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Transaction Processing News & Media

Wincor World '06 highlights comprehensive banking, retail solutions

by Tracy Kitten — Editor, AMC

Innovation in system architecture is changing the way bankers do business. At Wincor World 2006, more than 70 Wincor partners from around the world will be in…

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Bank Midwest enhances services deal with First Data

January 8, 2006

DENVER - First Data Corp. and Bank Midwest (with more than $3 billion in assets) have formed a new merchant-services alliance.

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Labry named to manage domestic merchant services for First Data

January 8, 2006

DENVER - First Data Corp. has named Ed Labry president of the company's prepaid services, according to a news release. Labry also is expected to assume…

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AutoZone signs up for First Data's check-conversion services

January 4, 2006

DENVER - TeleCheck Services Inc., the world's leading check-acceptance company and subsidiary of First Data Corp., announced in a news release that AutoZone…

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Metavante completes acquisition of Adminisource

January 3, 2006

MILWAUKEE - Metavante Corp., the financial technology subsidiary of Marshall & Ilsley Corp., has completed its acquisition of Carrollton, Texas-based…

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First Data to acquire German processor

December 29, 2005

BAD VILBEL, Germany - First Data Corp. is expected to acquire GZS, Gesellschaft fur Zahlungssysteme, Germany's leading processor of card-based payment…

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India's National Financial Switch faces hard times

December 28, 2005

Business Standard: ICICI Bank, the only financial institution with a large ATM network operating on the National Financial Switch, has decided to withdraw its…

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An industry divided

by Tracy Kitten — Editor, AMC

December 27, 2005

Industry consultant Tony Hayes says ATM outsourcing and branding deals will play a crucial role in the ATM programs of small to mid-sized FIs. But most large…

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Pay By Touch goes on buying spree

December 27, 2005

The Green Sheet: Following $130 million of new financing in October 2005, Pay By Touch has been on a buying spree. Since October the company has purchased or…

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Ind. FI extends contract with First Data

December 27, 2005

GREENWOOD VILLAGE, Colo. - First Data Corp. has extended its relationship with Indiana-based Forum Credit Union for offerings from First Data Debit Services.  

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MasterCard Canada sets 2010 EMV migration goal

December 27, 2005

ePaynews.com: MasterCard Canada is expected to start the rollout of EMV cards between 2007 and 2010. The estimated cost of the rollout - CAN $1 billion (U.S.

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Global Axcess, Genpass sign ATM processing deal

December 26, 2005

PONTE VEDRA, Fla. - Global Axcess Corp., an independent electronic financial transaction-processing company, and Nationwide Money Services Inc., its wholly…

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Co-Op Network takes over switching for Purdue credit union

December 26, 2005

ONTARIO, Calif. - Purdue Employees Federal Credit Union, a Co-Op Network member since 2003, has signed an agreement to expand its electronic payment services.

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New Edge Networks now connected to AMEX

December 26, 2005

VANCOUVER, Wash. - New Edge Networks has established a direct network connection to American Express that enables merchants to process transactions directly…

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Sagem Denmark acquires Finnish payment solutions provider

December 26, 2005

GLOSTRUP, Denmark - Sagem Denmark A/S has acquired Manison Maksujärjestelmät Oy (aka Manison), according to a news release.

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European ATMs open to Chinese cardholders

December 19, 2005

China View: European financing network, EUFiserv, has opened its ATMs to Chinese cardholders in Germany, France, Spain, Belgium and Luxembourg. The move…

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Fiserv signs deal with W.Va. bank

December 19, 2005

BROOKFIELD, Wis. - Fiserv Inc. signed a deal with Citizens National Bank of Elkins, W.Va., for core processing, ATM/debit processing and both consumer and…

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Asia Pay to set up Shanghai subsidiary

December 19, 2005

HONG KONG - Asia Payment Systems Inc. received all required approvals from the Shanghai authorities for the establishment of a wholly owned subsidiary, Asia…

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Metavante supports HSA strategy

December 19, 2005

MILWAUKEE - Metavante Corp. signed a deal with Wyomissing, Pa.-based Leesport Bank for a comprehensive health-savings account solution, according to a news…

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Fair Isaac signs deals with Fiserv, AON for CardAlert

December 18, 2005

MINNEAPOLIS - Fair Isaac Corp., a provider of analytics and decision technology, announced in a news release new agreements with Fiserv EFT and Alaska Option…

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