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Transaction Processing News & Media

U.K. group fights for better ATM deals

March 27, 2005

Sky News: A leading consumer group in the United Kingdom is urging ATM providers to start giving customers a better deal. The plea comes just before the…

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U.S. firms seeking stakes in Indian processing companies

March 22, 2005

Economic Times: India's transaction processing business is likely to see some action in the coming days. A number of foreign players are in talks with two…

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New Nextran ATM certified by Concord Processing

March 21, 2005

SOUTH HACKENSACK, N.J. - The Nextran Group, an ATM products and services provider, announced that its newest ATM model, the ComNet Xtremo, has been certified…

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Lawmakers address inequity in ATM fees

Visa and MasterCard rules prohibit acquirers from collecting ATM surcharges from international cardholders -- but a dozen states have passed laws permitting…

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XP Systems introduces LynxGate Solutions

March 16, 2005

MOORPARK, Calif. - XP Systems, a business unit of Fiserv, Inc. (Nasdaq: FISV), has introduced LynxGate Solutions, a provider of ATM management solutions…

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Euronet Worldwide reports 61 percent jump in sales in 4Q '04

March 16, 2005

Forbes: Electronic payment provider Euronet Worldwide Inc. reported a fourth-quarter profit on a 61 percent jump in sales from 2004 and issued first-quarter…

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eFunds nets $40.8M in '04, forecasts 17-22% increase for '05

February 22, 2005

SCOTTSDALE, Ariz. - eFunds Corporation (NYSE: EFD - News) reported net income of $11.3 million, or 22 cents per diluted share, compared with net income of…

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Filipino banks may be forced to display surcharge fees on ATM screens

February 15, 2005

ABS-CBN News: The Bangko Sentral in the Philippine Islands is considering requiring banks to display on screen what ATM users will pay for cash withdrawals at…

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Operator bids for Nationwide Building Society's ATM network

February 14, 2005

Computing: The Nationwide Building Society announced last week it has been approached by a fee-charging cash machine operator that is interested in buying its…

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Euronet signs partnering with e-ClassicSystems

February 13, 2005

LEAWOOD, Kan. - Electronic transactions solutions provider, Euronet Worldwide, Inc., announced a partnership agreement with e-ClassicSystems, Inc.

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ACI providing software for Rwanda's new payment network

February 8, 2005

OMAHA, Neb. - SIMTEL, an organization created by the Rwandan government to modernize the country's national payments network, is using ACI Worldwide's…

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Fifth Third will process MoneyPass transactions for its customers

February 7, 2005

IRVING, Texas - Fifth Third Processing Solutions has signed an agreement to process MoneyPass transactions for its financial institution customers.

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Fiserv volumes grow in '04

February 1, 2005

BROOKFIELD, Wis. - Fiserv, Inc. (Nasdaq: FISV) said its Fiserv EFT unit and Accel/Exchange network processed record-setting EFT transaction volume for 2004…

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eFunds makes organizational changes

February 1, 2005

SCOTTSDALE, Ariz. - eFunds Corporation (NYSE: EFD), is promoting George Gresham to senior vice president and chief financial officer, effective April 1…

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Automated cash handling at a bank near you

by Tracy Kitten — Editor, AMC

January 25, 2005

Over the next decade, advanced functionality is expected to gain popularity at ATMs owned by U.S. financial institutions, according to Tony Hayes, managing…

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UK fight over ATM charges heats up

January 24, 2005

The Guardian: Senior officials from the United Kingdom Post Office face a grilling by the Treasury select committee of MPs next month over charges levied at…

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Lynk adds RBS to name

January 18, 2005

ATLANTA - Payment processor Lynk Systems has changed its company name to RBS Lynk, following its recent acquisition by The Royal Bank of Scotland Group.

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Money Centers of America marketing Mosaic Software's Postilion to gaming industry

January 18, 2005

KING OF PRUSSIA, Pa. - Money Centers of America, Inc. (OTC Bulletin Board: MCAM) has acquired a license and the exclusive reseller agreement with Mosaic…

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Third-party transaction processing coming to Russia

January 18, 2005

RIA Novosti: Two independent transaction processing companies -- Euronet Worldwide and EuroProcessing International -- have entered the Russian bank card…

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