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Transaction Processing News & Media

MasterCard to launch mobile P-to-P payments, money transfer

June 16, 2009

American Banker: In the person-to-person transfer business, text messaging is so 2008. MasterCard Inc. said last week that it will use specialized…

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ATM skimming gang arrested in Greece

June 16, 2009

The Sofia (Bulgaria) Echo: Greek authorities in northern Greece have neutralized a gang of Bulgarians who authorities say was swindling money off unsuspecting…

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Westpac New Zealand launches ACI fraud-detection solution on IBM System z

June 16, 2009

NEW YORK — ACI Worldwide Inc. has announced the launch of ACI Proactive Risk Manager for Enterprise Risk solution on IBM System z at Westpac New Zealand, one…

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ECS releases single-terminal solutions for billpay, check-cashing and prepaid processing

June 14, 2009

Rancho Santa Margarita, Calif. — Helping retailers meet their payment-processing needs since 1997, Electronic Cash Systems Inc. has released a new…

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Heartland security-breach lawsuits sent to Houston court

June 14, 2009

BankInfoSecurity.com: The Judicial Panel on Multidistrict Litigation in Louisville, Ky., on Wednesday issued its decision to consolidate the class action suits…

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STUDY: Card issuers expect debit use to grow in 2009, despite recession

June 3, 2009

HOUSTON — The 2009 Debit Issuer Study, commissioned by PULSE, identifies several positive trends for financial-institution debit-card issuers, including…

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Wincor Nixdorf exceeds 2,000 mark with kiosks in Taiwan

June 3, 2009

SINGAPORE — Taiwan FamilyMart, one of the largest convenience-store chains on the island, has installed more than 2,200 Wincor Nixdorf self-service kiosks — a…

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African ATM aims to reduce use of cash

June 1, 2009

(Accra, Ghana) Joy Online: Ghana Interbank Payment and Settlement System has launched the E-zwich compliant ATM, which aims to reduce the use of cash while…

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TNS Smart Network, Nautilus Hyosung process EMV ATM transactions with Interac

June 1, 2009

TORONTO — TNS Smart Network Inc., a subsidiary of NRT Technology Corp., has processed the first Interac Association EMV-compliant transaction on a white-label…

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Fiserv's Mobile Money FastTrack offers mobile banking services for FIs

May 31, 2009

BROOKFIELD, Wis. — Fiserv Inc., provider of financial services technology, has announced the launch of its Mobile Money FastTrack service, a packaged mobile…

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INETCO releases Insight 4.5 transaction-management software

May 25, 2009

VANCOUVER, British Columbia — INETCO Systems Limited, a business transaction management provider that delivers cross-tier visibility into ATM, POS and…

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Integrated Bank Technology, Bling Nation improve payments network, reduce transaction fees for community banks

May 21, 2009

CEDAR PARK, Texas — Integrated Bank Technology (IBT), a company that specializes in engineering applications for financial institutions for in-house and ASP…

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European retailer signs with ACI for BASE24-eps

May 19, 2009

NEW YORK — ACI Worldwide Inc. has signed a European retailer, its 40th customer, to go live on BASE24-eps, ACI's software for online payments processing.

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Kiwibank migrates to the Postilion payments platform

May 18, 2009

MELBOURNE, Australia — Postilion, a division of S1 Corp., today announced that Kiwibank, the largest domestically owned bank in New Zealand, has successfully…

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N.Y. bank renews with NYCE for debit, ATM access

May 17, 2009

SECAUCUS, N.J. — NYCE today announced that Community Bank N.A. of DeWitt, N.Y., has renewed its NYCE Network participation and named NYCE its exclusive…

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Debit and credit cards compromised in Mass., linked to Heartland data breach

May 14, 2009

The Boston Globe: Tens of thousands of Massachusetts consumers have been forced to get new credit or debit cards after cyber thieves hacked Heartland Payment…

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Mobile banking, online debit expected to revolutionize payments

by Tracy Kitten — Editor, AMC

As the economic recession pushes U.S. consumers away from credit, more are expected to rely on cash, debit and emerging payment options such as m-payments.

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Euronet reports earnings increase, ATM revenue improvement

May 12, 2009

GuruFocus.com: Euronet Worldwide Inc., which offers financial payment gateways, outsourcing and consulting services to financial institutions and mobile…

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Bangor Savings Bank renews ATM, debit program with NYCE

May 10, 2009

SECAUCUS, N.J. — NYCE and Bangor Savings Bank of Bangor, Maine, have renewed Bangor's NYCE Network participation.   According to a news release, NYCE has been…

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TNS Smart Network, Nautilus Hyosung get EMV certification with Interac

May 7, 2009

TORONTO — TNS Smart Network Inc., now a subsidiary of NRT Technology Corp., has received EMV terminal certification for the Nautilus Hyosung MoniMax 5000CE…

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