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Transaction Processing News & Media

eFunds' earnings drop; CEO says 2003 a 'transition year'

April 30, 2003

SCOTTSDALE, Ariz. -- eFunds Corporation (Nasdaq: EFDS) reported net income of $4.6 million or 10 cents a share on revenue of of $130.5 million for 2003's first…

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TNS UK gets 1st ISO customer for ATM services

April 30, 2003

LONDON -- British ISO Cardpoint plc has selected Transaction Network Services (TNS) to provide its ATM processing and networking facilities.

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Concord earnings up 43% in 1Q '03

April 28, 2003

MEMPHIS, Tenn. -- Transaction processor Concord EFS Inc. (CE.N) said its first-quarter 2003 net income rose 43 percent from a year earlier, as it added ATMs to…

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NYCE vet to lead sales for eFunds' EFT division

April 27, 2003

SCOTTSDALE, Ariz. -- Eric S. Bleicher has joined eFunds Corporation (Nasdaq: EFDS) as vice president of national sales for the EFT Solutions business line.

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Fiserv reports strong 1Q '03 earnings

April 22, 2003

BROOKFIELD, Wis. -- Fiserv, Inc. (Nasdaq: FISV) reported record revenues of $624.8 million for the first quarter of 2003, up 11 percent over $560.7 million in…

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Mosaic Software adds 27 new customers

April 22, 2003

DEERFIELD BEACH, Fla. -- Mosaic Software, a provider of transaction processing software, announced the addition of 27 new customers at the inaugural meeting of…

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Innobeta converts Money Marketing ATMs

April 16, 2003

SOUTH HACKENSACK, N.J. -- Transaction processor Innobeta Systems, Inc. has converted nearly 2,000 ATMs under contract with ISO Money Marketing, Inc. to the…

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First American Payment Systems gets equity funding

April 16, 2003

FORT WORTH, Texas -- First American Payment Systems, L.P., a merchant credit card processing acquirer that also has ATM deployment and leasing divisions, has…

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First Data takes go-slow approach to Concord merger

April 14, 2003

DENVER -- First Data, which has signed an agreement to purchase Concord EFS for $6.77 billion, is taking a cautious approach to the acquisition, which would…

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Texas company targets transaction processing in Mexico with proprietary wireless telecoms

April 14, 2003

SAN ANTONIO, Texas -- Wireless Access Inc., which deploys wireless networks in areas that do not have an adequate landline telecommunications infrastructure to…

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Euronet subsidiary in top-up deal with UK Safeway stores

April 10, 2003

LEAWOOD, Kan. and LONDON -- Euronet Worldwide's (Nasdaq:EEFT) subsidiary e-pay has launched electronic top-up services, a payment method that enables consumers…

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First Data turns in strong 1Q

April 10, 2003

DENVER -- First Data Corp. (FDC.N) said its first-quarter 2003 earnings rose to $292.6 million, or 39 cents per share, from $244.3 million, or 31 cents a…

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Atmos to provide ATM processing for new UK independent

April 2, 2003

LONDON -- Atmos, the UK's largest provider of outsourced ATM and card services, has signed a contract with Omnicash Ltd, the latest entrant to the UK's…

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EFT megamerger may impact ATM fees

April 2, 2003

NEW YORK -- Soon after confirmation came that Greenwood Village, Colo.-based First Data Corp., the world's biggest credit card processor and owner of Western…

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Innobeta processes five millionth ATM transaction

April 2, 2003

SOUTH HACKENSACK, N.J. -- Innobeta Systems, Inc., says that it recently processed its five millionth ATM transaction, just nine months after going live on June…

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First Data, Concord reach terms for acquisition

April 1, 2003

NEW YORK -- As expected, First Data Corp. (NYSE: FDC) and Concord EFS, Inc. (NYSE: CE) say they will merge in an all-stock transaction valued at approximately…

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Processor caps year of growth in Canadian ATM market

March 31, 2003

TORONTO -- Transaction processor TNS Smart Network Inc. says that it now provides processing for 5,000 ATMs in Canada.

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NY Times: Concord deal close, First Data the buyer

March 31, 2003

MEMPHIS, Tenn. -- First Data Corporation is close to acquiring Concord EFS Inc., according to a New York Times report.

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Canadian ATM operator/processor Datawest reports profitable 4Q

March 31, 2003

VANCOUVER, British Columbia -- Datawest Solutions Inc. (TSX: DS), a Canadian transaction processor and ATM operator, reported net income of $4.2 million (about…

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Metavante beats Triple DES deadline

March 20, 2003

MILWAUKEE, Wis. -- Transaction processor Metavante Corporation, a subsidiary of Marshall & Ilsley Corporation (NYSE: MI), says it has certified Triple DES…

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