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Transaction Processing News & Media

PRE Solutions files suit against Dynamic for contract breach

May 15, 2005

ATLANTA - PRE Solutions Inc., which provides prepaid transaction-processing solutions for retailers, announced May 16 in a news release that it has filed a…

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ATM backlash drops off in UK

May 12, 2005

icWales: The backlash against ATMs that charge consumers for withdrawing money is weakening, a leading operator of ATMs said May 13.

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EUFISERV opens ATM gateway to China

May 12, 2005

SHANGHAI, China - China UnionPay and European Savings Banks Financial Services signed a deal to allow China UnionPay cardholders access to participating…

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TNS acquires FusionPoint

May 12, 2005

RESTON, Va. - Transaction Network Services Inc., which provides business-critical network and data communications services for transaction-oriented…

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BREAKING: U.S. bank buys Genpass

May 10, 2005

MINNEAPOLIS and IRVING, Texas - U.S. Bank, a subsidiary of U.S. Bancorp (NYSE: USB), announced its purchase of Genpass Inc. May 10.   The sale includes Fort…

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Banking segment revenue improves at NetBank

May 10, 2005

ATLANTA - NetBank Inc. (Nasdaq: NTBK), a diversified financial services provider, reported financial results for the first quarter of 2005 May 4.

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First Data signs processing deal with Belize bank

May 10, 2005

BELIZE CITY, Belize - First Data Corp, an electronic-commerce and payment-services provider, signed a payment-processing agreement with Provident Bank &…

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Credit union network grows 35% since '04

May 9, 2005

TALLAHASSEE, Fla. - The Credit Union 24 Network hit record-setting growth figures for 2004, according to a news release. New participants and expanded…

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Paragon inks deal in Middle East

May 9, 2005

HOLLY SPRINGS, N.C. - The Shared Electronic Banking Services Co. (KNET) - Kuwait's EFT national switch and a leading payments processor in the Gulf…

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New Zealanders are giving up the green

May 9, 2005

The National Business Review: New Zealand consumers are well on their way to making cashless transactions, according to a KPMG, a professional service firm…

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Credit union in Kansas drops fees

May 5, 2005

The Wichita Eagle: Boeing Wichita Credit Union in Kansas has eliminated ATM fees for customers and noncustomers. The move went into effect this for the credit…

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GCA reaches highest-ever quarterly revenue

May 5, 2005

LAS VEGAS - Global Cash Access Inc., a supplier of cash access systems and related marketing services to the gaming industry, experienced a 12.6 percent…

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QuikTrip, CashWorks roll out financial self-service kiosk

May 4, 2005

FRISCO, Texas - CashWorks, a GE Consumer Finance company, is offering bill payment and check-cashing services through its new mini-kiosk platform.

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Visa adds technology layer to fight fraud

May 4, 2005

SAN FRANCISCO - Visa USA announced April 20 the addition of a new layer of technology to help its member financial institutions reduce application fraud losses…

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National EFT Network sets new standard

May 3, 2005

ONTARIO, Calif. - The CO-OP Network's board of directors announced a record-setting patronage distribution of $10.3 million for 2004, the largest cash…

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Fiserv , FSV Payment Systems offer stored-value solutions

May 2, 2005

LINCOLN, Neb. - Information Technology Inc., a subsidiary of Fiserv Inc. (Nasdaq: FISV), and FSV Payment Systems Inc. (FSV) teamed to offer FSV's Paycheck…

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ACI inks deal with Algerian bank

May 2, 2005

WATFORD, England - ACI Worldwide Inc. (Nasdaq: TSAI), an international provider of enterprise e-payment solutions, announced in a news release that Banque de…

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ATM business boosts Euronet revenue

April 27, 2005

The Business Journal of Kansas City: The addition of more than 2,000 ATMs helped Euronet Worldwide Inc. post a 45 percent revenue increase in the first…

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The evolution of CRM

by Tracy Kitten — Editor, AMC

April 26, 2005

Financial institutions started customer relationship management databases in the '80s, but FIs never quite figured out how to use the information. In fact…

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ATM processor in Portugal inks deal with Carreker

April 26, 2005

DALLAS, Texas - Carreker Corp. (Nasdaq: CANI), a provider of technology and consulting solutions for the financial industry, signed a deal with Sociedade…

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