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Transaction Processing News & Media

CTS North America expands in U.S., Canada

August 15, 2007

BURLINGTON, Mass. - CTS North America is expanding its presence in the United States and Canada. CTS North America, a subsidiary of the privately held Italian…

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Co-Op, 7-Eleven ATM deal gets thumbs up from credit unions

August 15, 2007

RANCHO CUCAMONGA, Calif. - Since partnering with  7-Eleven Inc. in November 2005, Co-Op Financial Services says its network of 25,000 surcharge-free ATMs has…

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Ingenico i9400 approved for EMV in Italy

August 12, 2007

NEUILLY-SUR-SEINE, France - Ingenico Italia has received EMV approval from Cogeban-Progetto Microcircuito (formerly ABI - Progetto Microcircuito) for its…

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Biometrics hits ATMs in rural India

August 9, 2007

(India) Express Computer: ATMs with biometric devices are the latest solution in the ongoing effort to offer banking services to rural masses in India. And to…

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Paragon software supports, tests ATM processing shift

August 9, 2007

HOLLY SPRINGS, N.C. - Alaska Option, an EFT network, and Pemco Technologies, a payments processor, recently formed an alliance to offer enhanced services to…

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I2c names new director of ops

August 9, 2007

REDWOOD SHORES, Calif. - I2c Inc., provider of transaction processing and stored-value-card management solutions, has named MaryAnn Allison its new director…

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Reg E change could boost self-service payments

August 9, 2007

Digital Transactions: Electronic transactions in self-service machines should get a boost from a Federal Reserve System rule change that was expected to take…

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Consolidating credit and debit processing

August 8, 2007

Do FIs benefit from consolidating their credit and debit-card processing with a single provider?

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NCR invests in contactless, NFC tech

August 7, 2007

DAYTON, Ohio - NCR Corp. has made a minority investment in Silicon Valley-based ViVOtech Inc., provider of payment terminals and software, to incorporate…

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AmEx pinched for money-laundering

August 6, 2007

CNN Money: American Express Co. has agreed to pay $65 million for failing to detect drug-related money transactions laundered through a subsidiary over…

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Postilion solutions get security validations from Visa

August 6, 2007

ATLANTA - Postilion, a division of S1 Corp., has received Visa Payment Application Best Practices validation for its applications used by banks and credit…

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Transportation, logistics company signs with Wausau

August 2, 2007

MOSINEE, Wis. - Wausau has signed a deal with San Mateo, Calif.-based Con-way Inc., a $4.2 billion freight-transportation and logistics services provider, for…

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B of A signs with Pulse for PIN debit

August 2, 2007

HOUSTON - Pulse EFT Association has reached a new agreement with Bank of America to renew and expand their relationship.   According to a news release, Pulse…

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B of A increases ATM fees

August 1, 2007

Portland (Ore.) Business Journal: Bank of America Corp. is increasing ATM fees at its banking centers and in-store locations for non-customers to $3 in most…

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Fiserv to buy CheckFree for $4.4 billion

August 1, 2007

BROOKFIELD, Wis. - Fiserv Inc. has announced plans to acquire CheckFree Corp. for approximately $4.4 billion.   Fiserv says CheckFree, which provides online…

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Tranax, CDS partner for self-service gift-card program

July 30, 2007

NEWARK, Calif. - Tranax Technologies Inc. and Columbus Data Services are providing gift-card dispensing on Tranax's Hybrid ATM platform, which is based on the…

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ATM vendors look to Brazil

by

Manufacturers and vendors fight to lay claims in Brazil.

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2007 is year of processing restructuring

July 29, 2007

Digital Transactions: Columbus, Ga.-based bank-holding company Synovus Financial Corp. last week said it would consider spinning off its processing…

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Wausau experts to speak at TAWPI

July 29, 2007

MOSINEE, Wis. - Wausau, provider of payments, remittance and document processing, said industry experts from within its company are expected to be featured…

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MasterCard shares up since IPO

July 25, 2007

The (Rockland, N.Y.) Journal News: Despite frequent predictions that MasterCard Inc.'s stock will slow, it has spent most of this year speeding to new…

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