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Transaction Processing News & Media

McGraw-Hill FCU, Co-op expand card processing relationship

August 21, 2014

The ATM and PIN debit processing agreement between the FCU and the California-based CUSO will broaden to include credit and signature debit services.

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India's banks discussing use of local languages on ATM receipts

August 21, 2014

English and Hindi - both of them official languages - are currently used, however local language users, especially in rural villages, often do not speak either.

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Quite the tale: Tying up loose ends

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

It came as a surprise to discover that a free-standing white-label ATM I was about to use had something strange going on — a highly conspicuous communications…

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Ascert adds EMV testing and certification capabilities to hosted services

August 20, 2014

The cloud-based solution aims to ease an expected testing and certification bottleneck as ATM liability shift deadlines approach.

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Global Payout bids to acquire prepaid-based mobile banking provider

August 19, 2014

Global Payout will purchase 100 percent of Maxie Mobile, a company that enables payments and ATM withdrawals from a prepaid mobile account.

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Will smart cards leapfrog mobile?

The ability to securely download apps to a consumer's smart card has been demonstrated. But why is this important to a market that is already moving toward…

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Supervalu the latest brand to report data breach

August 15, 2014

The company doesn't specify that PIN numbers were stolen, but refers to 'other numerical information' in the announcement that its POS system was compromised.

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First Data SpendTrend analysis: Credit cards tops in payments for July

August 12, 2014

The dominance of charge purchases reflects consumers' preference for credit when it comes to big ticket purchases like air travel and hotels.

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PayToo bridges mobile and ATM worlds with cardless cash access for the unbanked

by Nicole Troxell — Associate Editor, Networld Media Group

The company's mobile wallet, which combines telecom and payment services, is crossing over to the ATM market to provide card-free cash access at PayToo-enabled…

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Research: 'Preparing for 2015: The Year of the Liability Shift'

August 7, 2014

A new Mercator research note explores factors influencing the willingness, motivation and speed of payments players in implementing EMV technology.

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Check fraud solution detects suspicious activity using cross-channel analytics

August 7, 2014

Detection capabilities are based on the solution's integration with core systems, check processing systems, and even ATM image archives.

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US Bank ATMs enable donations to Red Cross wildfire relief effort

August 7, 2014

Donations will go directly to the Red Cross, which will use the funds to assist victims of wildfires in Oregon and Washington state.

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Who's on first and who will lead down the stretch ...

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

The 'Acquiring and Switching Vendor Comparison Report' by PayX International is about as good a summary as you'll find when it comes to comparing payment…

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CFPB study raises new concerns about ATM, debit overdrafts

August 1, 2014

Despite regulatory changes, the agency still frets about overdraft fees, saying they "should not be 'gotchas' when people use their debit cards."

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Cardtronics continues its upward course through Q2

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

With profits up 25 percent year-over-year, Cardtronics is looking like a company with plenty of blue sky ahead.

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TD Bank serves up a memorable, multichannel 'thank you' to customers

July 29, 2014

In addition to phone, online and branch giveaways, the FI created some spectacular surprises for selected customers at the 'automated thanking machine.'

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Study looks at opportunities for payments industry to migrate to digital payments

July 25, 2014

New research from Mercator presents case studies that illustrates best practices for transitioning into digital distribution.

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Russia retracts demand for massive security deposits from Visa, MasterCard

July 25, 2014

The government has dropped its requirement that the companies put up an estimated $2.9 billion in security deposits, but some restrictions still apply.

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Judge says retailer fee complaints vs. Visa, MasterCard can move forward

July 25, 2014

A US District Court judge has ruled that retailers who opted out of last year's settlement with Visa and MasterCard over surcharge fees may sue the card…

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Brazilian banks to improve availability of off-us ATMs

July 25, 2014

The new agreement among Brazilian FIs will improve ATM access for travelers attending the 2016 Olympics in Rio de Janiero.

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