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Transaction Processing News & Media

ECS software to drive 5,000-ATM network for 20 Indonesian banks

September 12, 2013

ElectraCard Services, a provider of software and processing solutions for enterprise payment systems, has announced a 10-year, multi-million dollar agreement…

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First Data releases SpendTrend analysis for August

September 11, 2013

Payment processing company First Data Corp. has released its SpendTrend analysis for August 1-30, 2013 compared with the same period in, 2012. Dollar volume…

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ATM demand growing with gov't benefits card use in S Africa

September 11, 2013

The rising use of debit cards as a payment mechanism by the South African Social Security Agency has had a sizable impact on the country's ATM use and has…

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Piedmont Advantage CU expands Co-op partnership

September 10, 2013

Winston-Salem, N.C.-based Piedmont Advantage Credit Union has announced the addition of mobile services as well as debit and credit processing from the Co-op…

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MN CU network acquires transaction processor

September 9, 2013

MnIPC, a St. Paul, Minn.-based independent processing service for credit unions, has announced the completion of its purchase of ProDraft Services LLC, a North…

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Euronet's Ria intros online money transfer option

September 9, 2013

Ria Money Transfer, a division of Euronet Worldwide Inc., has launched RiaMoneyTransfer.com, the company's first consumer-facing digital product offering. The…

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The swipe fee ruling: What’s Plan ‘B’ for transaction routing?

by Terry Dooley — SVP & CIO, ITS, Inc

A U.S. District Court judge recently ruled that the Federal Reserve Board overstepped its authority in setting a 21 cent interchange fee cap on debit card…

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Bitcoin ATMs are looking legit

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

With installations coming up in Canada, are ATMs for the digital currency finally the real deal?

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The death of cash: just an urban myth?

It might depend on the ability of alternative payment methods to prove that they're just as convenient.

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Report adjusts NFC timeline

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

Whereas eMarketer once predicted that by 2015, U.S. consumers would spend $20 billion using their phones at the point of sale, it now projects mobile payments…

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JHA lands bids to provide outsourced processing for mid-tier banks

September 5, 2013

The Jack Henry Banking division of Jack Henry & Assoc. Inc., a provider of technology solutions and payment processing services primarily for the financial…

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ElectraCard to drive e-banking services for Cambodia's largest MFI

September 3, 2013

ElectraCard Services, a division of Opus Software Solutions providing software and processing solutions for e-payment systems, has been selected by…

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Auriga inaugurates new Paris office

September 3, 2013

Auriga, a European supplier of software and solutions for multichannel banking and mobile payments, has announced the opening of its second international…

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Topcreditcardprocessors.com names 10 'Best EMV compliance consultants' for Sept.

September 3, 2013

Topcreditcardprocessors.com has ranked the 10 best EMV compliance consulting firms for the month of September. Each month, the independent payment processor…

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LBS Financial CU opts for Co-op debit processing

September 3, 2013

Long Beach, Calif.-based LBS Financial Credit Union is combining its signature and PIN debit processing through Co-op Financial Services. The change will…

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Payroll cards are getting a bad rap

by Todd Nuttall — CEO of Better ATM Services, Better ATM Services

The debate over the use of GPRs for payroll is more hype than reality. What are we really talking about here?

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ATM Acquirers Alliance renamed to fit evolving payments world

August 30, 2013

The IPayments Forum and the ATM Industry Association have jointly announced the formation of the Integrated Payments Alliance, formerly known as the ATM…

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Slimline cashless ATM launches in Africa

August 28, 2013

South Africa's First National Bank has rolled out a Slimline ATM that delivers digital banking services to remote retail locations where business volume does…

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Co-op buys stake in financial services software firm

August 27, 2013

Co-op Financial Services is purchasing a minority stake in Finivation, a provider of systems integration and software development for credit unions and…

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BPC SmartVista reports successful NonStop tests

August 26, 2013

Just last week, BPC Banking Technologies announced the successful completion of performance and availability tests for SmartVista on the IBM Power Platform.

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