RBS Lynk inks eight new processing deals with ISOs

September 20, 2005

ATLANTA - RBS Lynk, a payment processor, has signed eight new independent sales organization clients for service this year, accordign to a news release. The…

Indiana bank absorbs ATM fees for customers

September 19, 2005

NEW ALBANY, Ind. - First Independence Bank, which has eight branches in Southern Indiana, is promoting its ATM Advantage checking account as one that will…

MasterCard expected to go public

September 19, 2005

The Green Sheet: At the end of August, MasterCard Inc. announced that it plans to restructure company ownership through an initial public offering of common…

Katrina's impact on ATM industry hard to assess

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A week after Katrina shredded the Alabama-Mississippi-Louisiana coastline along the Gulf, ATM industry leaders are still waiting to assess the damage and…

Global Payments subsidiary opens in Moscow

September 8, 2005

ATLANTA -Global Payments Inc., an electronic payments processor, announced in a news release that MUZO, the company's Prague-based subsidiary, opened a new…

Checkgateway signs referral deal with Transfirst

September 7, 2005

 PHOENIX - Checkgateway, a provider of electronic payment services, announced in a news release that it has signed an agreement with Transfirst, a provider of…

Discover isn't going anywhere

September 5, 2005

The Green Sheet: Investment banking firm Morgan Stanley has decided not to sell Discover Financial Services. In April 2005, amidst much corporate turmoil…

BankWest, First Data form alliance for merchant acquiring in Australia

September 5, 2005

SYDNEY- In a first for the Australian financial services industry, BankWest, a member of the HBOS Australia group, and First Data Corp. have formed an…

Fed asks banks to waive some fees

September 1, 2005

MarketWatch: The Federal Reserve and other financial regulators on Sept. 1 asked banks to assist hurricane-hit customers by waiving ATM fees and overdraft…

Global Axcess, BidVest partner for ATM expansion in South Africa

September 1, 2005

PONTE VEDRA, Fla. - Global Axcess Corp., a transaction processing company, announced in a Sept. 1 news release that it has signed an agreement with The BidVest…

Banks help besieged by waiving ATM, other fees

August 31, 2005

USA Today: Some financial institutions are waiving late payments and ATM fees and extending loan terms for customers affected by Hurricane Katrina. Wachovia is…

Location, location, location: Wireless data drives business success

by Tracy Kitten — Editor, AMC

August 29, 2005

A decade ago, wireless communications meant bulky cell phones in the hands of well-heeled executives. Today, wireless devices are a professional necessity and…

As processors merge, the industry holds its breath

by Tracy Kitten — Editor, AMC

After 20 years of mergers and acquisitions, only few more than a handful of transaction processors remain. But it may still be too early to tell whether the…

First Data expands agreement with Latin American FI

August 24, 2005

MEXICO CITY - First Data Corp. has renewed its payment-processing agreement with BBVA Bancomer, according to a news release. First Data will support BBVA…

Paragon releases POS simulation in new testing tools

August 22, 2005

HOLLY SPRINGS, N.C. - Paragon Application Systems, which provides ATM and EFT simulation, configuration and testing tools, announced the release of its quality…

Fallout from CardSystems breach continues

August 21, 2005

After the security breach at CardSystems, many who previously paid little attention to the card acquiring business are paying attention now.

Fed publishes proposed amendments to Reg E

August 21, 2005

WASHINGTON - The Federal Reserve Board has published proposed amendments to Regulation E and the regulation's official staff commentary, which clarify the…

Wausau names new president of payment solutions

August 17, 2005

MOSINEE, Wis. - Wausau Financial Systems, a leading financial systems and services provider, named Nancy Langer president of payment solutions last month.

New York bank uses S1 Postilion to drive ATMs in-house

August 15, 2005

DEERFIELD BEACH, Fla. - Mosaic Software, an S1 Corp. company and global transaction processing solutions provider, announced in an Aug. 16 news release that…

NetBank offers new service options

August 15, 2005

JACKSON, Miss. ¾ NetBank Payment Systems Inc., an end-to-end provider for payment processing solutions and a subsidiary of NetBank, announced in an Aug. 1…