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Transaction Processing News & Media

KCB trades out piecemeal processing for integrated platform

May 30, 2014

Kenya Commercial Bank, one of the largest banks in the country with more than 150 branches, has launched a new in-house processing center built…

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Discover certifies FasTest solution for D-PAS issuer, acquirer testing

May 29, 2014

Discover has extended D-Payment Application qualification to the FasTest host testing solution from Paragon Application Systems, the company announced in a…

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All things working together: ATM systems testing for Windows 7 migration

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Webinar stresses the importance of advanced testing in rolling out an updated OS that works as expected.

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Mobile RDC catches on in Canada

May 28, 2014

Canadians have deposited more than 1 million checks via mobile phone since the Canadian Payments Association approved a rule last year allowing mobile remote…

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Cardless ATM tests underway

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

ATM innovation is an ongoing process and, of late, we’ve seen a number of new features come about as a result of developing technologies. Two examples are…

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Euronet finalizes purchase of HiFX

May 23, 2014

Electronic payments provider and distributor Euronet Worldwide Inc. has announced the completion of its acquisition of U.K.-based HiFX for approximately 14…

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Ascert, Cashware partner for end-to-end ATM transaction testing

May 21, 2014

California-based testing software provider Ascert and Madrid-based ATM application developer Cashware are partnering to offer a testing solution for all…

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MasterCard acquires India-based ElectraCard Services

May 19, 2014

MasterCard has entered into an agreement with Opus Software Solutions Pvt. Ltd. to acquire its subsidiary, ElectraCard Services Pvt. Ltd., a Pune, India-based…

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Cash is vital to disaster recovery: How IADs can help

by Mark Smith — VP of Financial Solutions, Kahuna ATM Solutions

I grew up in the Deep South where hurricanes are always worrisome this time of year. Everything heats up and the deluge begins — unpredictable, but certain.

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Ecuadoran bank expands services to banked, underbanked

May 13, 2014

As part of its “transaction migration project,” Ecuador’s Banco de Guayaquil is implementing 72 Opteva ATMs from Diebold Inc. with enhanced note acceptance and…

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Fed study spells out importance of cash to consumers

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A study of US consumer spending preferences reveals strong cash use across all incomes and age groups.

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Vantiv to acquire Mercury Payment Systems

May 12, 2014

Vantiv Inc., a provider of payment processing services and related technologies, has agreed to acquire Mercury Payment Systems LLC for $1.65 billion. Mercury…

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HP, BPC enter payments solution partnership

May 9, 2014

BPC Banking Technologies, a provider of open system payment solutions, has entered an agreement with HP under which HP will offer the BPC SmartVista payments…

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Another Aussie bank goes cardless at the ATM

May 2, 2014

Not to be outdone by its rival Commonwealth Bank of Australia, Westpac Australia has announced plans to launch cardless ATM capability. CommBank unveiled its…

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Deal grants T-Mobile customers fee-free access to Allpoint ATMs

May 1, 2014

Through an agreement with the Allpoint Network, T-Mobile customers who use their carrier's Mobile Money app and prepaid card will now have surcharge-free…

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Euronet reports strong Q1 earnings

April 30, 2014

Leawood, Kan.-based Euronet Worldwide Inc., an electronic payments provider, reported first quarter 2014 financial results yesterday. And the results were…

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Aussie bank's ATMs go cardless

April 30, 2014

Australia's Commonwealth Bank is adding a new feature to its mobile app that will enable cardless cash withdrawal at the bank's ATMs. The service will go live…

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UK retailers ready to depose King Cash, study says

April 29, 2014

A new study, "The Payments Landscape Benchmark," has determined that merchants in the U.K. are tired of spending 17.8 billion pounds ($30 billion) a year to…

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EMV Migration Forum offers third EMV 101 session

April 28, 2014

To help card issuing banks and merchants ready their organizations for the October 2015 fraud liability shift, the EMV Migration Forum is offering its next EMV…

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