Transaction Processing News & Media
Cashless Olympics score low at Wembley stadium
July 31, 2012
It looks like Visa might have fallen out of contention for gold in the "2012 Cash-Free Olympics" category.
read nowGlobal Payments says March data breach has cost $84.4M
July 27, 2012
Atlanta-based Global Payments Inc. yesterday announced results for its fiscal fourth quarter and year ended May 31, 2012. The transaction processor reported…
read nowCU members save $20M with fee-free ATM network
July 26, 2012
Tallahassee-Fla.-based Credit Union 24, the nation's largest credit union-owned ATM and POS network, announced today that its surcharge-free ATM programs have…
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Will cashless ATMs ever pay off for IADs?
by Thomas Hailey — Director of Business Development, CORD Financial Services
The concept of a cashless ATM is not new to the market. Scrip machines have appeared in merchant locations across the world for more than two decades, but have…
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How the Visa/MasterCard antitrust settlement might affect the ATM industry
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
It's all over but the sniping. But what will the ATM industry get out of the settlement, if anything?
read nowNCR, SunTrust Bank team up to deploy 1,600 SDM ATMs
July 19, 2012
SunTrust Bank, one of the nation's largest financial services companies, will deploy more than 1,600 NCR SelfServ ATMs equipped with Scalable Deposit Module…
read nowCO-OP NextGen ATM begins pilot test at Red Rocks FCU
July 19, 2012
Co-op Financial services has announced that, in partnership with Diebold Inc., it has begun live beta testing of its Co-op NextGen ATM software application…
read nowTruStone Financial FCU adopts Fiserv solutions
July 18, 2012
Fiserv Inc., a global provider of financial services technology solutions, announced today that Plymouth, Minn.-based TruStone Financial Federal Credit Union…
read nowPrizm Payments on pace to process over $50B in transactions in 2012
July 17, 2012
Mumbai, India-based payments company Prizm Payments announced today that it has become the fastest growing payments company in Asia and expects to reach a…
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M2Cash: A new revenue stream for ATMs?
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
A new money transfer service may offer existing ATM networks a new way to bring in incremental revenue.
read nowU.S. court of appeals rules in ATM antitrust suit
July 12, 2012
On Thursday, the 9th U.S. Circuit Court of appeals upheld a judgment against plaintiffs who had sought to bring a class action civil suit against a number of…
read nowPULSE expands transaction processing capacity with HP solution
July 12, 2012
HP has announced that Pulse, a Discover Financial Services company, has selected an HP Converged Infrastructure to deliver transaction processing services to…
read nowRegional bank expands relationship with FIS
July 12, 2012
FIS, a provider of banking and payments technology, today announced that Cadence Bank has expanded its relationship with the company, deploying several new…
read nowMADD, liquor authority partner on ATM fundraising project
July 11, 2012
In what might seem like an unlikely partnership, Canada's Saskatchewan Liquor and Gaming Authority and Mothers Against Drunk Driving have announced that they…
read nowBanks in Pakistan fined in ATM fee-setting scheme
July 6, 2012
Pakistan's anti-trust commission this week imposed fines totalling Rs770 million ($8,190,644) on 1-Link Company and 28 of its member banks for colluding on…
read nowCoastal Federal Credit Union goes with STAR Network
July 2, 2012
Coastal Federal Credit Union of Raleigh, N.C., recently announced that it has signed a multiyear agreement under which First Data's STAR EFT network will…
read nowTech Credit Union chooses Fiserv XP2 for account processing
June 28, 2012
Fiserv Inc., a provider of financial services technology solutions, has announced that Tech Credit Union, a $305 million financial institution serving nearly…
read nowATM design flaw leads to big swindle in India
June 27, 2012
Authorities in the Indian states of Punjab and Kerala are investigating an ATM fraud carried out by thieves who exploited a weakness in the design of some ATMs.
read nowDirect Cash Payments, Visa Canada team to increase availability of ATM funds
June 26, 2012
DirectCash, a provider of white label ATMs in Canada, announced that it has teamed with Visa Canada to provide Visa cardholders greater access to their funds.
read nowATM World selects USA Payment Systems for ATM processing
June 26, 2012
New York-based IAD, ATM World Corp. — one of the largest deployers in the Northeast United States, with 7,000 machines in operation — has selected USA Payment…
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