Transaction Processing News & Media
Free cash withdrawals at all ATMs in India
April 1, 2009
India Server: The Reserve Bank of India has directed all banks operating in India to stop charging any fee for cash withdrawals at ATM beginning April 1. Banks…
read nowDatalogic Mobile, Wincor Nixdorf to deliver more mobile solutions to retailers and banks
April 1, 2009
PADERBORN, Germany — Datalogic Mobile, a global player in the Rugged Mobile Computers and self-shopping solutions market, and Wincor Nixdorf AG have signed a…
read nowAntitrust case against MasterCard is dropped by E.U.
April 1, 2009
The New York Times: MasterCard has settled an antitrust case by agreeing to reduce fees that raise costs for retailers, European Union regulators said…
read nowFiserv names new executive VP
April 1, 2009
BROOKFIELD, Wis. — Fiserv Inc. has named Lance Drummond its new executive vice president to lead several strategic growth initiatives and report to the chief…
read nowNCR intros self-service banking suite in Thailand
April 1, 2009
The Paypers: NCR Corp. has launched a portfolio of self-service banking services in Thailand that allow banks to offer services to their customers across POS…
read nowMetavante employees likely to lose jobs after pending merger with Fidelity National
April 1, 2009
The Business Journal of Milwaukee: Some of Metavante's 2,700 employees in the Milwaukee area are likely to lose their jobs as a result of the pending merger of…
read nowCommunity banks in N.M. waive ATM fees for unemployed
March 31, 2009
KRQE-TV, Channel 13 (Albuquerque, N.M.): Some New Mexico banks have agreed to waive the ATM fees on unemployment debit cards. The Independent Community Bankers…
read nowIngenico warns contactless technology will divide the market
March 31, 2009
LONDON — Ingenico, a provider of payment solutions, says contactless technology will split the retail market this year, improving sales figures for early…
read nowMajority stake in Fifth Third Processing goes to Advent
March 30, 2009
Business First of Louisville: Fifth Third Bancorp says it will sell 51 percent of Fifth Third Processing Solutions to Advent International Corp. Boston-based…
read nowNokia makes high-dollar investment in mobile payments startup
March 26, 2009
Yahoo! News: Nokia Corp., the world's largest maker of cell phones, is making a large investment in California-based Obopay Inc., a startup that's pushing…
read nowHeartland says it will sue competitors that misuse Visa's PCI delisting to steal its customers
March 25, 2009
Computerworld: Heartland Payment Systems Inc. is warning rivals of possible legal action if they don't stop trying to lure away its customers by hinting that…
read nowREPORT: Banks invest in more tech to find synergies between anti-fraud, anti-money laundering
March 25, 2009
LONDON — The increasing amount of overlap and duplication of data, tasks and processes in their anti-fraud and anti-money laundering divisions is driving banks…
read nowSolidcore says ATM hacks prove traditional security controls are no longer effective
March 25, 2009
CUPERTINO, Calif. — Solidcore Systems Inc., a provider of technology to protect critical IT infrastructure from devices to the data center, says its patented…
read nowAsk the Experts: What is driving investment in multivendor ATM software?
March 24, 2009
A number of forces are driving change in the ATM space, especially in the area of ATM software. Here, Aravinda Korala, the chief executive of multivendor ATM…
read nowPULSE, Acculynk partner for Internet PIN-debit tech
March 23, 2009
HOUSTON — PULSE, a leading ATM/debit network, has partnered with Acculynk to pilot Acculynk's PaySecure Internet PIN-debit technology. According to a news…
read nowSmartlink, MasterCard launch online payment platform in Vietnam
March 23, 2009
The Paypers: Vietnam-based card-services provider Smartlink and MasterCard have partnered to activate an online payment portal in Vietnam that processes…
read nowTIO reports 62% 2Q revenue increase, 2Q net loss
March 22, 2009
BURNABY, British Columbia — TIO Networks Corp. says the second quarter of fiscal year 2008/2009, which ended Jan. 31, is one of the best the company has seen.
read nowChase Paymentech signs with Acculynk for online PIN debit pilot
March 22, 2009
The Paypers: JPMorgan Chase's payment processing and merchant acquiring business unit, Chase Paymentech, is expected to take part in an online PIN debit pilot…
read nowElan to offer Visa cards to Canadian government
March 22, 2009
Finextra: Elan Financial Services, a division of U.S. Bank, says it has signed with the Government of Canada to provide Visa acquisition cards for a contract…
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Data breaches open doors for new payments infrastructures
by Tracy Kitten — Editor, AMC
One California-based company says regional networks that rely on 'push' versus 'pull' payments will be the platforms of the future.
read nowFeatured Vendor
In business for more than three decades, Lock America, Inc. of Corona,CA develops, manufactures and markets high security locks for various industries, including amusement, gaming, information management, fuel distribution and self-storage.
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