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Transaction Processing News & Media

Russia's Uniastrum Bank goes end-to-end with BPC processing suite

July 3, 2013

E-payment solutions provider BPC Banking Technologies has announced that Moscow-based Uniastrum Bank has chosen the BPC SmartVista product suite as part of a…

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Monex currency conversion service now live in Portugal

July 1, 2013

Monex Financial Services announced that its Dynamic Currency Conversion solution is now live across the SIBS network of 14,000 ATMs throughout Portugal.

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FIs should consider outsourcing payments

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

To compete on product innovation and customer service, rather than simply on cost, financial institutions should seriously consider outsourcing their payments…

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PAI provides a payment processing option for gun-sellers

June 28, 2013

Recently, retailers who sell guns have been caught in the crossfire of an impassioned Second Amendment debate. And whether it's due to conscience or community…

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Study: TMG gauges FIs' EMV migration readiness

June 27, 2013

Payments processor The Members Group recently conducted a survey of its FI clients to help them benchmark their progress toward EMV migration. Only 37 percent…

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FIME authorized for SEPA host certification

June 27, 2013

Advanced secure-chip testing provider FIME has been authorized by the Open Standards for Cards Consortium to perform Single Euro Payments Area Host Acquirer…

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System crash? Well then, no cash!

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

When does an era end? When do we definitively state, once and for all, that a product or technology has moved beyond legacy and is essentially dead? For those…

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BPC Banking Technologies, Russia's Alfa-Bank pilot mobile NFC

June 26, 2013

BPC Banking Technologies, a provider of Open System e-payment solutions for the global financial industry, and Alfa-Bank, Russia's largest private bank, have…

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Swift Pay Systems rated as June's 'Top ATM Provider'

June 25, 2013

Independent research and rating firm topcreditcardprocessors.com has named Swift Pay Systems the best ATM provider in the payment processing industry for the…

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Operator of UK's Link ATM network branches out

June 25, 2013

VocaLink, operator of the U.K.'s national payments infrastructure, including the 65,000-ATM Link network, is branching out into mobile payments. A new company…

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Cards save everyone money ... apart from consumers!

by Ron Delnevo — Chairman, Cash and Card World

The vested interests that push for more card use — Visa and MasterCard — can afford to field a vast array of advocates.

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ICBC outage rattles China

June 24, 2013

Amid mounting anxiety about a potential "full-fledged crisis" over Chinese banking system liquidity, one of China's largest FIs, the Industrial and Commercial…

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From the 'You get what you pay for' file ...

June 24, 2013

An all-out ATM fee ban intended to encourage Nigerians to keep their cash in banks is having the opposite effect, according to a report by All Africa.

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Banco Sabadell launches mobile ATM withdrawal with an added benefit

June 24, 2013

Spanish FI Banco Sabadell has launched an "Instant Money" utility on its BS Mobile service that lets customers get cash using their mobile phones. With the…

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Threshold, Ficanex offer Canada-wide ATM Partner Program

June 24, 2013

Mississauga, Ontario-based Threshold Financial Technologies Inc., an ATM managed services provider, and Ficanex Ltd., manager of The Exchange Network, have…

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Diebold personalizes ATM experience for Thai banking customers

June 21, 2013

Thailand's Kasikornbank Public Company Ltd. is delivering a highly personalized consumer experience at the ATM with a new solution from Diebold Inc. The…

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What you need to know now about mobile money

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A review of 'Mobile Banking,' a free e-book from the Wharton School.

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Navigant CU sources DNA for account processing

June 20, 2013

Financial services technology provider Fiserv Inc. has announced that Smithfield, R.I.-based Navigant Credit Union will implement the DNA account processing…

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Premature evacuation?

by Marc Borbas — VP, Marketing, INETCO

Last week I participated in a webinar with Bernd Harzog, discussing new application performance management strategies for rapidly changing data center…

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3 strategies to help FIs survive in a mobile payments world

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

With mobile wallets providing potential opportunities to work just like credit and debit cards, many financial institutions are wondering, "Could we lose a…

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