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Transaction Processing News & Media

Saudi FI signs ATM software deal with Level Four

March 8, 2006

LONDON - Saudi Arabia's Al Rajhi Bank selected Level Four Software, a provider of open standards-based ATM testing and development software, to introduce…

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Sam's Club says cards not compromised inside stores

March 8, 2006

BENTONVILLE, Ark. - In a news release issued last week, Sam's Club denied allegations that its customers' accounts had been compromised after making…

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National City replaces ATM cards after security breach

March 8, 2006

(Pittsburgh) Post-Gazette: A security breach has forced National City Bank to reissue an unspecified number of customers' Visa-branded ATM/debit cards.

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Smart-card maker's revenue, profit improve

March 8, 2006

MarketWatch: Smart-card maker Axalto reported a 1.4 percent increase in annual profit to $57.1 million, with revenue up 3.3 percent to $992 million. The…

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First Data selected by Romanian company for processing services

March 8, 2006

BUCHAREST, Romania - First Data International, part of First Data Corp. announced in a news release that Credisson International will use First Data to provide…

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Citibank responds to ATM fraud concerns

March 6, 2006

SecurityFocus: A post on blogger Web site Boing Boing suggesting that Citibank may be battling a new ATM fraud issue has garnered some attention. Citibank said…

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Asia Pay adds former MasterCard VP to board

March 5, 2006

HONG KONG - Asia Payment Systems Inc. appointed Rosaline Tam to its board of directors. Tam has more than 25 years' experience in financial services…

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U.K. customers willing to pay for ATM convenience

March 5, 2006

News & Star: A survey of local shops in the United Kingdom found that nine out of 22 venues visited charged customers to get money from ATMs or through…

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M&T ends non-customer ATM fees in out-of-state Sheetz stores

March 1, 2006

TMCnet: Consumers using an M&T Bank ATM at Sheetz convenience stores outside New York state no longer have to pay a surcharge if they're not a customer.

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Systech gets First Data certification for network payments

February 28, 2006

SAN DIEGO - Systech Corp' s IPG/7000 family of dial-to-IP converters has been certified with Verifone Ruby point-of-sale systems on the First Data Atlanta…

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FTC puts CardSystems security breach to rest

February 27, 2006

Digital Transactions: The Federal Trade Commission announced Feb. 23 a proposed settlement with the successor to CardSystems Solutions Inc., the merchant…

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Cardtronics, Info Touch announce hybrid ATM

February 27, 2006

BURNABY, BC - Cardtronics Inc. and Info Touch Technologies Corp. are expected to introduce a hybrid ATM this spring that combines traditional cash dispense…

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FSS launches managed services center

February 26, 2006

MUMBAI, India - Financial Software & Systems Ltd. announced in a news release the launch of its FSSNeT Managed Services Centre in Mumbai.

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FastLane network offers issuing to merchants, ISOs

February 23, 2006

BOULDER, Colo. - Payment network FastLane is now offering merchants and independent sales organizations a revenue stream from the issuing side.

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First Data provides merchant solutions to HSBC

February 23, 2006

DUBLIN, Ireland - First Data Corp. signed a three-year global merchant-processing agreement between its affiliate OmniPay, an international merchant-acquiring…

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Metavante names president of healthcare payments division

February 23, 2006

MILWAUKEE - Metavante Corp.has expanded its Healthcare Payments Solutions division with the addition of AdminiSource, which it recently acquired. AdminiSource…

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eFunds hits 52-week high, earnings up 23 percent

February 22, 2006

The Arizona Republic: eFunds logged a 23 percent earnings jump during the fourth quarter of 2005, which ended Dec. 31. The payments-processing, outsourcing and…

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Dynasty Technology signs EMV deal with financial-transaction, card-management provider

February 21, 2006

MADRID, Spain - Dynasty Technology Group, which develops and markets Java tools for the financial market used in more than 20 countries, announced a…

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Allpoint signs deal with Texas credit union

February 21, 2006

BETHESDA, Md. - Texas Dow Employees Credit Union, the largest credit union in Galveston and Brazoria counties, signed a deal with the Allpoint Network to…

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Asia Pay to acquire InterPay International

February 21, 2006

HONG KONG - Asia Payment Systems Inc. is expected to buy strategic partner InterPay International Group Ltd.

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