Transaction Processing News & Media
BofA charges ATM 'denial fee'
November 8, 2005
New York Daily News: Bank of America is now charging customers who try to withdraw more than their daily-limit at foreign ATMs. The transaction will be…
read nowWashington Mutual charges non-account users at ATMs
November 8, 2005
The Seattle Times: The party's over for non-account-holders who've grown accustomed to using Washington Mutual ATMs for free. On Nov. 17, the nation's…
read nowVisa Europe looks to debit
November 7, 2005
ePaynews.com: Visa Europe's 282 million cardholders increased their total card numbers by 20 percent in 2004. Of Visa's three card types, debit has experienced…
read nowIran's ATM, POS systems to link with 7 Asian states
November 7, 2005
IranMania: Iran's ATM and POS systems are expected to soon be linked to systems in seven southeast Asian states following a deal with China, where the central…
read nowCredit Union 24, Fifth Third Processing Solutions expected to sign processing agreement
November 7, 2005
TALLAHASSEE, Fla. - Credit Union 24 and Fifth Third Processing Solutions are expected to begin working toward a long-term agreement for switch-processing…
read nowYabuki named Fiserv president, CEO, board member
November 7, 2005
BROOKFIELD, Wis. - Fiserv Inc. has appointed Jeffery W. Yabuki president, chief executive officer and a member of the company's board of directors. According…
read nowFiserv reopens New Orleans item processing facility
November 7, 2005
Fiserv Inc. today reopened its item processing facility in Jefferson Parish, La., a suburb of New Orleans. The center, which closed Aug. 26 with the approach…
read nowDefining differences: A second look at ATM fraud
Some experts argue that the ATM industry needs to take a second look at how it approaches and deals with fraud.
read nowFirst Data renews agreement with Las Vegas bank
November 6, 2005
DENVER - First Data Corp. has extended its relationship with First National Bank of Marin for credit card processing services, according to a news release.
read nowAn industry holds its breath
November 3, 2005
Whether you own an ATM or share a percentage of your c-store's ATM surcharge with an independent deployer, you want the most from your investment. And you've…
read nowFirst American buys public-sector payments provider
November 1, 2005
FORT WORTH, Texas - First American Payment Systems LP, a merchant processing acquirer, has acquired Arlington, Va.-based Govolution Inc. for an undisclosed…
read nowWincor wins CIFTEE 2005 award for cash recycling system
November 1, 2005
PADERBORN, Germany - Wincor Nixdorf's new cassette-based cash recycling system, the ProCash 4000, received the "Best Product at CIFTEE 2005" award during the…
read nowThe growing off-premise market: Where will it lead?
by Tracy Kitten — Editor, AMC
The United States has held the lead in off-premise placements since 1996, but will off-premise growth in the rest of the world even the playing field?
read nowCell phones plug Africa's poor into mobile banking
October 31, 2005
Reuters: Mobile technology has already revolutionized communications in Africa, the world's poorest continent, bringing phones to millions of poor and isolated…
read nowCard processors see potential in prepaid market
October 27, 2005
ePaynews.com: Card processors stand to benefit from prepaid debit and stored-value card transactions, with projections of $1.8 billion in revenue in 2005. A…
read nowUK ISO faces boardroom coup
October 27, 2005
Yahoo! UK Ltd.: Troubled fee-charging ATM operator Scott Tod is facing more change at the top. Former chief executive Nick Tod, who was forced out in August…
read nowWal-Mart applies for limited banking charter
October 27, 2005
CNN/Money: Is retail banking next on Wal-Mart's agenda? That's certainly the fear among regional and community banks throughout the United States as bankers…
read nowFirst Data signs management deal for 7-Eleven ATMs in Australia
October 26, 2005
SYDNEY, Australia - First Data Corp. announced in a news release that it has extended its Australian alliance for merchant services with BankWest, which is…
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