Transaction Processing News & Media
Co-op digital wallet to provide pay-anyone payments and global mobile access
December 5, 2013
Co-op Financial Services has introduced a new version of its Sprig digital wallet platform with new services from its long-standing business partner…
read nowLamborghini dealership accepts Bitcoin for car purchase
December 5, 2013
In what might lend a small bit of legitimacy to the controversial digital payment scheme, a Lamborghini dealership in Costa Mesa, Calif. announced yesterday…
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Obstacles still hinder speed and efficiency of payments system
by Terry Dooley — SVP & CIO, ITS, Inc
Federal Reserve Bank of Cleveland President Sandra Pianalto recently said the central bank, which handles more than "$3 trillion a day to pay for goods…
read nowFirst Data jettisons 500 jobs in Denver
December 4, 2013
Beleaguered payment processor First Data has eliminated more than 550 positions in its Denver office. The company has said that an unspecified number of Denver…
read nowATM emulation helps simplify EMV migration for Chilean FI
December 3, 2013
Like many South American FIs, Santiago, Chile-based Banco Falabella has begun the costly and complicated process of changing over its ATMs to the EMV chip…
read nowWorldPay achieves Discover EMV certification
December 3, 2013
Payments acquirer WorldPay US has successfully completed EMV certification requirements for the Discover network. This completes the company's certification…
read nowSoftware solution helps Fiserv plug into EMV
December 3, 2013
Aconite Smart EMV Manager, a software plug-in that equips existing card authorization systems to process EMV card transactions, has gone into production at…
read nowACI, VocaLink extend ATM managed service agreement to 2021
December 2, 2013
Florida-based electronic payment and banking systems provider ACI Worldwide and VocaLink, operator of the national payments infrastructure for the United…
read nowNCR pursues business transformation through acquisitions
December 2, 2013
One down, one to go: Late Monday afternoon, NCR Corp. announced a definitive agreement to acquire Digital Insight Corp., a provider of online and mobile…
read nowHitachi buys Indian ATM deployer, processor Prizm
December 2, 2013
Hitachi is taking a stake in the Indian ATM market with the acquisition of Prizm Payment Services, a provider of ATMs and ATM payment services. The…
read nowBitcoin, Robocoin ATM chalk up some ka-ching
December 2, 2013
It's been a big year for Bitcoin. The virtual currency got its first currency accepting/dispensing ATM just a little more than a month ago, and is now boasting…
read nowColumbus Data Services, Shazam strike ATM sharing agreement
December 2, 2013
Dallas-based ATM processor Columbus Data Services has begun processing transactions via the Johnston, Iowa-based Shazam Network, a full-service payments…
read nowPakistan's largest bank makes the switch to EMV
November 25, 2013
In a major step toward EMV migration in Pakistan, HBL, the country's largest bank, has started issuing EMV Visa debit cards. Technology provider TPS Pakistan…
read nowAlaric Authentic adds support for DB2, Microsoft SQL
November 21, 2013
Fraud prevention and payments solutions provider Alaric has updated its Authentic transaction processing solution, incorporating new features that include ATM…
read nowFirst Data posts Oct SpendTrend report
November 21, 2013
E-commerce and payment processing provider First Data Corp. has released its SpendTrend analysis for Oct.1, 2013 through Oct. 30, 2013 compared with Oct. 2…
read nowStudy: 250M cards will be used for contactless payments in 2014
November 20, 2013
Will consumers expect to make contactless transactions at the ATM sometime soon? A new report from Juniper Research seems to suggest that they might.
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Real-time payments expected to take hold by 2018
by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM
A recent ACI Worldwide survey asked 200 executives from commercial and retail FIs, credit card companies and technology providers for their opinions regarding…
read nowFirst Data, Oberthur partner up to support EMV in the US
November 19, 2013
Payment processor First Data Corp. and smart card solutions provider Oberthur Technologies have formed a partnership to manage and promote EMV in the United…
read nowFIS to provide tech platform for India's first women's bank
November 19, 2013
India is getting its first public sector FI dedicated to serving women's financial needs — the Bharatiya Mahila Bank Ltd. Under a multi-year agreement, FIS…
read nowNebraska's largest CU aims to get bigger faster
November 13, 2013
SAC Federal Credit Union of Bellevue, Neb., has grown its assets by an annual average rate of 16 percent over the last three years to become Nebraska's largest…
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