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Transaction Processing News & Media

SA ATM withdrawals weaken in July

August 8, 2013

ATM withdrawal activity in South Africa metered a decrease in July, pulling back from a holiday high in June. This according to the Spark Cash Index, which…

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GBC Int'l Bank adopts full complement of Fiserv solutions

August 6, 2013

Los Angeles-based GBC International Bank has opted for the Precision bank platform and outsourced processing from Fiserv, as well as an array of additional…

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Bringing order to the 'Wild West' of mobile financial services

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Regulatory oversight will be critical to consumer confidence in the adoption of ATM-mobile services.

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Security: Credit card fraud

by Robert Siciliano — speaker, IDTheftSecurity.com

Buying credit card numbers with high credit limits must be so much easier than going through the hassle of building good credit, applying for credit cards…

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Maine mulls proposal to ban use of EBT cards at some ATMs

August 1, 2013

The state of Maine has opened up a comment period until Aug. 30 for a proposed rule that would ban the use of electronic benefits transfer cards at ATMs in…

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eRG, ElectraCard to roll out contactless e-payment in West Africa

August 1, 2013

ElectraCard Services, a provider of software and processing solutions for e-payment systems, has partnered with e-Revenue Gateway, a payment processing and…

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Pulse debit/ATM network turns to Paydiant for mobile commerce solution

August 1, 2013

The debit/ATM network Pulse has enlisted Paydiant, a provider of a cloud-based mobile wallet and offer redemption platforms, to provide a mobile commerce…

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Paragon earns MasterCard EMV accreditation

August 1, 2013

Paragon Application Systems, an independent provider of ePayment testing solutions, has announced that it has completed the MasterCard Third-Party…

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ANZ Bank connects with un-, underbanked via Fiserv Mobiliti Reach

August 1, 2013

Australia and New Zealand Banking Group ($642.12 billion in assets) has launched goMoney mobile banking and payments in several nations in the Pacific. Powered…

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Debit fee cap set too high, U.S. district court judge rules

July 31, 2013

A judge for the U.S. District Court in the District of Columbia sided today with retailers who claimed that the Fed had set the debit transaction fee cap…

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BPC to launch national switch for Palestine Monetary Authority

July 31, 2013

BPC Banking Technologies has announced an agreement with the Palestine Monetary Authority to implement a national switch electronic payment system. The PMA is…

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NIB Bank calls on Euronet Pakistan for debit, prepaid card solutions

July 30, 2013

Euronet Pakistan and NIB Bank Ltd. have signed an agreement under which Euronet will provide outsourced services for the bank's MasterCard and Visa EMV debit…

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Update: The EMV common debit solution

Getting 4 AIDs into place (if that's what it comes down to) is going to take some skill.

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Investors Bank taps Fiserv for enterprise tech solution

July 29, 2013

Investors Bank, a Short Hills, N.J., community FI with $12.8 billion in assets, has chosen an enterprise-wide banking software solution from Fiserv. The system…

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Angola's ATM network tiny but growing

July 25, 2013

Angola's ATM network is poised for growth, with expectations that, within months, it will grow from the current average of 700,000 ATM transactions per day to…

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Burroughs adds imaging software to ATM sales, services

July 24, 2013

Burroughs Inc., a provider of payment systems-related technologies, has announced a new distribution deal with Jaguar Software Development Inc. Under the…

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Travelex re-ups ATM agreement with Cardtronics

July 24, 2013

London-based Travelex has awarded Cardtronics a long-term contract extension as exclusive manager of all U.S.-based Travelex ATMs. Cardtronics operates and…

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Gaining visibility where appliance-based instrumentation fails

by Marc Borbas — VP, Marketing, INETCO

Recently, INETCO announced that a large payment platform provider, Adquira Mexico S.A. de C.V selected the INETCO Insight application performance…

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Cyber crime the fastest growing threat to FIs

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

In the past, cyber terrorists have focused primarily on the largest financial institutions in the country. However, since criminals often follow the path of…

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ECS to enable fast ATM fleet expansion for AB Bank

July 23, 2013

ElectraCard Services, a provider of software solutions and processing services for electronic payment systems, has announced that AB Bank, the first private…

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