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Transaction Processing News & Media

Synovus Financial joins NACHA

January 24, 2007

HERNDON, Va. - Synovus Financial Corp. has joined NACHA-The Electronic Payments Association, according to news released issued by NACHA.   "As consumers and…

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Credit Union 24 sets monthly, annual records

January 24, 2007

TALLAHASSEE, Fla. - Credit Union 24, the credit union-owned point-of-sale network, set new growth and performance benchmarks in 2006, signing 23 new credit…

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Global Cash Access inks deal with Nevada gaming group

January 21, 2007

LAS VEGAS - The Navegante Group's seven Nevada gaming establishments have signed up to use Global Cash Access' full suite of products and services.   GCA…

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Wells Fargo intros mobile banking

January 21, 2007

(St. Paul, Minn.) Pioneer Press: Wells Fargo and other big U.S. banks are expected to begin allowing their customers to check account balances, pay bills and…

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TNS Smart Network renews PCI compliance

January 21, 2007

TORONTO - Canada-based transaction processor TNS Smart Network Inc. has renewed its annual compliance with the Payment Card Industry Data Security Standard.…

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U.K.'s ATM withdrawals up in December

January 18, 2007

Money News: December 2006 proved to be a record month for ATM withdrawals in the United Kingdom, according to Link Interchange Network Ltd. Cash withdrawals…

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RESEARCH: Converging wire-transfer, ACH to revolutionize payments

January 18, 2007

BOSTON - A new report from Aite Group, "Converging Wire Transfer and Automated Clearing House (ACH) to Revolutionize U.S. Electronic Wholesale Payments,…

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Card data compromised at U.S. retail chains

January 17, 2007

CNET News: TJX, which operates the T.J. Maxx and Marshalls chains, said the computer systems that process its customer transactions have been breached, and…

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European Commission cuts cost of cross-border payments

January 17, 2007

ePaynews: European consumers have seen a big drop when it comes to what they pay for cross-border money transfers and using their ATM/debit cards across…

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Accel/Exchange teams with Allpoint for free ATM access

January 16, 2007

BROOKFIELD, Wis. - The Accel/Exchange Network, owned and operated by Fiserv Inc., has signed a deal with Allpoint, the surcharge-free ATM network owned by…

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PrePay Technologies, Link launch prepaid payroll card

January 15, 2007

LONDON - Paying employees by cash or check could fade into the past as Link Interchange Network Ltd. rolls out its new prepaid payroll card for U.K.

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First Data, Microsoft, HP offer automated POS solution

January 15, 2007

DENVER - First Data Corp., Microsoft Corp. and Hewlett-Packard have come together to create a point-of-sale solution for smaler retailers.   According to a…

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U.K. FI launches new travel card

January 14, 2007

ePaynews: Lloyds TSB has entered the prepaid travel card market with the launch of its Visa Travel Money Card. United Kingdom-based Lloyds is charging £7.5…

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Alaric International achieves Visa validation

January 14, 2007

LONDON - Alaric International Ltd., supplier of advanced-technology solutions for the card-payments industry, has received Visa Payment Application Best…

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Metavante buys Valutec, expands prepaid offerings

January 14, 2007

MILWAUKEE - Metavante Corp., the financial-technology subsidiary of Marshall & Ilsley Corp., has acquired Franklin, Tenn.-based Valutec Card Solutions…

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U.S. Bank provides ATM processing to Barona Valley Casino

January 11, 2007

MINNEAPOLIS - U.S. Bank Gaming Services, a division of U.S. Bancorp subsidiary Ultron Inc., announced it has signed an ATM-processing deal with Barona Valley…

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Global Axcess, Elan ink ATM cash deal

January 11, 2007

PONTE VEDRA BEACH, Fla.  - Elan Financial Services, a business unit of U.S. Bank, announced that it has signed an ATM vault-cash deal with Nationwide Money…

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Fourth-largest credit union expands deal with Co-Op

January 9, 2007

ONTARIO, Calif. - BECU, the fourth-largest credit union in the United States, has selected Co-Op Financial Services for ATM processing and signature debit…

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Network International, JCB sign alliance in UAE

January 9, 2007

TOKYO - Network International, card-solutions provider in the United Arab Emirates, and JCB International have signed a deal to expand JCB card acceptance in…

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India's Reserve Bank works to block fake notes ATMs

January 8, 2007

New Kerala: The Reserve Bank of India is working to help banks ensure that counterfeit notes are not dispensed through their ATMs. In a public notice issued…

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