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Transaction Processing News & Media

VSoft intros flexible, comprehensive core platform

March 19, 2019

VSoft Corp., a provider of information and technology solutions for financial institutions, has launched Wings, a flexible, comprehensive core processing…

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FIS to buy Worldpay for $35B in cash and stock

March 18, 2019

FIS, a Jacksonville, Florida-based financial technology firm, has entered an agreement to buy Worldpay Inc. for $35 billion in stock and cash, creating one of…

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You're probably doing ATM outsourcing without realizing it … but are you doing it right?

Many financial institutions prefer to run their own ATMs — some, because they've always done it that way; others, because they believe they are best able to…

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Alipay, Barclaycard deal caters to Chinese tourists' mobile payments preference

March 15, 2019

Barclaycard, the processor of nearly half of all credit and debit card transactions in the U.K., has entered an agreement with China's Alipay that will allow…

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1.26B fingerprint sensors to ship in 2019

March 15, 2019

The consumer market is expected to reach approximately 1.26 billion fingerprint sensor shipments by the end of 2019, with a 10.3. percent 5-year CAGR increase.

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Euronet aims to raise more than $500M through offering of convertible notes

March 15, 2019

Electronic payments provider Euronet Worldwide Inc. has announced the pricing of its private offering of $500 million in aggregate principal amount of 0.7…

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Cardtronics to host March 27 Investor Day

March 15, 2019

Cardtronics PLC will host an Investor Day, Wednesday, March 27, at Nasdaq MarketSite in New York City. 

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Nets, Vipps partner on payments in Norway

March 14, 2019

Vipps, Norway's most popular payment app, and the Nets payment network, provider of the eFaktura invoicing solution, have entered an agreement that will…

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PayPal expands Instant Transfer program to include bank accounts

March 14, 2019

PayPal is rolling out a service initiative, called Instant Transfer, to banks. 

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India's ATM industry wins battle for interchange increase

March 13, 2019

National Payments Corp. of India has decided that Indian banks and white label deployers may implement an increase of between 1.5 rupees and 2 rupees ($0.01 to…

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FSS solution powers India's One Nation, One Card transit initiative

March 13, 2019

State Bank of India is partnering with Financial Software and Systems, a payment and fintech company, to implement a "One Nation, One Card" program meant to…

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NationalLink, Fiserv help merchants simplify smart safe cash management

March 12, 2019

NationalLink Inc., a provider of ATM and merchant acquirer services and products, has teamed with Fiserv Inc., a provider of financial services technology…

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Visa Europe to retain PWC, implement changes after 2018 UK disruption

March 11, 2019

Bank of England, the central bank of the U.K., has exercised its statutory authority to direct Visa Europe to fully implement changes recommended in an…

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Visa, PayActiv alliance offers employees pre-payday access to earned wages

March 8, 2019

Visa and  financial wellness fintech provider PayActiv, have teamed to provide early access to earned wages through the Visa Direct push payments platform…

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Atlanta's Mercedes-Benz stadium first in NFL, MLS to go cashless

March 6, 2019

Mercedes-Benz Stadium, home of the Atlanta Falcons and Atlanta United, and host of Super Bowl LIII last month, announced that it will go cashless, becoming the…

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Nebraska FI expands ATM footprint with Cardtronics branding deal

March 4, 2019

First National Bank of Omaha, a subsidiary of First National of Nebraska, has entered into an ATM branding partnership with Cardtronics. 

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Private equity firm acquires PAI, installs ATM industry vet as CEO

March 4, 2019

Further Global Capital Management, a private equity firm focused on the financial services industry, has announced the completion on Jan. 31 of its acquisition…

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Fed paper looks at ATM's influence in decisions about cash use

March 4, 2019

The Federal Reserve Bank of Atlanta has published How the ATM Affects the Way We Pay, a working paper that examines the influence of the ATM on consumers' use…

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UK consumer group says digital banking outages underscore need for cash

March 4, 2019

British banks experience an average of 1.2 IT or security failures daily that prevent customers from making payments, according to Which, a U.K. consumer…

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Kroger division Smith's to stop accepting Visa credit cards

March 1, 2019

Kroger has announced that its Smith's Food & Drug Stores division will no longer accept Visa credit card payments at the chain's 142 stores and 108 gas…

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