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Transaction Processing News & Media

Myanmar intros national switch

September 14, 2012

At last, Burmese not only have debit cards, but they also have a national switch that facilitates their use at any one of the ATMs of 17 Burmese banks. Cards…

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At the EMV crossroads

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

MasterCard's newly announced deadline for an ATM liability shift narrows deployer options.

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Midflorida Credit Union selects Acumen from Fiserv

September 13, 2012

Fiserv Inc., a provider of business-driven technology solutions for credit unions, announced today that Lakeland, Fla.-based Midflorida Credit Union has…

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Judge hears both sides in NAC v. Visa antitrust suit

DC judge hears motion-to-dismiss arguments in IADs' exchange fee-fixing lawsuit.

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Allpoint Network gains foothold in Canada

September 12, 2012

Allpoint Network, a Cardtronics Inc. affiliate and operator of a surcharge-free network comprising more than 50,000 ATMs, today announced that it has expanded…

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Diebold, Verizon Terremark team up on advanced data centers

September 12, 2012

Diebold Inc. today announced the addition of two data centers located within Verizon Terremark facilities in Richardson, Texas, and Manassas, Va. Strategically…

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Swipe fee settlement far from settled

September 11, 2012

The National Retail Federation today announced that its board of directors has authorized the federation to go to court to block the $7.25 billion proposed…

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MasterCard announces new EMV liability shift deadline for ATMs

September 11, 2012

MasterCard has announced the expansion of its U.S. electronic payments roadmap to include the ATM channel. Beginning in October 2016, a liability shift…

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Will UK banks break the ATM LINK?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Can the UK's LINK ATM network survive if a large part of the population isn't allowed to use it?

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Cardholders again affected by FNB outage

September 10, 2012

Customers of South Africa's First National Bank once more have found themselves unable to use their payment cards due to a computer glitch at the bank.

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Diebold acquires Brazilian Internet, mobile banking security firm

September 7, 2012

Diebold Inc. has announced that it is expanding its security expertise through the acquisition of GAS Tecnologia, an Internet banking, online payment and…

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MoneyPass adds Walmart stores to fee-free network

September 7, 2012

MoneyPass, a network of Elan Financial Services and provider of comprehensive ATM and debit card processing solutions, has partnered with Walmart to provide…

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EMVCo, NFC Forum team up to optimize NFC testing processes

September 5, 2012

EMVCo, the EMV standards body collectively owned by American Express, JCB, MasterCard and Visa, has signed a collaboration agreement with the NFC Forum, a…

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RBI ends ATM cash retraction in response to fraud

September 4, 2012

India's ATM users may need to pay closer attention to their ATM transactions from now on. In response to a National Payments Corporation of India's request…

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With ATM e-receipts, it's easy being green

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Wells Fargo program makes it simple for customers to choose email over paper for their ATM receipts. 

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Animas CU selects Fiserv XP2

August 31, 2012

Fiserv Inc., a provider of business-driven technology solutions for credit unions, announced today that Farmington, N.M.-based Animas Credit Union has selected…

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UnionPay debit card debuts in Pakistan

August 31, 2012

Chinese-owned UnionPay network is making international inroads. This week, Faysal Bank Ltd. launched the first UnionPay debit card program in…

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Are IT operations teams adopting transaction-based APM?

by Marc Borbas — VP, Marketing, INETCO

In a recent webinar, Loki Jorgenson, a technical advisor to INETCO, did an outstanding job of answering the above question.

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Processing glitch disables Kentucky FI bankcards

August 30, 2012

Lexington, Ky.-based Central Bank and Trust Co., experienced an ATM/debit processing error on Tuesday night that left customers unable to use ATM/debit cards…

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Kilowatt CU signs deal with First Data

August 30, 2012

First Data today announced that Kilowatt Credit Union of Madison, Wis., has joined the Star Network, signing a multi-year agreement under which STAR will…

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