Transaction Processing News & Media
NCB awarded for best electronic banking services in Saudi Arabia
October 6, 2005
AME Info: The National Commercial Bank has won the Middle East award for the best bank in Electronic Banking Services in the Kingdom of Saudi Arabia for 2005.
read nowVisa grants CardSystems an extension
October 5, 2005
The Green Sheet: Visa U.S.A. won't cut CardSystems Solutions Inc. from its network until Jan. 31, 2006. The three-month extension follows CyberSource Corp.'s…
read nowFirst Data, Chase integrate merchant processing
October 5, 2005
NEW YORK - J. P. Morgan Chase & Co. and First Data Corp. have signed an agreement to integrate the companies' jointly owned Chase Merchant Services and…
read nowOpen Solutions Canada upgrades switching services
October 5, 2005
GLASTONBURY, Conn. - Open Solutions Canada, a business unit of Open Solutions Inc., is upgrading the provision of ATM and other financial transaction switching…
read nowRising bank fees hit consumers
October 4, 2005
USA Today: Last year, banks, thrifts and credit unions collected a record $37.8 billion in service charges on accounts, more than double what they got in 1994…
read nowEuronet closes $175 million debt placement
October 4, 2005
Kansas City Business Journal: Euronet Worldwide Inc. has completed the sale of $155 million in convertible bonds and sold an additional $20 million of the…
read nowATM performance in Iran linked to banknotes
October 4, 2005
IranMania: Weak national currency is the main reason ATMs in Iran have not been functioning properly, said one banking expert, who added that dispensing higher…
read nowGCA inks multiyear deal with Boyd Gaming
October 4, 2005
LAS VEGAS - Global Cash Access Inc. signed a five-year agreement with Boyd Gaming Corp. to continue providing products and services at 18 Boyd Gaming…
read nowU.K.'s Nationwide calls for ATM signage
October 3, 2005
easier.com: The United Kingdom's Nationwide Building Society is introducing at-a-glance signage for its ATMs - signage that informs customers they will not be…
read nowCo-Op Network transfers ATM check image
October 3, 2005
ONTARIO, Calif. - Co-Op Network, in partnership with California Center Credit Union, eFunds, WesCorp and NCR Corp., announced in a Oct. 3 news release that it…
read nowIranian system to connect to Chinese banking network
October 3, 2005
IranMania News: Iran and China have signed an agreement to connect Iran's SHETAB system to the Chinese banking network.
read nowRetail group sues MasterCard, Visa
October 3, 2005
Datamonitor: Four major merchant associations have filed an antitrust, class-action lawsuit against most of the major credit card issuers in the United…
read nowPrepaid MasterCard leans toward convenience, not cost-savings
October 2, 2005
Scotsman.com: The new Cashplus prepaid MasterCard card, which allows consumers to load funds, hit the United Kingdom last month. Customers do not need bank…
read nowATM deployers view casino placements with new enthusiasm
by Tracy Kitten — Editor, AMC
Working with casinos, ATM deployers are learning to market the ATM as a valuable customer touchpoint, rather than just a utility.
read nowVisa adds millionth ATM to network
September 28, 2005
FOSTER CITY, Calif. - The number of ATMs in the Visa global ATM network recently hit one million, a high mark that the company, according to a news release…
read nowAsia Pay signs with NETS for online processing in Asia
September 28, 2005
BEIJING - Asia Payment Systems Inc. has completed a deal with Singapore-based Network for Electronic Transfers Pte. Ltd., which will provide Asia Payment…
read nowMasterCard, Cardtronics set surcharge-free ATM program
September 26, 2005
HOUSTON - Cardtronics LP and MasterCard International have created a surcharge-free ATM program, according to a news release. Effective immediately, issuers of…
read nowPulse returns processing to Houston
September 26, 2005
HOUSTON - Pulse EFT Association Inc., one of the nation's leading electronic funds transfer networks, has resumed processing operations at its Houston…
read nowCalifornia OKs fees for foreign ATM users
September 26, 2005
Sacramento Bee: Independent ATM owners in California will be allowed to charge foreign users a transaction fee. The legislation, which was signd in California…
read nowGRG Banking hosts conference in Beijing
September 25, 2005
BEIJING - GRG Banking Equipment Co. Ltd. held a banking conference for clients and partners Sept. 18, according to a news release.
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