Transaction Processing News & Media
ATMIA launches survey to determine next-gen ATM readiness
March 1, 2019
The ATM Industry Association has launched a brief survey whose goal is to determine the readiness of ATM deployers worldwide for its proposed next-gen API…
read nowWestern Union to sell Speedpay to ACI for $750M in cash
March 1, 2019
ACI Worldwide is buying Speedpay, a U.S. bill payment service, from Western Union for $750 million in cash, according to separate announcements from…
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Loose change: Time to lose the change?
by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC
In any marketplace where cash is present, it will always find a use. Culturally, historically and even pragmatically, there will continue to be times when we…
read nowSocure raises $30M in Series C funds to expand fraud prevention
February 28, 2019
Socure, a firm that specializes in AI-based identity verification and fraud prevention, has raised $30 million in Series C funding led by Scale Venture…
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Climbing out of a hole: Cardtronics Q4 and full-year earnings
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
Cardtronics completed the roll-off of its largest US retail ATM account last year and, with the 7-Eleven setback now history, the company is investing in a…
read nowPartners develop PIN-free ATM with authentication via facial ID, blockchain
February 28, 2019
Alhamrani Universal, the largest ATM provider in Saudi Arabia, has announced a partnership with ShoCard, a blockchain-based identity authentication platform…
read nowUS Payments Forum launches site to help merchants mulling contactless
February 28, 2019
Growing numbers of merchants are showing interest in enabling contactless payment for their customers; the U.S. Payments Forum has launched a…
read nowNets inks expanded payment agreements with Norwegian banks
February 28, 2019
Payments provider Nets has signed expanded contracts with Eika Gruppen, an alliance of 69 Norwegian banks, and DNB, Norway's largest bank, cementing the…
read nowFIS Code Connect named 'Most Advanced API Strategy'
February 26, 2019
FIS, a provider of financial services technology, has announced that its Code Connect application programming interface gateway has been named "Most Advanced…
read nowApple, Goldman Sachs to roll out credit card paired with iPhone
February 22, 2019
Apple Inc. and Goldman Sachs Group Inc. have announced plans to launch a joint credit card combined with an iPhone that gives customers the ability to manage…
read nowVenmo rolls out rainbow debit card
February 22, 2019
Venmo is rolling out a limited edition rainbow card, the latest addition to six colorful cards introduced last year.
read nowCorporate finance execs want more help from FIs to fight financial crime
February 22, 2019
Corporate treasury and finance professionals anticipate more operational challenges in 2019 than in previous years, according to a poll conducted by TD Bank at…
read nowATMIA throws support behind bans on cashless businesses
February 21, 2019
The ATM Industry Association has confirmed its support for efforts to ban cashless retail businesses in New York City, Philadelphia and Washington, D.C.
read nowContactless payments to drive global card spend to $45T by 2023
February 19, 2019
Payment cards were used for purchases with a value of $25.1 trillion worldwide in 2017, an increase of 13 percent from the prior year, according to the recent…
read nowMajor banks to waive ATM fees for California EBT cardholders
February 19, 2019
A coalition of California community groups and social service providers has announced that Bank of America, JPMorgan Chase, and Wells Fargo will now provide…
read nowAlogent grows mobile transaction volume 30 percent in 2018
February 15, 2019
Alogent, a provider of digital banking solutions for financial institutions, has said that transactions through the company's mobile solution grew 30 percent…
read nowPAI aids law enforcement in fight against ATM fraud
February 15, 2019
Payment Alliance International, the nation's largest privately held ATM provider, is collaborating with the United States Secret Service and local law…
read nowCSI core banking system attracts 23 new users in 2018
February 15, 2019
CSI, a provider of financial technology solutions, has announced that it signed 23 new banks to its core system during 2018.
read nowVisa card-present fraud sinks 80 percent in years since EMV migration
February 14, 2019
Visa has seen continued growth in the number of chip cards and chip-enabled merchants since the EMV liability shift in October 2015, the company said in a…
read nowKroger Pay app, debit rewards card due for spring rollout nationwide
February 14, 2019
Kroger Co., the Cincinnati-based supermarket chain, has announced the official launch of Kroger Pay, a smartphone-based system that combines the company's…
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