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Transaction Processing News & Media

Cyphermint tabs BroadVision for Vcom project

June 23, 2002

REDWOOD CITY, Calif. -- E-business applications provider BroadVision Inc. (NASDAQ:BVSN) has reached an agreement with Cyphermint Inc. to provide BroadVision…

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Wincor joins IFX Forum, to work on ATM, POS issues

June 17, 2002

AUSTIN, Texas -- ATM solutions provider Wincor Nixdorf Inc. has joined the Interactive Financial eXchange Forum (IFX), an organization dedicated to creating a…

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Banknorth taps Metavante for ATM services

May 23, 2002

MILWAUKEE, Wis. --  Banknorth Group (Nasdaq:BKNG), one of the country's 35 largest commercial banking companies, has signed a long-term agreement with…

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Concord completes Core Data acquisition

May 19, 2002

MEMPHIS, Tenn. -- Concord EFS (NASDAQ: CEFT) has completed its acquisition of Core Data Resources, a privately-held transaction processor based in Amarillo…

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The shared network business: Under new management

by

May 14, 2002

With all of the changes that have hit the ATM industry over the past few years, Speer & Associates Chairman George Albright opines that the consolidation of…

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EDS certifies Fujitsu's Series 8000 ATMs

May 5, 2002

DALLAS -- Fujitsu Transaction Solutions Series 8000 ATMs have been certified to operate on Electronic Data Systems Corp.'s (NYSE: EDS) EFT networks. EDS…

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UAE ATM switch connects to other GCC switches

May 5, 2002

ABU DHABI, United Arab Emirates -- The UAE interbank switch (UAESwitch) has connected to the ATM switches in all five of the other of Gulf Cooperation Council…

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Genpass names McHugh COO

April 25, 2002

DALLAS -- Genpass Inc. named EFT technology veteran Thomas J. McHugh chief operating officer for its financial transaction processor, Genpass Technologies…

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eFunds piloting electronic checks with First of Omaha Merchant Processing

April 16, 2002

MILWAUKEE -- First of Omaha Merchant Processing is offering eFunds Electronic Check, a product that converts paper checks into electronic transactions at the…

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Magic Line gets credit union network deal

April 15, 2002

DEARBORN, Mich. -- Magic Line EFT network signed a processing agreement with Indianapolis-based SHARE SYSTEM, a credit union network of Indicorp.Credit unions…

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EDS restores service in wake of Floyd's flooding

April 15, 2002

ROCHELLE PARK, N.J. -- In the wake of Hurricane Floyd's powerful flooding, EDS' Rochelle Park switching center is fully operational again.The processor's…

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Mexican ATM network to use Gasper system

April 15, 2002

DAYTON, Ohio -- PROSA, Mexico's national ATM network will use the Gasper Manager and Transaction Monitor products provided by Gasper Corporation for management…

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Downey Savings uses Fujitsu PrecisionDelivery to personalize ATM services

April 15, 2002

LA JOLLA, Calif. -- Downey Savings and Loan Association F.A. has become the first financial institution to utilize Fujitsu-ICL Systems Inc.'s PrecisionDelivery…

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ABN AMRO North America joins STAR

April 9, 2002

MEMPHIS, Tenn. -- Concord EFS, Inc. (NASDAQ: CEFT), operator of the STAR network, says that ABN AMRO North America has signed a long-term participation…

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Two banks switch ATM driving to NYCE

March 25, 2002

WOODCLIFF LAKE, NEW JERSEY -- Two New York State financial institutions -- Canandaigua National Bank and Trust and SBU Bank -- have chosen NYCE Corporation as…

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ACS to provide ATM processing for American Express

March 21, 2002

NEW YORK -- In its overall scheme to beef up its ATM program, American Express has signed a 5-year agreement with Affiliated Computer Services (ACS). to…

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Despite rise in units, ATM transactions drop

March 21, 2002

Despite the fact that a mass deployment of terminals continues, the number of ATM transactions has dropped in the U.S., according to the latest study released…

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Cash Tech to install ATM-X at Rent-Way stores

March 21, 2002

LOS ANGELES -- Los Angeles-based Cash Technologies has agreed to install its multi-function ATM-X units at Rent-Way stores in the Western U.S.Cash Tech's ATM-X…

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Bank of America reverses decision, stays with Star

March 11, 2002

MEMPHIS, Tenn. -- Bank of America has reversed its earlier decision to pull out of the Star Systems network and signed a long-term contract with Concord…

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Cash Tech to license EMMA to Latin American company

March 7, 2002

LOS ANGELES -- Cash Technologies, Inc. (Amex: TQ) has signed a letter of intent to license its EMMA system and associated transaction processing technology to…

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