Transaction Processing News & Media
Euronet shows strong EFT processing, prepaid growth in '06
February 25, 2007
LEAWOOD, Kan. - Euronet Worldwide Inc. reported a near doubling of net income for the year Feb. 20, when it released final financials for 2006. The company…
read nowT.J. Maxx parent reports wider security breach
February 25, 2007
Digital Transactions: TJX Cos. Inc., parent company of T.J. Maxx and Marshalls, is talking more about the database intrusion that put credit and debit…
read nowMassachusetts PIN breach resembles Canadian scam
February 25, 2007
Digital Transactions: Although many details remain unclear, a security breach at a big supermarket chain in the Northeast bears resemblance to a scam last…
read nowAmerican Airlines credit union expands deal with Co-Op
February 25, 2007
ONTARIO, Calif. - American Airlines Federal Credit Union (more than $4 billion in assets), which represents more than 204,000 members of the…
read nowFirst Data buys Datawire Communication Networks
February 25, 2007
DENVER - First Data Corp. has acquired the assets of Datawire Communication Networks Inc., which specializes in Internet-based transaction delivery. Financial…
read nowJCB chooses Visa for contactless payments in Asia
February 25, 2007
SINGAPORE - Visa and JCB have signed a deal to share Visa Asia Pacific's contactless specification, which is soon expected to open acceptance of JCB's…
read nowDebate over ATM fees in Canada continues
February 21, 2007
Globe and Mail: Canada's finance minister expects to meeting with Canada's big banks to once again press them on the ATM fee issue. He has challenged banks to…
read nowDiscover certifies contactless cards, devices
February 19, 2007
RIVERWOODS, Ill. - Discover Financial Services, a business unit of Morgan Stanley, announced that Discover Network has certified the MicroPass L4 hardware…
read nowFSS facilitates ATM sharing in India
February 15, 2007
Network Magazine India: National Bank of India and Everest Bank Ltd. of Nepal have agreed to share their ATM networks on either side of the border. Financial…
read nowDiscover, Motorola announce mobile payments trial
February 15, 2007
RIVERWOODS, Ill. - Discover Financial Services, a business unit of Morgan Stanley and Motorola Inc., has announced plans to launch a mobile-payments and…
read nowJ&B Software forms image-capture alliance with Cheq Information Technology
February 15, 2007
ORLANDO, Fla. - J &B Software Inc, provider of enterprise-wide payment system and integration services, has signed a deal with Cheq Information Technology…
read nowNACHA secures speakers from CheckFree, Sports Illustrated for April conference
February 15, 2007
HERNDON, Va. - Pete Kight, chairman and chief executive of CheckFree Corp., and Rick Reilly, a senior writer for Sports Illustrated, are slated to deliver…
read nowFiserv touts new electronic bill-pay solution
February 15, 2007
BROOKFIELD, Wis. - Fiserv Inc. says its Paytraxx electronic bill-payment product has gained momentum since its launch last spring. According to a news…
read nowSURVEY: Consumers put spotlight on interchange
February 14, 2007
Digital Transactions: Results from a survey conducted by a merchant lobbying group indicate that 94 percent of consumers agree that card networks should be…
read nowWausau provides remote-capture solution for Florida FI
February 14, 2007
MOSINEE, Wis. - Wausau has been selected by St. Augustine, Fla.-based Prosperity Bank to help the bank improve cash management through remote corporate…
read nowM&T Bank signs with NCR for remote-capture tech
February 13, 2007
ORLANDO - M&T Bank Corp. (more than $56 billion in assets), one of the United States' 20 largest commercial-bank holding companies, has signed with NCR…
read nowMaryland, D.C. credit unions sign with Co-Op for surcharge-free ATMs
February 12, 2007
ONTARIO, Calif. - Maryland and District of Columbia Credit Union Association, which represents 176 credit unions throughout Maryland and Washington, D.C., has…
read nowEuronet acquires prepaid service provider in Romania
February 12, 2007
BUCHAREST, Romania - Euronet Worldwide Inc. announced the acquisition of Brodos SRL, a subsidiary of Brodos AG, a privately-held German company that provides…
read nowCalifornia FI joins MoneyPass surcharge-free ATM network
February 12, 2007
SAN RAFAEL, Calif. - Tamalpais Bank, a wholly owned subsidiary of Epic Bancorp, has with MoneyPass, a surcharge-free ATM network owned and operated by Elan…
read nowU.K.'s Office of Fair Trading expands probe into interchange fees
February 11, 2007
Reuters: Britain's consumer watchdog, the Office of Fair Trading, is expanding its inquiry into the interchange fees charged by credit card associations. The…
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