Transaction Processing News & Media
Self-service banking expected to soar by 2010
April 27, 2006
NEEDHAM, Mass. - Self-service banking is performing well in the United States, according to recent research from Boston-based financial-industry consultancy…
read nowCredit Union 24 returns $7.2 million to its members
April 26, 2006
TALLAHASSEE, Fla. - Credit Union 24 has paid its network-participating credit unions approximately $7.2 million in dividends and rewards for 2005, based on…
read nowCanadian credit union implements latest version of Posh ATM Switch
April 26, 2006
GLASTONBURY, Conn. - Open Solutions Inc. announced that Golden, British Colombia-based Columbia Valley Credit Union has successfully completed its…
read nowWal-Mart bid causes rift between community banks
April 25, 2006
OVERLAND PARK, Kan. - Wal-Mart Stores Inc.'s application for a bank charter is quaking America's community banks, and the growing rift was evident April 2…
read nowEuronet's ATM-management jumps 23% in 1Q '06
April 25, 2006
LEAWOOD, Kan. - Euronet Worldwide Inc. reported increases in both revenue and net income for the first quarter of 2006, the result, the company said, of a 3…
read nowFiserv reports revenue increase, net income decrease
April 25, 2006
BROOKFIELD, Wis. - Fiserv Inc. reported a 13 percent revenue increase for the first quarter of 2006, up from $937.1 million in 1Q 2005 to $1.1 billion. Net…
read nowATM surcharges at banks continue to rise
April 24, 2006
Digital Transactions: More banks now levy surcharges on ATM transactions performed by non-customers, and the fee is higher than ever, according to…
read nowDebitman's new CEO stresses more merchants, issuers, products
April 23, 2006
Digital Transactions: Debitman Card Inc.'s new chief executive sees no significant strategic changes ahead for the PIN debit network, though he says some new…
read nowBanks fight Wal-Mart's application for bank charter
April 20, 2006
WASHINGTON - Wal-Mart Stores Inc. hopes to pacify growing resistance to its application for a bank charter by insisting it has no intention of offering retail…
read nowNACHA's payment pilot to launch in early '07
April 20, 2006
Digital Transactions: NACHA's long-expected pilot project to test Internet payments to retailers and billers is expected to launch early next year. The pilot…
read nowFed won't set interchange fees
April 20, 2006
WASHINGTON - The Federal Reserve said last week it won't intervene in the growing market of card interchange fees, now as much as $30 billion a year.
read nowSingapore QFBs waive ATM fees
April 18, 2006
The (SINGAPORE) Star: Five qualifying full banks, known as QFBs - ABN Amro, Citibank, HSBC, Maybank and Standard Chartered - announced they have waived the ATM…
read nowDCI elects Capeloto, Kohart to board
April 18, 2006
HUTCHINSON, Kan. - DCI, a provider of full-service bank technology and processing solutions to the financial industry, announced in a news release the election…
read nowSVPCO swaps more images in Q1 '06
April 18, 2006
Digital Transactions: The country's largest image-exchange network reported today it handled more volume in the year's first quarter than it processed in all…
read nowACI develops payments system for SEPA
April 18, 2006
OMAHA, Neb. - ACI Worldwide announced in a news release the launch of the ACI Wholesale Payments System for SEPA, a global payments processing engine that…
read nowATM fees in Scotland come under fire
April 18, 2006
The Scotsman: Scottish National Party trade and industry spokesman Mike Weir has launched a scathing attack on the United Kingdom's "scandalous" proliferation…
read nowIndian FIs sign ATM-sharing deal
April 13, 2006
Business Standard: India's HDFC Bank and Kotak Mahindra signed a deal to share their ATM networks, which give customers of both the banks access to more than…
read nowWal-Mart bank approval will hurt independent bankers, analysts say
April 12, 2006
CNN Money: In ongoing hearings before regulators in Washington this week, Wal-Mart executives pledged that the discounter has no interest in opening…
read nowFastLane to exhibit at ETA
April 12, 2006
BOULDER, Colo. - FastLane One Swipe technology will officially launch April 18 at the Electronic Transactions Association in Las Vegas, the company announced…
read nowPIN debit has advantages over signature
April 12, 2006
ePaynews: Debit-card use continues to grow in the United States, with the Star network reporting that 2005 debit purchases were 32 percent higher than cash and…
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