TNS inks multi-year agreement with Open Solutions

December 11, 2011

Open Solutions Inc., a provider of integrated enabling technologies for financial service providers throughout Canada, the United States and other…

INETCO releases application performance monitoring system

December 5, 2011

INETCO Systems Ltd., a provider of transaction-level monitoring solutions for the payment processing industry, today announced its entry into the mainstream…

Tanzanian bank to offer card-less ATM transactions

November 30, 2011

According to The Citizen, CRDB Bank in Tanzania is offering its customers card-less ATM transactions. Customers will be able to access their accounts at the…

Transaction and interchange analysis: To be or not to be?

by Bryan Bauer — President, Kahuna ATM

Picture this...you take your car to the auto garage for a simple service and after they ask you, "how has it been running?" and you reply, "I've had no…

Euronet receives FSA authorization in the UK

November 27, 2011

Euronet Worldwide Inc., through its wholly owned subsidiary, Euronet Payments & Card Services Ltd., has been authorized by the Financial Service Authority…

NRF, other groups sue Fed over Durbin Amendment

November 27, 2011

According to Bloomberg.com, the Federal Reserve is being sued by retailer groups over interchange fee regulations set forth by the Durbin Amendment, which went…

The U.S. unbanked go 'Boom'

November 14, 2011

Sending money is now as simple as sending a text message, according to m-Via, a company that launched Boom, a platform giving unbanked consumers access to…

CardinalCommerce, STAR Network partner for PIN debit service initiative

November 9, 2011

CardinalCommerce and the STAR Network today announced that STAR, an electronic funds transfer network, has signed a non-binding letter of intent to participate…

ATMIA, Tremont Capital release Visa/Plus impact on IADs study

November 2, 2011

The ATM Industry Association and Tremont Capital Group, a consulting firm specializing in the ATM industry, have announced the completion of a proprietary…

Wells Fargo abandons monthly debit fee pilot program

October 30, 2011

According to Bloomberg.com, Wells Fargo & Co. has abandoned plans to charge a $3 monthly debit card fee after the program was met with customer opposition.

ATM card circulation in Canada predicted to reach nearly 125 million by 2016

While card circulation is increasing, withdrawals are decreasing.

South African Paycorp Holdings achieves PCI compliance

October 26, 2011

Paycorp Holdings, a Southern African payments company, has achieved PCI DSS compliance, according to a company press release. Paycorp Holdings and its three…

Euronet reports third quarter 2011 financial results

October 25, 2011

Transaction processing company Euronet Worldwide Inc. yesterday reported its third quarter 2011 financial results.

Senator Durbin questions Wells Fargo about debit fees

by Kim Williams — Reporter, NetWorld Alliance

The bank posted record profit results this week, prompting inquiries into the need for debit fees.

Report discusses negative impact of Durbin Amendment on banks, consumers

by Kim Williams — Reporter, NetWorld Alliance

Merchants aren't incentivized to pass savings on to consumers, according to findings.

Another ATM surcharge fee lawsuit for Visa and MasterCard also includes three major banks

October 19, 2011

According to the Washington Post, yet another lawsuit over ATM surcharge fees has been filed against Visa and MasterCard and three major banks accusing them of…

ATM card users also suing Visa, MasterCard over fees

October 18, 2011

Following a recent lawsuit filed by ATM operators against Visa and MasterCard for allegedly imposing contract terms that force them to charge consumers set…

Five tips for financial institutions launching deposit automation

Phoenix Interactive executive VP offers advice on how FIs can avoid the pitfalls of a deposit automation project.

Smart Card Alliance Payments Summit 2012 will offer 'all payments' agenda

October 17, 2011

The Smart Card Alliance today announced that its Payments Summit will return for 2012 with an "all payments" agenda, covering every leading transaction…

PULSE, NetWorks ink deal for broader ATM, POS acceptance

October 13, 2011

Debit and ATM network PULSE has signed a long-term, point-of-sale and ATM acceptance agreement with NETS Inc. (NetWorks), an electronic funds transfer services…