Transaction Processing News & Media
First Data doesn't need shareholder approval for revised Concord merger agreement
December 21, 2003
DENVER - First Data Corp. will not need to seek the approval of its shareholders for the revised terms announced last week under which it will acquire Concord…
read nowAtmos delivers card processing to Bradford & Bingley
December 18, 2003
LONDON - Atmos, the UK's largest provider of outsourced transaction management services for financial institutions and independent ATM deployers, has delivered…
read nowEuronet converts $8.1M of convertible acquisition debt
December 15, 2003
LEAWOOD, Kan. - Euronet Worldwide, Inc. (Nasdaq:EEFT) announced the redemption of convertible promissory notes for common stock associated with its February…
read nowFirst Data to divest NYCE; Concord merger now looks likely
December 14, 2003
DENVER and MEMPHIS, Tenn. - First Data Corp. (NYSE: FDC) and Concord EFS Inc. (NYSE: CE) have announced a proposed agreement with the U.S. Department of…
read nowDOJ rejects First Data offer as sides prepare to argue Concord merger
December 11, 2003
WASHINGTON - First Data Corp offered U.S. antitrust authorities on Dec. 11 a deal aimed at resolving objections to its proposed purchase of Concord EFS Inc. -…
read noweFunds to move to NYSE
December 8, 2003
SCOTTSDALE, Ariz. - eFunds Corporation (Nasdaq: EFDS) plans to transfer its common stock listing to the New York Stock Exchange (NYSE).
read nowACI continues to evolve BASE24-es software
November 20, 2003
OMAHA, Neb. - ACI Worldwide (Nasdaq: TSAI) has signed an agreement with HP to provide ACI's BASE24-es e-payment software, which is used to acquire…
read nowEuronet making India hub of Asia/Pac operations
November 12, 2003
MUMBAI, India - Euronet Worldwide is considering making India the processing hub for its Asia- Pacific operations. Euronet operates in the country through its…
read nowElan Financial intros data warehouse app to help manage ATM, debit programs
November 10, 2003
MINNEAPOLIS - Elan Financial Services has introduced a new data warehouse application that it says will help financial institutions analyze data and make…
read nowGenpass, Paymentech partner on offering for community banks
November 9, 2003
IRVING, Texas - Genpass has signed an agreement with Dallas-based electronic payment processor Paymentech.
read nowUK building society to use S2 Systems platform to drive ATMs
November 4, 2003
DALLAS - Coventry Building Society, the fifth-largest building society in the UK, has selected S2 Systems, Inc.'s OpeN/2® platform to drive its 54 ATMs.
read nowCourt fast tracks First Data/Concord case
October 29, 2003
DENVER and MEMPHIS, Tenn. - U.S. District Court Judge Rosemary Collyer on Oct. 28 entered a scheduling order in the litigation filed by the Department of…
read nowAmSouth goes with Pulse, Visa for ATM transactions
October 23, 2003
BIRMINGHAM, Ala. - AmSouth Bank has renewed its contract with Visa USA for signature-based debit, added Interlink PIN-based debit and has chosen Visa Debit…
read nowConcord's 3Q '03 negatively impacted by M&A charges
October 22, 2003
MEMPHIS, Tenn. - Concord EFS Inc. reported third-quarter earnings of $92.5 million, a 1.8 percent drop from $94.3 million in 2002's third quarter, on charges…
read nowFiserv earnings up in 3Q '03
October 22, 2003
BROOKFIELD, Wis - Transaction processor Fiserv, Inc. (Nasdaq: FISV - News) reported net income of $80.4 million, or 41 cents per share, in the third quarter…
read nowDOJ sues to block First Data/Concord merger
October 22, 2003
WASHINGTON - The Justice Department filed suit on Oct. 23 to block First Data Corp.'s $7.3 billion acquisition of Concord EFS Inc., contending the deal would…
read nowFirst Data cuts 740 jobs in '03's 3Q
October 19, 2003
DENVER - While First Data Corp. (NYSE: FDC) says it still expects to soon close a $7 billion acquisition of transaction processor Concord EFS (NYSE: CE), it's…
read noweFunds to purchase software company
October 19, 2003
SCOTTSDALE, Ariz. - eFunds Corporation (Nasdaq: EFDS), a provider of risk management, electronic payments, ATM and outsourcing products, has signed a…
read nowMd. bankers endorse Genpass as preferred ATM services provider
October 14, 2003
IRVING, Texas - Genpass, Inc. says it has signed a promotional and referral agreement with Maryland Bankers Services, the service affiliate of the Maryland…
read nowMosaic receives Co-Op Network's processor award
October 9, 2003
DEERFIELD BEACH, Fla. - Transaction processing software provider Mosaic Software has received the Co-Op Network's 2003 Outstanding Processor Performance Award.
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