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Transaction Processing News & Media

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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First Data extends reach into Pakistan

January 8, 2007

LAHORE, Pakistan - First Data International has signed a card-processing deal with Alfalah Bank, a credit-card issuer and merchant acquirer in Pakistan. …

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Canada's Interac sets debit record

January 7, 2007

Digital Transactions: Interac, Canada's national EFT network, announced that it processed more point-of-sale debit card transactions on Dec. 22 and 23 than in…

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NACHA's number of ACH professionals jumps 85%

January 4, 2007

HERNDON, Va. - NACHA-The Electronic Payments Association announced that it accredited 668 payments professionals in 2006 under the Accredited ACH Professional…

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Credit Union 24 moves ATM, POS network to Fifth Third Processing

January 3, 2007

TALLAHASSEE, Fla. - Credit Union 24, a credit union-owned ATM and POS network, has completed its switch-processor conversion from Fiserv EFT to Fifth Third…

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India's FSS facilitates cross-border ATM sharing

January 3, 2007

MUMBAI, India - Punjab National Bank of India and Everest Bank Ltd. of Nepal have agreed to share their ATM networks on either side of the border.   PNB is…

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Asian ATM invasion

by Tracy Kitten — Editor, AMC

As U.S. ATM manufacturers look to Asia for growth, their Asian counterparts are looking back.

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CR2 launches upgraded ATM management software

January 2, 2007

DUBLIN, Ireland - Multichannel-banking software provider CR2 Ltd. on Jan. 2 announced the launch of its ATM management software, Sparrow 8.   Sparrow 8, an…

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Co-Op, CU Anytime agree to joint ATM venture

January 2, 2007

ONTARIO, Calif. - Albuquerque-based CU Anytime and Co-Op Financial Services, d.b.a. Co-Op Network, have formed a new organization called Co-Op ATM Services…

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Co-Op hits ATM, debit transaction record

January 2, 2007

ONTARIO, Calif. - Co-Op Financial Services, d.b.a. Co-Op Network, established a single-day processing record Dec. 23 with 5,045,225 transactions.    The…

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Source Technologies intros financial kiosk

January 2, 2007

Source Technologies' Concourse 5-series model. CHARLOTTE, N.C. - Source Technologies announced Jan. 3 the launch and availability of its redesigned…

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SunTrust, CheckFree ink multiyear deal

January 2, 2007

ATLANTA - CheckFree Corp. and SunTrust Banks Inc. have signed a multiyear contract extension for CheckFree Web.   According to a news release, Atlanta-based…

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Green Dot, Discover partner for prepaid reload

January 2, 2007

LOS ANGELES - Green Dot Corp., provider of retailer-sold prepaid debit cards, is offering the first reloadable prepaid card to launch on the Discover Network.

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CheckFree to buy Carreker

January 2, 2007

ATLANTA - CheckFree Corp. is expected to buy Dallas-based Carreker Corp. by the end of March. The deal between the two companies, according to CheckFree, will…

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Mexico's president to speak at February's Prepaid Card Expo

January 1, 2007

NASHUA, N.H. - Prepaid Media, provider of business-to-business, integrated media and information services to the prepaid and stored-value card industry…

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ATMs reject Pakistan's new currency

January 1, 2007

(Qatar) Gulf Times: ATMs have failed to recognize the State Bank of Pakistan's new currency. The new notes are not supported, because of their new…

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