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Transaction Processing News & Media

Japanese get thrill of slot machine at ATM

July 20, 2005

AFP: Ogaki Kyoritsu Bank, which is based near Tokyo, on Aug. 8 will introduce ATMs that double as slot machines. The concept driver: Customers can play the…

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U.K. says fee-free ATMs are not threatened

July 20, 2005

Reuters: The House of Commons Treasury Committee said July 18 that fee-free ATMs in the United Kingdom are not threatened by the spread of ATMs that charge…

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Wausau to hold clearing options workshop at TAWPI

July 20, 2005

MOSINEE, Wis. - Wausau Financial Systems will hold a three-hour workshop July 24 at the Baltimore Convention Center before the opening of the TAWPI 2005 Forum…

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Utah airport renews ATM contract with Co-Op Network, credit unions

July 19, 2005

ONTARIO, Calif. - Salt Lake City International Airport has renewed its ATM partnership for another five years with Co-Op Network, Delta Employees Credit Union…

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Fiserv CBS provides processing for Mexican credit union

July 19, 2005

LAKE MARY, Fla. - The Fiserv CBS Worldwide unit of Fiserv Inc. has signed CoopDesarrollo, Mexico's sixth largest credit union, to a core-processing agreement…

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First Data reports 16% profit drop in 2Q

July 17, 2005

Reuters: First Data Corp., the world's largest electronic commerce and payment service, on July 15 said second-quarter profit fell 16 percent, missing…

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Visa goes outside industry for new CEO

July 13, 2005

USA Today: Visa USA, the brand behind the nation's largest payment system, named John Philip Coghlan as its new chief executive Monday, ushering in a leader…

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Compromised credit data improperly kept, company admits

July 12, 2005

New York Times: John M. Perry, chief executive of CardSystems Solutions, the credit card processing company whose computer system was penetrated by data…

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Kahuna unveils early-interchange payment program

July 11, 2005

BLOOMINGTON, Ill. - Kahuna Business Group announced in a July 12 news release that it is offering the first and only industry-wide program that pays ATM…

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Bank Machine proposes installation of fee-free ATMs

July 10, 2005

Money.telegraph: One of the largest independent ATM operators in the United Kingdom, Bank Machine, is proposing to install fee-free cashpoints in every…

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Update: California ATM-fee bill sails to Assembly floor

July 6, 2005

A California bill that would enable ATM owners to charge transaction fees to non-U.S. card holders took a major step toward passage July 6, when it won…

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Hands-off cost control

July 5, 2005

From a technology standpoint, the ATM's evolutionary rate is ever-increasing. Bankers seem to have new specifications to worry about every day.

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Checkgateway signs contract with TransFirst

July 5, 2005

PHOENIX - Checkgateway, a provider of electronic payment and innovator in the Automated Clearinghouse payment processing industry, signed a one-year contract…

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TNS markets prepaid MasterCard cards

June 30, 2005

TORONTO - Mint Inc., a subsidiary of Mint Technology Corp., and Horizon Plus Card Services Ltd. announced June 29 a distribution agreement with TNS Smart…

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ATM operators in the U.K. face more possible fines

June 29, 2005

Manchester Evening News: ATM operators in the United Kingdom will face heavy fines July 1 if they fail to tell customers whether they face a charge for…

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First Data adds Sears Cards to Citibank deal

June 26, 2005

DENVER, Colo. - Electronic commerce and payments leader First Data announced in a June 24 news release that it has expanded its relationship with Citibank.

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Inetco provides encryption to wireless ATMs

June 16, 2005

BURNABY, British Columbia - Inetco Systems Ltd., which provides ATM and POS connectivity solutions, is providing Triple DES encryption to wireless ATMs.

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ATM surcharges benefit consumers

June 16, 2005

eMaxHealth: Two economists, who conducted a study about consumer welfare and ATMs, found that ATM surcharges actually benefit consumers living in big cities.

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EMV: When will it hit the United States?

by Tracy Kitten — Editor, AMC

June 10, 2005

As the rest of the world shifts toward the Europay/MasterCard/Visa standard, the United States is casually waiting by the sidelines. But some experts predict…

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First Data expands presence in Eastern Europe, Holland

June 9, 2005

LONDON - First Data Corp., an international provider of electronic commerce and payment services, has agreed to acquire EuroProcessing International, a leading…

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