Transaction Processing News & Media
Study: On average, CUs charge 13% less in foreign-card ATM fees than banks do
August 14, 2012
Thirty percent of America's 50 largest credit unions charge members no ATM fees outside the network or provide at least one free withdrawal per week before a…
read nowStudy: Prepaid cards mostly used short-term
August 13, 2012
A study by the Federal Reserve Bank of Philadelphia has found that consumers generally use a prepaid card for no more than six months, indicating that such…
read nowVietnam's small banks not paying their share for ATMs, major banks say
August 13, 2012
Last week, Vietnam's central bank announced that it would allow banks to begin charging fees on internal ATM transactions starting in 2013. But the country's…
read nowIndia Post taps Infosys for financial services integration project
August 13, 2012
Consulting and technology provider Infosys announced that it has been selected by the government of India's Department of Post, Ministry of Communications and…
read nowChina's UnionPay issues more than half of all new payment cards
August 9, 2012
In 2011, the number of payment cards worldwide rose 12 percent to 8.9 billion. More than half of this increase was attributable to growth in China, where card…
read nowChexar completes acquisition of Clear Payments
August 9, 2012
Chexar Networks Inc., a provider of technology solutions for converting paper checks into good funds, has announced completion of its acquisition of Clear…
read nowCardtronics acquires ATM Network assets
August 8, 2012
Cardtronics Inc. today announced that its wholly owned subsidiary, Cardtronics USA Inc., has acquired the assets of ATM Network Inc., including its merchant…
read nowVietnam state bank to allow ATM fees
August 8, 2012
A policy change by the State Bank of Vietnam means that, for the first time, commercial banks and financial institutions will be permitted to collect fees on…
read nowDollar Bank adds mobile remote deposit capture
August 8, 2012
WAUSAU Financial systems announced that Dollar Bank has implemented WAUSAU's mobile remote deposit capture solution and that the results have been phenomenal.
read nowDatacard software upgrade enables EMV compliance for card issuers
August 7, 2012
Minnetonka, Minn.-based Datacard Group, a provider of secure ID and card personalization solutions, today announced the availability of a software upgrade…
read nowFirst Bank of Nigeria initiates cashless ATM service
August 6, 2012
First Bank of Nigeria Plc. has implemented a cardless ATM transfer service. The service allows accountholders to send funds to individuals who do not have a…
read nowCard companies aim for April, 2013 EMV changeover in Australia
August 6, 2012
Visa and MasterCard have announced that by April of 2013, all of their cards issued by Australian banks will be EMV compliant.
read nowATMs dole out unlimited cash; cardholders charged with theft
August 3, 2012
Customers who took advantage of a hiccup in the ATM system of Australia's Commonwealth Bank that allowed them to withdraw more money than they had in their…
read nowNew regs give Canadians faster access to deposits
August 3, 2012
New Canadian banking regulations that came into force on Aug. 1, 2012, mean that customers who deposit a check in person with a federally regulated financial…
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Ten questions about India's IAD sector
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
Prizm Payment Services explains how they've found success in a booming ATM market.
read nowFIS to provide ATM switching for Philippine National Bank
August 2, 2012
FIS has announced that Philippine National Bank has signed a multi-year agreement for delivery of an integrated retail payments platform supported by the FIS…
read nowFed finalizes debit card interchange rule
August 2, 2012
The Federal Reserve Board on Friday announced the approval of a final rule that amends the provisions in Regulation II (Debit Card Interchange Fees and…
read nowNational switches in the works in Tanzania, Ghana
August 1, 2012
Tanzania and Ghana are making progress toward the implementation of national switches that will allow bankcard interoperability across all bank ATMs in each…
read nowEMV coalition to support U.S. move to chip-based payments
July 31, 2012
The Smart Card Alliance today announced the formation of an independent, cross-industry organization, the EMV Migration Forum. The forum will support the…
read nowTD Bank adopts Fiserv CheckFree RXP
July 31, 2012
TD Bank, one of the 10 largest banks in the U.S., has expanded its 15-year relationship with Fiserv with the selection of the company's CheckFree RXP solution…
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