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Transaction Processing News & Media

Pakistan officials agree on need for update of ATM system

September 11, 2002

KARACHI, Pakistan -- Speakers at a Karachi seminar on Aug. 28 urged the banks to push for service-based technology progress to benefit the customers, according…

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Diebold becomes reseller of Mosaic's Postilion

September 11, 2002

NORTH CANTON, Ohio and DEERFIELD BEACH, Fla. -- ATM manufacturer Diebold has entered into an agreement with Mosaic Software to become a reseller of Mosaic's…

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Concord lowers earnings estimates, names Labry as Palmer's successor

September 4, 2002

MEMPHIS, Tenn. -- Transaction processor Concord EFS says that in full-year 2002 it expects to realize revenue growth of 26 percent to 28 percent and diluted…

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Euronet to provide software for Westpac's Pacific operations

August 27, 2002

LEAWOOD, Kansas and SYDNEY, Australia -- Euronet Worldwide, Inc. (NASDAQ: EEFT) says it has signed a contract with Westpac Banking Corporation to provide…

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Datawest now has 18% share of Canada's ATM market

August 25, 2002

BRITISH COLUMBIA, Canada -- Canadian transaction processor Datawest Solutions Inc. (TSX: DS), says its Payment Solutions Group now provides payment processing…

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N.C. selects eFunds as EBT provider

August 19, 2002

SCOTTSDALE, Ariz. -- eFunds Corporation (Nasdaq: EFDS) says it has been selected as the prime provider of Electronic Benefits Transfer (EBT) services by the…

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TNS Smart Network up to 4,000 ATMs in Canada

August 15, 2002

TORONTO -- TNS Smart Network, a privately-owned company that provides ATM and point-of-sale transaction processing, says it now provides processing for 4,00…

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Concord denies rumors of SEC probe as stock plunges

August 8, 2002

MEMPHIS, Tenn. -- An online report that ATM transaction processor Concord EFS (NASDAQ: CEFT) was under investigation by the Securities and Exchange Commission…

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Global Cash Access cashes in with casino market

August 7, 2002

LAS VEGAS -- Global Cash Access, which provides ATM- and kiosk-related products to the gaming industry, announced on Aug. 8 that 15 casino facilities in six…

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Wisconsin ISO live with TNS Smart Network, driving own ATMs

August 6, 2002

TORONTO -- Cash Depot, a Green Bay, Wis.-based ISO, has successfully launched the TNSSmart Processing Suite, which allows them to drive their own ATMs.

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Concord authorizes stock repurchase

August 5, 2002

MEMPHIS, Tenn. -- After watching its stock price drop about 30 percent during the past week, the board of directors of Memphis-based Concord EFS on Aug. …

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Datawest earnings improve in 2Q

August 1, 2002

VANCOUVER, BRITISH COLUMBIA -- Datawest Solutions Inc. (TSX: DS - News), reported a loss of $303.384, or 2 cents a share, on revenues of $11.7 million for the…

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Concord's revenues up 28% in 2Q

July 30, 2002

MEMPHIS, Tenn. -- Transaction processor Concord EFS reported revenue growth of 28 percent in the second quarter of 2002 compared to 2001.

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Bank directing customers to ATMs with payroll cards

July 23, 2002

ST. LOUIS -- St. Louis-based First Banks Inc. is sending more customers to the ATM lines as it expects to distribute nearly 500,000 new MasterCard Payroll…

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USA Payment chooses TNS for trans-Atlantic card processing

July 22, 2002

RESTON, Va. -- Transaction Network Services (TNS) announced that USA Payment Systems is using its networks and services to transport payment card…

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Cashcard achieves 100 percent availability

July 16, 2002

SYDNEY -- Transaction processor Cashcard Australia says it achieved record 100 percent availability during scheduled system uptime in the 2001-2002 financial…

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Wausau Financial honored for excellence

July 14, 2002

MOSINEE, Wis. -- Wausau Financial Systems (WFS), a provider of financial transaction processing software and hardware solutions, has been selected to receive…

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Genpass hires MasterCard veteran to run card division

July 10, 2002

FORT WASHINGTON, Pa. -- Genpass Inc. has hired Ralph Bianco, formerly of MasterCard International, as senior vice president for its Genpass Card Solutions…

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UK bank to use S2 Systems processing platform for phone top-ups

July 10, 2002

LONDON -- Abbey National will use its existing ATM transaction processing platform, ON/2 from S2 Systems, to allow customers to top-up their Orange prepay…

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Bailey Group chooses Lynk for transaction processing

June 25, 2002

ATLANTA -- Lynk Systems will provide transaction processing services for The Bailey Group, a Jacksonville, Texas-based ATM deployer that specializes in…

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