification code.

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Study: Prepaid travel card outlook and opportunities

October 9, 2014

A new report examines the methods and distribution channels used by issuers to get their products into the hands of consumers in this growing market.

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New best practices guide tackles ATM software security threats

October 9, 2014

The new ATMIA manual advises deployers on security governance; software operational policies; threats to ATM networks; payments security and more.

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Considerations for EMV migration at the ATM

The process of moving to EMV technology can seem overwhelming, but thorough planning, communication and coordination can help make the transition a success.

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Dynamic currency conversion goes live on 5,000 PAI ATMs

October 8, 2014

ATM Currency Exchange lets international travelers withdraw US dollars from an ATM and see the amount debited to their account in their home currency.

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CU24, MasterCard ink EMV licensing deal

October 8, 2014

The agreement allows CU24 to route EMV card transactions bearing the MasterCard U.S. common application identifier over its payments network.

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The long and 'cash-is-required' road …

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

The question remains, with Apple Pay fully implemented and consumers and merchants all engaged, will our need for cash be affected?

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Payments report predicts continued rise of noncash transactions

October 3, 2014

The rapid pace of growth and increasing regulatory pressure are key drivers in the transformation of payments processing, an RBS-Capgemini study concludes.

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ATM fees track higher for 8th straight year

September 29, 2014

Foreign fees are up 5 percent year-over-year, 23 percent over the past five years, Bankrate.com finds in its 2014 survey of major U.S. cities.

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Why the ATM Industry should embrace Apple Pay

The potential for interaction between the ATM and the device consumers see as key to their lifestyle — the smartphone — could increase the perceived value of…

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New guide caters to restaurateurs, retailers looking to boost income with ATMs

'How to Profit from ATMs: A Guide for Retailers and Restaurateurs' delivers 40 pages packed with essential information about the business of owning, operating…

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The ATM business isn’t an ATM

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

The notion among certain groups that ATMs are obsolete has been pervasive for many years. However, data suggests that the ATM and its industry are far from…

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Why isn't Argentina's ATM count growing faster?

September 19, 2014

A new report indicates that small-denomination banknotes might be making a big dent in the lifespan of the nation's ATMs.

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Discover grants D-PAS certification to Oberthur EMV platform

September 16, 2014

Certification clears the Cosmo RSA v5 platform for use throughout the Discover Global Network, which includes Discover, Diners Club International, Pulse, and…

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MoneyGram bolsters technology platforms with acquisition of Nexxo

September 16, 2014

MoneyGram will use Nexxo technology to expand its money transfer kiosk platform and broaden its service offerings for banks and credit unions.

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ATM & Mobile Innovation Summit addresses mobile wallet dilemma

by Will Hernandez — Editor, NetWorld Media Group

With literally hundreds of mobile wallets in the marketplace, how are FIs - not to mention consumers - supposed to settle on just one?

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Prepaid card use picks up in August, First Data reports

September 15, 2014

Vacations and back-to-school purchases spurred year-over-year growth of 6 percent in prepaid card use.

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India's ICICI Bank adds cardless cash withdrawal capability

September 12, 2014

The FI's customers can now send money to anyone in the country, even if the recipient doesn't have a bank account.

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In the US, it's a slow road to faster payments

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Based on its Faster Payments study, the Fed seems to be driving toward an overhaul of the US payments system, but stakeholders prefer a more incremental…

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Mercator announces free Viewpoint paper addressing Apple Pay, implications

September 11, 2014

'A Sleeping Giant Awakes: How Apple Pay Works and What it Means for Payments?' explains Apple Pay and explores what it means for the payments value chain.

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